A retail fund for YC startups

Will HenryCo-Founder @ Jabroni Capital w/Jack Kuveke & COO @ Jabroni Media | Raise Your Seed

If you blindly invested in every YC company since its founding in 2005, you would have printed a 176% average annual return net of dilution. Now Robinhood lists a fund that lets ANYONE back Y Combinator startups. Expected to raise $200M, Robinhood Venture Fund II (RVII) will be a publicly traded fund with an initial price of $25 per share. - ANY retail investor can buy shares in the fund, but will not directly hold any shares in the startups - The fund intends to pay the 2/20 fees to Robinhood’s unit - If enough Y Combinator companies have good exits for the fund to make money, that Robinhood unit will get 20% of the resulting returns