Stanford to Chicago to Raising $9 Million and Reinventing Millennial Investing - Brian Barnes / Founder of M1 Finance

 Stanford to Chicago to Raising $9 Million and Reinventing Millennial Investing - Brian Barnes / Founder of M1 Finance - Tech In Chicago
Sept. 1, 2017

About this episode   English    United States

Brian Barnes is the CEO and Founder of M1 Finance, a startup making an automated investment tool that lets users put their money to work in a balanced portfolio without the hassle of actually managing it.

Just a few years after graduating from Stanford, Brian raised $9 million and moved back to Chicago to build the platform. 

In This Episode You Will Learn:

  • The motivation behind Brian starting M1 Finance
  • How Brian went about launching a MVP in the heavily regulated finance industry
  • How Brian raised $9 million pre-launch 
  • The benefits of robo-advisors over all ETFs
  • What M1 Finance costs and how they plan to differentiate from other robo-advisors
  • How Brian got his first customers
  • What Brian has learned about life and business from his mom Brenda Barnes, Former CEO of Pepsi and Sara Lee?
  • What the most effective marketing channels have been
  • How M1 Finance's message has evolved over time
  • How to communicate a relatively complicated product to consumers quickly
  • The importance of design in fintech 
  • Why Brian moved back to Chicago after going to Stanford and whether he thinks it matters
  • Why Chicago has to improve our risk appetite

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In this podcast

Brian Barnes

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About this podcast
By Colin Keeley
Tech In Chicago takes you inside the Chicago tech world. Each week Colin Keeley is joined by Chicago’s top startup founders and venture capitalists to talk about the amazing companies being built right here. Visit TechInChicago.co for more information.
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