Jim Cramer on Robinhood Ventures Fund I: “Clearly, People Aren’t That Enthused About These Venture Capital-Backed Startups”

Let maine enactment it bluntly. When Robinhood was offering shares of RVI astatine $25 successful the IPO, investors were buying into the money astatine look value. In different words, they were buying this excavation of investments successful backstage companies astatine the terms that Robinhood was saying they were worth. And to start, determination was acold little request for these assets astatine that terms than Robinhood expected determination to be. Only one-third of the request that they were expecting materialized. But then, with these closed-end funds, erstwhile they’re released into the wild, we tin easy spot the quality betwixt what the manager of the money thinks immoderate radical of assets are worthy and what the marketplace thinks what they’re worth…

A banal marketplace chart. Photo by Arturo A connected Pexels

Robinhood Ventures Fund I (NYSE:RVI) is simply a task superior money that provides maturation superior done nonstop investments.

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