Hobson: The Ariel Fund grew from $500,000 in seed capital to $2.5B
Mellody Hobson · a16z Podcast | Mellody Hobson and Ben Horowitz Talk Investing, Career, and Star Wars! · Jan 2, 2019 · at 11:35
Mellody Hobson, President of Ariel Investments, describes the origins of the Ariel Fund created by founder John Rogers.
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“He started the Arial Fund, which is now a 2.5 billion dollar publicly traded mutual fund, and that, that was to get 500,000 dollars together to have a track record.”
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