Cathie Wood's Ark Venture Fund has gathered close to $70 million in assets, allowing retail investors to invest in high-growth startups.
The fund has invested in hot Silicon Valley deals like Figure, xAI, and OpenAI, with Elon Musk's SpaceX being its largest holding.
Ark's approach to venture capital includes original research, relationships with potential customers, and a flexible structure that allows investors to enter and exit periodically.
Despite lagging behind the S&P 500, Ark Venture Fund aims to attract more investors and potentially grow into a billion-dollar fund.