The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Rachleff: 15% Of Wealthfront Referral Invites Become Funded Accounts
“Something on the order of 15%.”
Rachleff: Great startup ideas find founders, founders do not find them
“Serendipitously, which I think is the way that most great ideas come to pass. I think that great ideas find you. You don't find them.”
Rachleff: Manager evaluation ability separates top Ivy League endowments
“They all actually pursue a very, very similar methodology. At its core, they use modern portfolio theory to do asset allocation. What really separates them is their ability to evaluate managers.”
Rachleff: A startup's initial idea rarely succeeds without iterating through value hypotheses
“It's very, very rare for anyone's initial idea to succeed, and the process of iterating through a series of value hypotheses is very, very difficult, and it can be very depressing if the hypotheses prove false.”
Rachleff: Great board members enforce intellectual honesty rather than directing management
“A great board member is one who focuses on a 100,000 foot level because they can't possibly know the details of the business. And I think being an outsider, they can hold the mirror up to management to make sure they're being intellectually honest about their …”
Rachleff: Automated investing lacks network effects and won't be winner-take-all
“I don't think it's a winner take all business because it's not a network effect based business, but I think that there's an opportunity to build a really big business if you can really do a great job serving your clients.”
Rachleff: Benchmark's Bruce Dunleavy is radically more capable as a business person
“He has unbelievable judgment and is the best influencer I've ever met, and people just adore Bruce, and I try to learn from him as best as I can. He's two years older than I am, but he's radically more capable than I am as a business person, and I have benefit…”
Rachleff: Wealthfront Manages The First $10,000 For Free
“Well, actually we manage the first 10,000 on your behalf for free, and then we only charge a quarter of a percent on the amount we manage in excess of 10,000 dollars.”
Rachleff: Over 70% of Wealthfront clients have at least $10K invested
“I don't know that number offhand, but I would imagine it's in excess of 70%.”
Rachleff: Wealthfront's Largest Non-Affiliated Client Has $16 Million Invested
“Actually our largest while we're not targeting people of this size, our largest non-affiliated client has sixteen million with us.”
Rachleff: Exceptional CEOs continuously layer new growth businesses on legacy products
“I think a great CEO is someone who, over the long period of time, is able to continue to reinvent their business. Mark Leslie wrote a tremendous article about this that he published on the first round, excuse me, the first round review on the importance of rei…”