20VC: Wealthfront's Adam Nash on What Makes Great CEO's & Why Humans Suck At Investing
Adam Nash is the President and CEO of Wealthfront, where he is on a mission to put the client first and change the bad practices of the financial services industry. Adam joined Wealthfront from Greylock Partners, where he was an Executive-in-Residence. Prior to Greylock, he was VP of Product Management at LinkedIn, where he built the teams responsible for core product, user experience, platform and mobile. Adam also held a number of roles at Ebay, Atlas Venture Preview Systems and Apple. In Today's Episode You Will Learn: 1.) How Adam came to be President and CEO @ Wealthfront? 2.) What makes a great product person and how does that compare to Adam's role now as CEO and the skills required to be a great CEO? 3.) Is it fair to suggest that PMs are the CEO of a mini product? How transferrable are the skills of product managers to the skills required of CEOs? 4.) How was the transition for Andy in making the move from PM to COO to CEO? What were the biggest challenges and surprises? 5.) Why does Andy believe that building software through hierarchy does not work? How can leaders empower their team with a sense of ownership? 6.) Why do humans suck at investing? Will we see the domination of full scale financial robo advisors in the next 10 years? Items Mentioned In Today's Show: Adam's Fave Book: Foundation by Isaac Asimov Adam's Fave Blog and Newsletter: Nuzzel As always you can follow The Twenty Minute VC, Harry and Adam on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Snapchat here! Eve make 1 perfect mattress – made with 3 layer technology and next generation memory foam. It comes packaged in a beautiful box and arrives the day after you order. You get 100 nights to try it with free return pick-up – it really is the perfect mattress for everyone. Just go online to evemattress.co.uk and enter the code 20VC for £50 off. Everybody deserves the perfect start with Eve.