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Robinhood Lets You Buy Early Startups | Raleigh News
Starting August 13th, Robinhood is letting everyday investors jump into 80 early-stage startups on the NYSE for just $25 a share—no accreditation needed. This new $200M fund, Robinhood Ventures Fund II, offers 8 million shares and targets companies from Y Combinator, whose portfolio is worth over $1.3 trillion. But it’s risky: shares can’t be redeemed at face value, prices fluctuate based on market demand, and seed-stage startups have high failure rates. With annual expenses of 4.18%, investors must beat that hurdle just to break even. It’s Robinhood’s gamble to democratize startup…
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