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importantSYS.SOURCE: TechCrunch2026-08-05T12:23:52Z

Robinhood Launches Venture Fund II to Invest in Y Combinator Startups

Robinhood launches Venture Fund II (RVII), a publicly traded fund targeting investments in Y Combinator startups, with a $25/share offering and 2/20 fee structure. The fund differs from traditional VC models by lacking a fixed end date and regular profit distributions.

Robinhood's latest financial instrument intends to let any retail investor feel like they, too, can make money by backing Y Combinator startups.

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