All posts tagged: Robinhood

Riding an AI rally, Robinhood preps second retail venture IPO

Riding an AI rally, Robinhood preps second retail venture IPO

Published by skeptic

Just two months after listing its first venture fund on the stock market, Robinhood is preparing to launch a second. The company has filed a confidential registration for RVII, a standard regulatory step that allows it to work through the approval process before making details public. Unlike its first fund, which currently holds stakes in 10 late-stage companies — Airwallex, Boom, Databricks, ElevenLabs, Mercor, OpenAI, Oura, Ramp, Revolut, and Stripe — RVII will cast a wider net, investing in growth-stage and early-stage startups. It’s a meaningful distinction, given that early-stage startups are younger and carry more risk but also offer the potential for greater returns. The fundraising target for RVII has not yet been set, the company said in a blog post. For its inaugural fund, Robinhood sought to raise $1 billion but ultimately fell several hundred million short of that goal. Despite the shortfall, the first fund has performed strongly. RVI — the ticker for Robinhood’s first fund, which trades on the NYSE (New York Stock Exchange) — debuting on the NYSE at $21 a share …

Robinhood’s startup fund stumbles in NYSE debut

Robinhood’s startup fund stumbles in NYSE debut

Published by skeptic

Retail investors are famously locked out of the startup world. Robinhood is attempting to change that by allowing the general public to invest in a portfolio of what it calls “some of the most exciting private companies operating today.” To do this, the company that pioneered the commission-free brokerage model has secured access to eight startups—including Databricks, Stripe, Mercor, and Oura—grouping them into a vehicle called Robinhood Ventures Fund I. The fund, which also includes Ramp, Airwallex, Revolut, and Boom, set out last month with an ambitious $1 billion target, but demand for this novel way of investing in private companies was lower than expected. On Thursday, Robinhood announced the fund had raised $658.4 million — which could reach $705.7 million if underwriters exercise their full allotment. The shares, priced at $25 in the offering, began trading on Friday and closed the day at $21, a 16% decline. RVI’s reception on Wall Street stands in stark contrast to another attempt to give individual investors exposure to buzzy startups. When Destiny Tech100 — a publicly traded, …

Robinhood stock falls despite record Q4 earnings amid questions over prediction markets

Robinhood stock falls despite record Q4 earnings amid questions over prediction markets

Published by skeptic

Robinhood shares moved lower after the company released its fourth-quarter earnings, as investors weighed strong headline results against lingering questions about the firm’s growing emphasis on prediction markets and its plan to funnel those users into longer-term investment products. The company reported record fourth-quarter revenue of $1.28 billion, up 27% year over year, and full-year revenue of $4.5 billion, a 52% increase from 2024. Net income for the quarter came in at $605 million, or $0.66 per diluted share, while funded customers rose 7% year over year to 27 million. Despite those gains, the stock declined as attention shifted to Robinhood’s evolving business mix and longer-term strategy. On the earnings call, CEO Vlad Tenev pointed to prediction markets as the company’s fastest-growing product. “In Q4, prediction market volumes doubled, more than doubled yet again, with over 12 billion contracts traded in 2025, which is the first full year of prediction markets,” he said, adding that customers had already traded more than 4 billion contracts early in 2026. Tenev framed the opportunity in ambitious terms. “I …

Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts

Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts

Published by skeptic

Robinhood has launched a new custom sports betting offering called “Custom Combos,” which allows multiple selections to be added to a single fixed-odds contract. The terminology of the custom contract is a noticeable move away from the traditional term “parlay” as the predictions provider makes an effort to distance itself from the sports betting staple. Robinhood launches Custom Combos As we reported, Robinhood snapped up 90% of MIAX Derivatives Exchange to grow its prediction market offering and to include more diversity into sports contracts. This seems like the perfect dovetail into the new Custom Contracts, which allow multiple picks across a series of sporting events. The company posted the news to X, saying, “Stack your picks with Pro Football combos. Multi-leg contracts are here. Combine multiple predictions—winner, totals, and player performance into one custom contract.” Stack your picks with Pro Football combos. Multi-leg contracts are here. Combine multiple predictions—winner, totals, and player performance into one custom contract. https://t.co/ekr1S4I4jN pic.twitter.com/pVIbcvWA4z — Robinhood (@RobinhoodApp) January 16, 2026 The new feature will be coming to contracts in professional …