TechCrunch·4 min read·medium
Robinhood to list a fund that lets anyone back Y Combinator startups
J
Julie Bort
✦AI Summary
Robinhood is launching a publicly traded venture fund that allows retail investors to gain exposure to Y Combinator-backed startups. The fund, which charges significant management and performance fees, aims to raise $200 million.
Robinhood this week unveiled a financial instrument that lets anyone feel like they, too, can make money by backing Y Combinator startups.
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