Fortune

Robinhood Ventures has rebounded 30% since its lackluster debut. Can the new private markets fund now withstand the mega IPOs?

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Robinhood Ventures has surged 30% following its initial underperformance. The firm's new private markets fund faces a critical test competing against anticipated mega-IPOs from SpaceX, OpenAI, and Anthropic. Private company shareholders await these major market debuts with anticipation, as high-profile exits could reshape investment dynamics and set benchmarks for valuations across the sector.