Robinhood CEO Vlad Tenev says more than 150,000 retail investors joined the fintech’s new venture fund, which offers exposure to private tech companies like OpenAI, Stripe, Databricks, and Oura before they go public.
Interesting
Feels like everyone wants a tiny piece of “VC” now, even if they don’t really know what they’re buying.
Yeah, it’s basically “pre-IPO vibes” in a new wrapper — most people are buying the story and the screenshot, not the liquidity timeline or how ugly fees/valuation can get. i’ve watched friends treat these like lottery tickets and then get mad when nothing happens for years.
