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In this conversation, we chat with Andrei Cherny, Co-Founder & CEO of
Aspiration, a budding financial services platform for people who want to save the planet by neutralizing their carbon footprint. Their mission is massive, with ~5 million members making a difference in the fight against climate change.
Andrei combines a background as an advisor to some of America’s top companies, the co-founder and president of a media start-up, a financial fraud prosecutor, a historian, a White House aide, a Navy reserve officer, and a nationally-recognized economic policy expert. Andrei has provided strategic counsel to companies such as Intel, Qualcomm, and Bank of America. He has worked with Elizabeth Warren to help start the successful fight for the new Consumer Financial Protection Bureau. A former Clinton White House aide, he was the youngest White House speechwriter in American history.
More specifically, we touch on American public policy and politics, speechwriting for Al Gore, The amalgamation of political theory and public legislation and environmental policy and a lack of trust by consumers in financial institutions lead to the founding of Aspiration Bank, and so so much more!
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Sneak Peek:
Andrei Cherny:
…the central challenge that most people had in their financial lives was one, their interests were misaligned with that of their bank. Clearly, for most people the bank makes more money when they make less, when they're doing worse in their life, when there's more overdraft fees, when there's more late fees and so on, but also this misalignment of values. Going back to what we talked about of my life, that people thought about their money, again, not just from a standpoint of dollars and cents, but what is the meaning of it and what do they want do with it, and what kind of life do they want to live, and that if we could create something that's solved for both of those misalignments, of both interests and values, then you'd be really be able to unlock a very different kind of relationship with our customers and be able to create something that would not only do good for those people as individual, but would have a larger positive impact. And that was the conversation that have eventually ended up leading to Aspiration.
More? So much more!
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