.@CathieDWood and @ShivVerma just sat down for a conversation about something both ARK and @RobinhoodApp care deeply about: opening private markets to investors who have historically been locked out. ARK runs the ARK Venture Fund, an actively managed closed-end interval fund. Robinhood just launched Robinhood Ventures Fund I (RVI), a publicly traded closed-end fund. Different mechanics. Same goal. Why does this matter? Many companies are staying private longer, yet the everyday investor has had almost no way in. We believe the wealth that used to be created in public markets is increasingly being created behind a door most people currently can't open. Both the ARK Venture Fund and RVI are designed to give everyday investors access today, while the rules catch up. Interval fund (ARK Venture Fund): always trades at Net Asset Value (NAV). Daily inflows. Quarterly outflows up to 5% of NAV. Closed-end fund (RVI): listed on New York Stock Exchange (NYSE). Daily liquidity. Can trade at premium or discount to NAV. Different trade-offs, both designed for the long-term investor. Watch the full conversation.