
Robinhood ($HOOD) is launching the Robinhood Ventures Fund I ($RVI) next week, allowing retail investors to gain exposure to private companies like Databricks and Revolut without accreditation. The fund, with a 2% management fee, is priced at $25.00 per share and will IPO on February 26th. This initiative could significantly boost $HOOD's product velocity and revenue despite its current stock performance.