Robinhood’s $1 Billion Fund Pitches Pre-IPO Stock as Next Craze
Robinhood Markets Inc. is seeking to raise $1 billion in an initial public offering of a closed-end fund designed to give US retail investors access to private companies, as the...
By Natalia Kniazhevich, Anthony Hughes · Bloomberg
Robinhood Markets Inc. is seeking to raise $1 billion in an initial public offering of a closed-end fund designed to give US retail investors access to private companies, as the brokerage associated with meme stocks chases the latest frenzy.