NGPF Podcast

Tim Talks To: Arun Rao, CEO and Co-Founder of Starbutter


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Comments:

Details:

  • 0:00~1:29 Introduction
  • 1:29~3:49 Arun’s background
  • 3:49~4:40 Life as a 6th-grade teacher
  • 4:40~8:05 Bringing money into the classroom
  • 8:05~9:30 Transition to bond trading
  • 9:30~12:17 Habits picked up from mentors
  • 12:17~14:56 The complexities of the bond market
  • 14:56~18:33 Arun’s entrepreneurial journey
  • 18:33~20:16 Using AI to optimize financial needs
  • 20:16~20:43 A word from NGPF
  • 20:43~25:34 Virtual assistants and what they can do
  • 25:34~27:58 Robo-investors and 401(k)s
  • 27:58~30:06 History of AI in finance
  • 30:06~32:26 Establishing trust as a startup
  • 32:26~34:40 What consumers can do with starbutter today
  • 34:40~36:04 Time it takes to find a credit card
  • 36:04~40:55 The future of starbutter and finance
  • 40:55~42:30 Conclusion

Resources mentioned:

  • starbutter
  • Bank of America - Erica

Quotes:

  • “I love virtual assistants because it can do 60, 70, 80 percent of the work humans do at the highest level, like the best human that does it, and we can just have one virtual assistant assisting millions of people.”
  • “What we found with virtual assistants is that when you buy a product it's justifying with data why they made the suggestion.”
  • “[For a consumer to find a credit card] it takes anywhere from 20 to 40 minutes but our agent can get really good recommendations under 5 minutes, often under 2 minutes.”

 

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NGPF PodcastBy Next Gen Personal Finance

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