News Summary

• Robinhood CEO Vlad Tenev is touting the success of the fintech’s new Ventures Fund I.
• The fund allows retail investors to invest in private tech companies like Stripe, Oura, Databricks, OpenAI, and others, through a publicly traded fund listed on the NYSE.
• “We had something like over 150,000 retail investors participate in the IPO, so it's quite democratized,” he said in an interview with The Wall Street Journal.