Robinhood plans to launch a startups fund open to all retail investors 

Robinhood Declaration On Monday it made an application to launch a new public trade fund with the US Securities and Exchange Commission that would share startups.

The idea behind “Robinhood Venture Fund Ey” is to allow each retailers to access access to Earn money in the warmest startups before going to the public.

When the current version The application is universal, Robinhood has not yet been filled with subtle crime. This means we do not know how many shares it is planning to sell, or other details like plans to charge it. It is also unclear that the startups hope that this fund will last in the end. The papers say that it will invest in “Expectations” Aerospace and Defense, AI, Fintech, Robotics as well as for consumer and initiatives in software.

Robinhood’s big pitch is retailers are excluded from the profits that startup investors have collected like VCS. This is somewhat true. “Recognized investors” – or are quite quite enough to handle the risky investment – already there are several ways to buy equity in startups such as such zealous companies WorcroudThe

Retailers who are not rich enough to be recognized have more limited options. The Ork Venture Fund of Kathy Wood, a mutual fund that holds partnerships between companies such as anthropologists, databricks, OpenAEE, SpaceX and others, including Robinhood proposed.

Robinhood’s last attempt was controversial. Trading agency This is what has been launched on personal “tokenized” stock Earlier this year, the tokens in the EU, refers to retailers, have given the power to make money from the shares of private companies such as Openai. However, but, however, OpenAI has condemned the productThis indicates that buyers of these token were not actually buying open stock – tokenized or otherwise. They just bought a token for the stock price of a private company.

This new closed-end “Venture Fund Ey” is a more classic, mutual fund-style, method. We still do not know when Robinhood’s new funds will be available. Robinhood, which in a quiet time, refused to comment.