Recode Decode: Sallie Krawcheck, CEO, Ellevest

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.3 • 3.2K Ratings

🗓️ 8 August 2016

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Sallie Krawcheck, formerly the CFO of Citi Group and the CEO of Merrill Lynch, talks with Recode's Kara Swisher about launching Ellevest, a new online investment platform for women. Krawcheck says the male-dominated world of finance overlooks the needs of female customers, and that women invest differently. She also discusses the 20-20 hindsight of the 2008 financial crisis, the danger of another downturn and why being an entrepreneur is "harder than running Merrill Lynch." Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Today's sponsor is Casper, an online retailer of premium mattresses for a fraction of the price.
0:05.0	Get $50 toward any mattress purchase by visiting Casper.com, slash recode, and using the promo code recode.
0:11.0	Terms and conditions apply.
0:13.0	We'd also like to thank Qualcomm for making today's show possible.
0:16.0	First, they connected the phone to the internet, now they're connecting the internet to everything else. Qualcomm.
0:20.0	They're the inventors bringing the future forward faster.
0:25.0	Recode Radio presents Recode Decode, hosted by Cara Swisher, powered by digital media.
0:32.0	Hi, I'm Cara Swisher, executive editor of Recode.
0:35.0	You may know me as a person secretly running Donald Trump's Twitter account.
0:39.0	Oh, you can try that again.
0:42.0	Keep it in, keep it in there, shall we?
0:44.0	You may know me as a person secretly running Donald Trump's Twitter account, but in my spare time I talk tech,
0:48.0	and you're listening to Recode Decode, a podcast about tech and media's key players, big ideas,
0:53.0	and how they're changing the world we live in.
0:55.0	You can subscribe to Recode Decode at iTunes.com slash Recode Decode, and while you're there, leave us a review.
1:01.0	Today in the red chair is Sally Crawcheck, the CEO and co-founder of Ella Vest, which offers investment solutions for women.
1:09.0	Ella Vest argues that women approach investing differently and that other firms cater only to men.
1:15.0	No surprise. Sally knows a lot about that, having previously worked at City and Merrill Lynch,
1:20.0	and since May 2013 has been chairman of Ella Vest, a professional network for women.
1:25.0	Sally, welcome to the show.
1:26.0	Thank you, Cara, thanks for having me.
1:28.0	Oh, I'm thrilled to have you here, actually.
	...

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