RVI
Robinhood Ventures Fund I
stock NYSE

Ouch, you must have bought in at a bad time. I’m trying to wait for another Iran war announcement to maybe buy in closer to NAV.
It’s all good though, these short-term price fluctuations have nothing to do with the actual NAV of the fund, we should just sit back and let Robinhood manage things, they’re certainly charging us for it.
Its interesting though, with these new products like RVI, RVII, and Robinhood Strategies, they're actually offering products that directly have the Robinhood brand name associated with their performance, they can't just have a laissez faire attitude and collect transaction fees or PFOF. If these products perform poorly, I really doubt people are going to be willing to participate in the future, especially seeing that these expense fees are pretty nutty.

It’s sorta early to say RVI has failed like everyone is saying, it barely been 6 months. The companies in RVI are private, so the NAV will only increase/decrease when there’s another funding round and a new NAV can be established.
Any other price fluctuation is from pure supply/demand hype, they basically tell us what fair value is gonna be directly on the chart.