ARK CEO and CIO Cathie Wood, Chief Futurist Brett Winton, and Venture Fund Leads William Summerlin and Max Friedrich present ARK’s rationale for entering the venture capital space, discuss our venture portfolio and answer the most frequently asked questions we receive. Please note: this video was recorded on December 22, 2022.
Video Timestamps:
0:15 ARK CEO and CIO Cathie Wood’s Opening Remarks
1:13 What is Venture Capital?
3:11 Why is it important for all investors, including retail, to be able to access investments in private companies?
5:41 Why does the ARK Venture Fund invest in both public and private markets?
7:50 What makes the ARK Venture Fund different from its competitors?
10:48 Why did the team make an investment in Twitter and what is your relationship with Elon Musk?
13:11 What is the rationale behind the minimum investment of $500?
15:43 Why did ARK enter the venture space?
17:36 What do you tell investors who are worried about your venture track record?
19:33 What do you tell investors who are worried about your recent track record in the public markets?
21:42 Why should retail investors feel confident investing in venture capital?
23:32 What is your 2023 outlook?
29:36 What is the rationale behind the ARK Venture Fund management fee?
31:08 What is your investment process for the ARK Venture Fund?
37:02 Freenome Investment Thesis
39:46 Epic Games Investment Thesis
41:28 Chipper Cash Investment Thesis
44:25 MosaicML Investment Thesis
46:40 Flexport Investment Thesis
49:17 Discord Investment Thesis
51:15 Cathie Wood’s Closing Remarks