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Andy Rachleff on SVB, how to evaluate VCs, market pull indicators, Wealthfront, and more | E1699

This Week in Startups

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I'm No Economist, but I Think Everything Is Micro

The cost of things should be going down in almost all cases because of efficiency and like the cost of a developer, they should be three times faster than they were 10 years ago. We don't look for people in finance because they usually think wrong. They try to take advantage of people versus going down into the people. The mission statement is literally to build a financial system that individuals not institutions benefit from. Go to Wealthfront.com. Rears: It's a mission and to help people grow their wealth.

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