"Our goal here is to provide the best venture portfolio in the world to everyone in the world, not just to the rich and the famous," said Brett Winton, highlighting Ark Venture Fund's unique approach to democratizing access to venture capital.
Despite the fund's rapid growth, with net assets climbing to $69 million, it still pales in comparison to the S&P 500, raising concerns about its performance and returns for investors.
Wood's firm has invested in high-profile startups backed by notable figures like Jeff Bezos and Elon Musk, yet questions arise about why large startups still seek Ark out for funding rounds.
Ark Venture Fund's significant holding in SpaceX, representing 13% of its total assets, illustrates its strategic positioning in high-growth sectors, but raises queries about its long-term returns."
Collection
[
|
...
]