Very cool: Robinhood is underwriting the Oura IPO. Robinhood’s IPO Access business previously just got shares from the banks underwriting an IPO and distributed them to retail. Now, Robinhood is actually part of the underwriting syndicate alongside (though far smaller than) Goldman, Morgan Stanley, JPMorgan, BofA, etc. Robinhood is helping sell the deal, taking underwriting risk (meaning they make a firm commitment to buy shares in the IPO), and will earn underwriting fees. It’s cool…