Robinhood Ventures Fund One Invests in Stripe, ElevenLabs
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Show Notes
Robinhoods new venture fund, Robinhood Ventures Fund One, has made its debut on the NYSE, allowing everyday investors to buy into private companies like Stripe and ElevenLabs. The fund, which started trading on March 6th, acquired approximately $14.6 million worth of Stripe shares and $20 million in ElevenLabs stock. This move expands Robinhoods portfolio, which already includes firms like Databricks, Revolut, Ramp, and Oura. The fund aims to open up the growing private markets, worth around $10 trillion, to regular investors who have been shut out for years.
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