economy

March 6, 2026

Robinhood's venture fund, which gives investors access to private companies, tanks 11% on first day

Robinhood's Venture Fund I plunged 11% in its debut on the New York Stock Exchange on Friday, casting doubt on investors' appetite for riskier investment.

Robinhood's venture fund, which gives investors access to private companies, tanks 11% on first day

TL;DR

  • Robinhood's Venture Fund I (RVI) dropped 11% on its first day of trading on the New York Stock Exchange.
  • The fund aims to democratize access to private companies like Revolut and Databricks for retail investors.
  • The launch took place amid broader market declines fueled by fears of a prolonged U.S.-Iran conflict.
  • RVI priced its initial public offering at $25 per share but opened and traded significantly lower.

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