2026 Reports — Robinhood Ventures Fund II Common Shares of Beneficial Interest

In its first quarterly report (April–June 2026, before its August IPO), Robinhood Ventures Fund II held $19.6 million of SAFEs in 79 Y Combinator-linked startups, all still valued at cost; NAV per share fell 3.1% to $23.95 on share-issuance dilution, and its $219,183 gain came only from a cost reimbursement since reversed.