NextWeb · 1 min read

Robinhood is launching a publicly traded fund that invests in Y Combinator startups. Anyone can buy shares.

Robinhood is launching a publicly traded fund that invests in Y Combinator startups. Anyone can buy shares.

Robinhood is launching a second publicly traded closed-end fund that will invest in private companies from the Y Combinator ecosystem. Robinhood Ventures Fund II filed to offer 7.6 million shares at $25 each, with pricing expected after market close on August 12. The fund will trade on the NYSE under the ticker RVII. Goldman Sachs, […] This story continues at The Next Web

This is a summary aggregated from NextWeb. Read the complete article on the original site:

Read full article at NextWeb

More Startup & VC News