Talk about the rich getting richer. Alphabet, parent company of Google, has been one of the best-performing stocks of the year, up nearly 70%, and now has a market capitalization of $3.8 trillion.The company also happened to make what could turn out to be one of the most lucrative startup investments of all time, which could finally bear fruit next year. In 2015, Google invested around $900 million in SpaceX for a stake of around 7% in Elon Musk's space company, which was then valued at $12 billion.Now Sp ...

Investment Strategy - Great startup investors, founders, and researchers often prioritize making many small mistakes to achieve a few giant wins [1] - Many people seem to prefer a few big mistakes in exchange for a lot of small wins [1]

UK taxpayers have lost $547 million on a startup investment rescue fund launched by former Prime Minister Rishi Sunak during the pandemic after hundreds of the companies went bust https://t.co/KP44GWAtji ...

Group 1 - Robinhood has filed an application with the U.S. Securities and Exchange Commission to launch a new publicly traded fund called "Robinhood Ventures Fund I," aimed at providing retail investors access to shares of startups before they go public [1] - The application is currently public, but lacks detailed information such as the number of shares to be sold and the management fee [2] - The fund is expected to invest in sectors including aerospace and defense, AI, fintech, robotics, and software for consumers and enterprises [2] Group 2 - The initiative addresses the gap where retail investors are often excluded from the gains made by startup investors like venture capitalists [3] - Accredited investors have more options for investing in startups, while non-accredited retail investors have limited choices [4] - Previous efforts by Robinhood, such as the launch of private "tokenized" stocks in the EU, faced controversy due to misleading implications about ownership of shares [5] Group 3 - The new "Ventures Fund I" represents a more traditional mutual fund approach compared to Robinhood's earlier initiatives [6]