In this bonus episode, Mike and Simmy sit down with Noah Kerner, CEO of Acorns, the $2B investing platform best known for helping people round up their purchases and invest the spare change in the stock market. To date, Acorns has 10M+ users who've invested $15B+. Noah's had a monster career stock full of insights for young founders. He started as a teenage DJ in NYC before building and selling a marketing agency (Noise) that developed the first student credit card, Facebook app, and Amazon white-label store. He joined Acorns in 2014 to help co-founder Jeff Cruttenden scale it into a financial powerhouse and continues to serve as CEO. He also co-founded Say Technologies, a shareholder communicaiton platform acquired by Robinhood for $140M.
0:00 Introduction of Noah Kerner
01:38 DJ for J-Lo as a teenager
02:26 Thesis behind Noah's marketing agency
07:30 How Noah sold his first company
10:20 Noah's life-changing mentor
13:03 Story of Acorns
15:04 CEO and Exit #2
18:14 When do product extensions make sense?
19:47 How Acorns makes money
25:04 Marketing strategy: youth financial literacy
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Our Future Podcast is a production of Morning Brew.
