Bill Ackman's $1 Billion Question: Can Robinhood Actually Underwrite SpaceX Better Than Top-Tier Hedge Funds? - Robinhood Markets (NASDAQ:HOOD)

Robinhood Markets Inc. (NASDAQ:HOOD) is challenging the traditional venture capital guard with a new $1 billion closed-end fund designed to give everyday investors a seat at the table of private “frontier” giants like SpaceX and Stripe.The Billion-Dollar TestIn a recent sit-down with billionaire investor Bill Ackman, Robinhood CEO Vlad Tenev and Shivani Siroya, Robinhood's Head of Ventures, detailed their plan to disrupt the “greatest longstanding inequity in capital markets today.”The fund, known as Robinh ...