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by gavinray 80 days ago

  > At least they're throwing consumers a bone via the ARK deal.
I had to look this up. There's a venture fund you can invest in with as little as $500 as a consumer -- though it's limited to quarterly withdrawals.

https://www.ark-funds.com/funds/arkvx

The fund is invested in most of the hot tech companies.

2 comments

ARK was all the rage around early pandemic time when wallstreetbets was in the news a lot. Most people probably know it from then.
ARK funds has cult like following but then again they are a typical high beta player who outperforms in hot markets and heavily underperforms in cold ones. Fees are high. The CEO (CIO) is a women who looks for investment advice in the Bible and asks God for his thoughts (I am not joking).

If anything being associated with ARK in any form is a big negative signal.