Archive: robo advisory startups


Robo Advisory Startups Are Coming for Crowdfunders

By Andy Gordon on February 3, 2022

The buyout that caught my attention this week involved fintech wealth management firm Wealthfront. UBS — the largest private bank globally — bought it for $1.4 billion.  The acquisition got plenty of press. Several articles focused on the low buyout price. For venture capital (VC) firms in particular, $1 billion just doesn’t do it anymore. VC funds have grown very large and expensive. These days, they need multibillion-dollar liquidity events to make…