Investing Startups Work on Attracting More Investors
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 13 December 2022
⏱️ 5 minutes
🧾️ Download transcript
Summary
Today is Tuesday, December 13 and we're looking at Acorns vs. Robinhood.
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Transcript
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| 0:00.0 | Wonderly Plus subscribers can listen to Business Wars daily ad-free right now. |
| 0:04.8 | Join Wonderly Plus in the Wondery app or on Apple Podcasts. |
| 0:08.5 | If you or someone you care about has cancer, |
| 0:11.5 | Macmillan Cancer Support's online community is here to help from day one. |
| 0:16.1 | Macmillan's free online forum provides a safe space to get support from both experts and others who've been |
| 0:22.0 | there. Members support each other anonymously, sharing what's helped them on a range of subjects, |
| 0:27.5 | from dealing with side effects such as hair loss and fatigue, to money worries and managing work, |
| 0:32.9 | or talking with children about a diagnosis. There are different forums on cancer types or experiences, |
| 0:39.0 | opportunities to ask an expert, and blog posts. |
| 0:42.0 | Find support 24-7 from people who get what it's like to have cancer. |
| 0:46.7 | To join, search McMillan online community. |
| 0:49.2 | Thank you. From Wondry, I'm David Brown, and this is Business Wars Daily on this Tuesday, December 13th. |
| 1:08.6 | Inflation has been a big story throughout this year, and it certainly has done a number |
| 1:12.2 | on Americans who are saving for a rainy day. |
| 1:14.9 | One in four Americans is investing less and devoting that money to paying for everyday expenses, |
| 1:20.5 | according to a Wells Fargo survey, and more than half of Americans are behind on retirement |
| 1:25.4 | savings. |
| 1:26.4 | Most, quote, significantly so, according to a |
| 1:29.3 | survey by bank rate. Now, investing platforms are trying to get Americans to invest more for the future. |
| 1:35.6 | One investment app called Acorns lets you begin investing by rounding up your purchases and directing |
| 1:40.8 | that money to your choice of mutual funds. And the company's hoping a little celebrity power will encourage you to sign up. |
| 1:48.3 | Acorns has hired former U.S. women's national soccer team Captain Carly Lloyd is a spokesperson |
... |
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