.@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.
When I became a citizen of the United States in 2014, on the basis of political asylum from the Gaza Strip and escaping Jihadi Islamism, I sincerely and seriously never thought that pro-Jihad, pro-Hamas, pro-terror, fascist, pro-Iran, pro-Hezbollah, anti-civilizational dark forces would become a mainstream staple in American politics and discourse. Having a group of ignorant domestic terrorists with Hamas and Palestinian flags, hiding their faces and taking over public space outside the City Hall of Philadelphia, the birthplace of America, is not only a grotesque sight, but it also demonstrates so much that has gone wrong.
It is a condemnation of our country's higher education institutes, which have normalized violence, anti-Western ideologies, and embarrassing “post-colonial” narratives. This is a condemnation of a failed revisionist, neo-liberal immigration approach in which assimilation is frowned upon and viewed as bad and negative, coddling people with truly horrendous beliefs, ideologies, cultures, and backgrounds, instead of seeking to uplift and elevate them and their status. This is a condemnation of failed parenting, nonexistent community infrastructure to educate young people, failed leftist discourses, and moral bankruptcy.
Remember that this has nothing to do with Palestine, for these “activists” ruined the “pro-Palestine” cause and are now seeking to latch on to any and every remaining filth that can vector their anti-human, anti-America, anti-Western, and anti-decent discourse and value system that can produce anything of meaning. Burning the American flag, while exercising your right to free speech, is the ultimate irony that only the United States of America affords to literal domestic terrorists, who are engaged in a subversive act against the very country and patriotic values that they seek to “dismantle.”
Still, freedom of choice does not equal freedom from consequences. This cannot be normalized, as it unfortunately has been over the past two and a half years since Hamas’s October 7th attack. This is a domestic battle for our country’s values and future – it’s time to choose the direction you want this country to head in.
“I want to thank our troops for allowing us to play this game.”
This means more than most folks realize.
Perspective. Appreciation. Patriotism. That’s all our troops ask for. Means everything.
Thank you @usahockey 🇺🇸
@Gorgamatic21@TheAthleticNHL In hockey we always used to say, “any given day you can beat any team no matter how big of an underdog you are. It’s why we play the game.” Canada might have been the better team but USA won the gold. Today they were the better team. Go USA!!!
@Mappy6984 Is this Wisconsin? I didn’t know lakes froze thick enough down there to drive a truck on. This reminds me more of Lake of the Woods or Devils Lake in North Dakota
@RussoHockey I don’t get why we’re celebrating this as our 25th anniversary? Unless I’m counting wrong this is the start of our 26th season and this will be our 26th home opener. The very first Wild game was played on 10/6/2000.
@Gorgamatic21@mnwild Why is Gus practicing stopping pucks? He knows how to do that. We need him practicing settling the puck and shooting it on open nets. I should coach the Wild
@AnthonyLaPanta@RussoHockey@mnwild Is there any online stream of the games? Or a way to listen to it on the radio? I was going to bring my kids but our 2 youngest have Hand-Foot and Mouth so we can’t go 😢
Meet Piotr Szczerek, the hero who snatched a hat from a kid on live TV at the US Open.
He’s a millionaire CEO of a private company, and now he’s bravely threatening to sue anyone who dares to call him a “greedy POS” or anything equally hurtful.
So whatever you do, definitely don’t share this post. Just quietly warn your close friends not to call him mean names. Wouldn’t want to hurt his millionaire feelings.