AI’s biggest names are staying private longer, locking one of the greatest wealth-creation windows into a few hands. To change that, Robinhood’sHOOD

publicly-traded venture fund just grabbed a $75M stake in OpenAI. The move gives everyday investors a shot at exposure before what could be a trillion-dollar IPO — assuming it’s not already too late.

• The partnership follows last year’s feud when Robinhood rolled out “tokenized” shares — but this time, it marks one of the fund’s largest bets to date as OpenAI targets a late-2026 IPO.
• Amid a soft IPO market, Robinhood Ventures Fund IRVI
  also holds Stripe, Revolut, and Oura — giving retail investors a basket of late-stage private names.

The access trap: While the backdoor’s open, the view isn’t pretty. The AI firm carries $14B in projected 2026 losses, a 65x price-to-sales ratio (vs. a 5-10x SaaS average), and HSBC’s estimate of a $207B funding shortfall through 2030. Profitability isn’t expected until then either, meaningRVI

shareholders are buying into years of red ink at near-trillion-dollar valuations. So while you can finally access the AI boom, one must consider whether you’re really getting in early, or just holding the bag while VCs cash out.