FUNDING
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FUNDINGUp to $200M fund
Robinhood Lets Retail Investors Back Y Combinator Startups
Robinhood is listing a publicly tradable fund that invests in current and former Y Combinator startups, opening up to $200M of early-stage venture exposure to any retail investor for the first time.
FUNDING
Robinhood Opens Y Combinator Startups to Retail
FUNDINGUp to $200M raise
Robinhood Opens Y Combinator Startups to Retail
Robinhood's second closed-end venture fund, set to list publicly on August 13 at $25/share, will let any retail investor buy exposure to Y Combinator startups for the first time.
IPO
Robinhood Now Makes More Money on Predictions Than Stocks
IPO
Robinhood Now Makes More Money on Predictions Than Stocks
Robinhood now generates more revenue from prediction markets than from traditional stock trading, a structural shift in its business mix that public-market investors are still working out how to price.