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12min chapter
E1002: Wealthfront CEO & Co-founder Andy Rachleff on hitting escape velocity at Wealthfront, pioneering “self-driving money” for consumers, shares insights on product-building in 1980’s vs. today, best investor attributes, & the future of NextGen banking
This Week in Startups
Disruption Theory, Innovator's Dilemma, and Automated Financial Services
The chapter explores disruption theory, emphasizing the need for companies to simplify and cut costs to stay competitive. It discusses the innovator's dilemma where companies struggle to adapt to disruptive technologies, using examples like eBay and Google ads. Additionally, the chapter delves into the progress of automating bill payments, managing funds, and the upcoming features of a financial product focusing on direct deposit, auto bill pay, and debit cards.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode