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Episode 2670  |  27:11 min

From Legendary Investor to Entrepreneur with Andy Rachleff

Episode 2670  |  27:11 min  |  06.12.2021

From Legendary Investor to Entrepreneur with Andy Rachleff

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This is a podcast episode titled, From Legendary Investor to Entrepreneur with Andy Rachleff. The summary for this episode is: <p>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.</p> <p><strong>Top 3 Value Bombs:</strong></p> <p>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.</p> <p>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.</p> <p>3. Don’t focus on the percentage of times that you’re right. Focus on the magnitude of when you are.</p> <p>Get data-driven, actionable finance advise - <a href= "https://blog.wealthfront.com/author/andy/" target="_blank" rel= "noopener">Wealthfront</a></p> <p><strong>Sponsors:</strong></p> <p><a href="http://Klaviyo.com/fire" target="_blank" rel= "noopener"><strong>Klaviyo</strong></a>: Customers want more from brands. Delivering more means owning the customer experience. Klaviyo calls this “owned marketing” and they believe it’s the best path to growth. For more, visit <a href="http://Klaviyo.com/fire" target="_blank" rel= "noopener"><strong>Klaviyo.com/fire</strong></a>!</p> <p><a href="http://LaunchMyBiz.com" target="_blank" rel= "noopener"><strong>LaunchMyBiz</strong></a>: With complete end- to- end training & support LaunchMyBiz guarantees your success and revenue! Apply today at <a href="http://LaunchMyBiz.com" target= "_blank" rel="noopener"><strong>LaunchMyBiz.com</strong></a>!</p>

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.

Get data-driven, actionable finance advise - Wealthfront

Sponsors:

Klaviyo: Customers want more from brands. Delivering more means owning the customer experience. Klaviyo calls this “owned marketing” and they believe it’s the best path to growth. For more, visit Klaviyo.com/fire!

LaunchMyBiz: With complete end- to- end training & support LaunchMyBiz guarantees your success and revenue! Apply today at LaunchMyBiz.com!

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