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by roger_lee 4004 days ago
That's a good question, and we want to make it clear that we don't touch any of the employee's money -- all investments are held in an SIPC-insured secure trust account by one of the nation's largest third party custodians that deals with billions of dollars. And no matter what happens to us as a company, our customers will be able to continue to use the 401k plans we've set up for them.

That said, we do think youth has its advantages, esp. in a stodgy industry like finance -- some of most exciting fintech companies were started by young founders (ex. Stripe, Betterment, etc.).

The last startup I co-founded, I was at for 7 years. I plan to be at this one for 10+.

2 comments

I would make that more clear on the site. If there's anything I don't want my 401k to be "exciting".
So you are both the record keeper and RIA on the plans? Or do you use a third party record keeper?
We use a third party recordkeeper.
Can I possible ask what recordkeeper? I've been looking for one with good API access.

Thanks.