Robinhood’s Second Venture Fund Targets Early-Stage Private Companies

Robinhood announced a new venture fund that will raise capital to invest in early-stage and growth-stage private companies. The Robinhood Ventures Fund II (RVII) confidentially submitted a draft registration statement with the Securities and Exchange Commission (SEC) to begin the process to register a public offering of its shares, the company said in a Monday (May 11) press release . Robinhood expects the initial public offering to take place after the SEC completes its review process, subject