Andy Rachleff

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Andy Rachleff
Alma mater
Occupations
Known for
Board member of
SpouseDebra Rachleff

Andy Rachleff is a co-founder and Executive Chairman of Wealthfront. [1] [2] [3] He had previously been the executive chairman of the company after stepping down as the CEO, but then returned to the CEO role on October 31, 2016. [3] [1] [4] [5] [6] Rachleff co-founded Benchmark Capital in 1995 and was a general partner until 2004. [1] [5] Prior to Benchmark, Rachleff was a general partner with Merrill, Pickard, Anderson & Eyre. [1]

Career

Rachleff co-founded Benchmark Capital, a venture capital firm, in 1995. [7] The firm invested in companies including eBay, OpenTable, Snapchat, Twitter and Uber. [6] Rachleff led investments in Blue Coat Systems, Equinix and Juniper Networks. [8]

In 2000, Rachleff joined the University of Pennsylvania Board of Advisors for the school of engineering. [7] He retired from Benchmark Capital in late 2004 and began teaching technology entrepreneurship courses at Stanford Graduate School of Business in January 2005. [1] [9] In 2005, he also joined the University of Pennsylvania board of trustees where he is the Chairman of the university's endowment investment committee and a member of the executive committee. [10]

Rachleff and his wife, Debra, partnered with the Damon Runyon Cancer Research Foundation in 2007 to fund novel cancer research projects that did not receive funding from the National Institutes of Health. [8]

In 2008, Rachleff co-founded Wealthfront (formerly known as kaChing). [11] In December 2011, the company launched its automated investment service. [11] Rachleff was the CEO and president until Adam Nash succeeded him on January 1, 2014. He returned to the CEO role on October 31, 2016 [3] and is CEO and chairman of the company. [9] [12]

Rachleff teaches courses on technology entrepreneurship at Stanford Graduate School of Business. [1] [2] [6] [13] He is a trustee of the University of Pennsylvania, chairman of the board of overseers for its School of Engineering and Applied Science and vice chairman of its endowment investment committee. [1] [5] He is also a board member of the Damon Runyon Cancer Research Foundation. [1]

Rachleff has a BS from the University of Pennsylvania and a MBA from Stanford University. [1] [6]

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References

  1. 1 2 3 4 5 6 7 8 9 "Andrew S. Rachleff". Stanford Graduate School of Business. Retrieved 2014-08-23.
  2. 1 2 Marcus Wohlsen (2012-10-03). "You're Young and Rich, Now What? 10 Questions With Wealthfront CEO Andy Rachleff" . Retrieved 2014-08-23.
  3. 1 2 3 "Exclusive: Wealthfront's Founder Reclaims CEO Role as Current Chief Steps Down". Fortune. 2016-10-31. Retrieved 2016-11-11.
  4. ↑ Liz Gannes (2014-01-13). "Wealthfront Leaps Out in Online Financial Advising" . Retrieved 2014-08-23.
  5. 1 2 3 "Why Angel Investors Don't Make Money … And Advice For People Who Are Going To Become Angels Anyway". 2012-09-30. Retrieved 2014-08-23.
  6. 1 2 3 4 "Episode: 335: Andy Rachleff, CEO of Wealthfront -TWiST #E335" . Retrieved 2014-08-23.
  7. 1 2 Amy Biemiller. "Andy Rachleff: A Passion for Technology". Penn Engineering.
  8. 1 2 Bernadette Tansey (2008-01-15). "Silicon Valley venture capitalist backs offbeat cancer cure ideas" . Retrieved 2014-08-23.
  9. 1 2 Brooke Southall (2014-01-30). "Andy Rachleff is out as CEO of Wealthfront as former LinkedIn star takes his place" . Retrieved 2014-08-23.
  10. ↑ "The Trustees" . Retrieved 2014-08-23.
  11. 1 2 Leena Rao (December 1, 2011). "Wealthfront Debuts Customized, Intelligent Online Investment Advisor For The Tech Community" . Retrieved 2014-08-23.
  12. ↑ Erika Brown Ekiel (2013-06-25). "Andy Rachleff: Democratizing the Investment Business" . Retrieved 2014-08-23.
  13. ↑ "Andy Rachleff: With Facebook, Valley unearths lost art of IPO". February 6, 2012. Retrieved 2014-08-23.
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