RVI closed up more than 14% on Friday, ending the session at $39.13. The fund has gained more than 86% since its listing on March 6, surpassing the returns from major indexes, including the SPDR S&P 500 ETF (SPY), Invesco QQQ Trust (QQQ), and the SPDR Dow Jones Industrial Average ETF Trust (DIA).<\/p>\n
![\"koyfin_20260511_103715189.png\"](\"https:\/\/www.europesays.com\/ai\/wp-content\/uploads\/2026\/05\/koyfin_20260511_103715189_png_fd6a33b0a4.webp\")
<\/p>\n
\u201cThank you to the everyday investors claiming their seat at the table, and the frontier companies building alongside us. We\u2019re just getting started,\u201d Tenev added.<\/p>\n
Betting Big On Private Plays<\/p>\n
The fund has gained significant attention after announcing an investment of about $75 million in artificial intelligence company OpenAI on April 17, ahead of the company\u2019s planned massive public listing later this year.<\/p>\n
Earlier, in an exclusive interview with Stocktwits<\/a>, Sarah Pinto Peyronel, President of Robinhood Ventures, added that the fund is in talks with multiple \u201chighly valued\u201d private firms. \u201cThe AI labs, the space companies, the defense companies, the consumer companies that retail investors love \u2013 we’re talking to them all, we love them all, and we’d be honored to have them as part of RVI,\u201d Peyronel had said at the time, prior to the OpenAI announcement.<\/p>\n Robinhood Ventures Fund I has also invested $14.6 million in Stripe and nearly $20 million in ElevenLabs, according to a March announcement. The fund also has stakes in the data intelligence platform Databricks<\/a>, widely considered one of the strongest late-stage AI companies approaching the IPO window. The closed-end venture fund also has stakes in the fintech company Revolut, the AI startup Mercor, and the digital wallet Airwallex, among others.<\/p>\n Retail Stance On RVI<\/p>\n On Stocktwits, retail sentiment around RVI<\/a> has remained in the \u2018bullish\u2019 territory over the past 24 hours amid \u2018normal\u2019 message volumes.<\/p>\n One bullish user said, \u201cSince adding OpenAI over 2 weeks ago it is waking up.\u201d<\/p>\n Another user said, \u201cNice return since ipo.\u201d<\/p>\n For updates and corrections, email newsroom[at]stocktwits[dot]com.<\/p>\n
![\"Follow](\"https:\/\/chunks-prd.stocktwits-cdn.com\/_next\/static\/media\/google-news-icon.d9c2bfd1.svg\"\/){kind=icon}
<\/a><\/p>\n