"I think we should get ready basically for bigger waves in the markets...we're living in a more turbulent world, where these massive global disruptive events will come at us in waves faster than they've come at us over the last few decades." - Eli Broverman
Takeaways
- Broverman is cautious about NFTs and believes that the market is still nascent and speculative.
- Investors should think long-term in public markets and to focus on backing high-quality teams in private markets.
- He sees opportunities in FinTech, particularly in areas such as tax management and ESG investing.
- He suggests renewable energy as an investment opportunity to watch, as the world moves towards clean energy sources.
- He feels that the current tax infrastructure is broken and in need of reform.
Bio
Eli is the Co-Founder of Betterment, a robo-advisor managing over $30 billion of investments. After leaving a career in corporate law in 2007, he served as the company’s co-founding COO and President for 10 years to build the largest independent robo-advisor in the U.S. As a board member, Eli continues to steward Betterment’s growth while advising groundbreaking companies such as Masterworks and fueling the growth of early-stage FinTech startups including Rally and Sweater Ventures as an investor. In 2020, he co-founded Treasury, a founder-led, founder-first VC alongside Acorns founder, Jeff Cruttenden.
