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The new offering, however, seems more buttoned-up. Named Robinhood Ventures Fund I, the vehicle is closed-end, meaning that people can buy and sell shares with each other, but not redeem them with Robinhood for the underlying assets. The fund holds some of the most sought after private market tech companies—with other names including Mercor and Oura—though it notably doesn’t include the biggest names, like SpaceX, Anthropic, and Anduril (which has been on a warpath against secondaries). The prospectus lays out that Robinhood invests in the companies through different methods, from direct share purchases to special purpose vehicles.
13-inch: 11.04 x 8.46 x 0.24 inches