“We structured the fund so that we would be able to hold positions for the long term and so that we would see every decision like an IPO, as a new investing decision,” Sarah Pinto Peyronel, President of Robinhood Ventures, told Stocktwits in an exclusive interview when asked what would happen if Databricks, one of the private companies in the fund, were to go public.

“We can decide to hold, we can decide to buy it in IPO, but if we do decide to sell, for example, part of our position, we will absolutely distribute to our shareholders,” she said.

Could just be general damage control given all the folks down on the IPO, but also has some interesting potential if it actually happens.