From Legendary Investor to Entrepreneur with Andy Rachleff
Andy is Wealthfront's co-founder and CEO. He serves as chairman of the UPenn endowment investment committee and teaches technology entrepreneurship at Stanford GSB. Previously Andy co-founded and was general partner of Benchmark Capital.
Top 3 Value Bombs:
1. Not every business is meant to be mission-driven. If you build a commodity product, it’s hard to be mission-driven. You have to have an element of changing the world to be mission-driven.
2. You don’t find the idea. They find you from your authenticity to the opportunity because you will recognize that inflection point well before someone else might.
3. Don’t focus on the percentage of times that you’re right. Focus on the magnitude of when you are.
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