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Not Your Ordinary VC: Karl Ulrich talks with Andy Rachleff, W'80, Founder of Benchmark & Wealthfront
Andy Rachleff, W'80 isn’t your ordinary VC.
After founding Benchmark, which has among the highest returns in the entire venture industry, he retired. Then he came out of retirement to found Wealthfront, which is bringing all the services of a high end financial advisors to people who could never afford the minimums—all on your mobile phone.
Why did he come out of retirement to start a financial services company?
“This is going to sound cory, but to do a social good.”
Listen to Andy and Karl Ulrich have an incredible conversation about how both Benchmark and Wealthfront came to be, plus get Andy’s best advice to his product-market fit class at Stanford.
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By Penn Wharton Entrepreneurship
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Andy Rachleff, W'80 isn’t your ordinary VC.
After founding Benchmark, which has among the highest returns in the entire venture industry, he retired. Then he came out of retirement to found Wealthfront, which is bringing all the services of a high end financial advisors to people who could never afford the minimums—all on your mobile phone.
Why did he come out of retirement to start a financial services company?
“This is going to sound cory, but to do a social good.”
Listen to Andy and Karl Ulrich have an incredible conversation about how both Benchmark and Wealthfront came to be, plus get Andy’s best advice to his product-market fit class at Stanford.