FutureAdvisor Raises $5 Million to Help People Invest More Wisely

FutureAdvisor has raised $5 million in a first round to help provide financial advice using algorithms. In addition, the Seattle company said it is launching a new service that will analyize fees and provide recommendations to help people save money on their 401(k) plans. The company’s investors include Sequoia Capital, former PayPal exec and Square COO Keith Rabois and Yelp founder Jeremy Stoppelman.


Latest Video

View all videos »

Search »

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work