Adam Nash is a long-time Silicon Valley executive, investor and advisor. He was the President and CEO of Wealthfront, a Product executive at Dropbox and LinkedIn, and teaches a course on personal finance for engineers at Stanford. He is currently the co-founder and CEO of Daffy, the donor-advised fund for you and a champion of charitable giving. In addition to his long and successful career he’s also a husband and the father of four kids! In our conversation today we discussed:
* How to raise financially literate kids
* How to think about the question of “am I financially ready for children” and is that the right question
* How to teach your kids about charitable giving and philanthropy
* The challenges of starting a company as a parent
* The concept of “super powers” at work and at home
* How to talk about money with your wife and kids
* How to do financial planning in your household
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Where to find Adam Nash
* Linkedin: https://www.linkedin.com/in/adamnash/
* X: https://x.com/adamnash
Where to find Adam Fishman
* FishmanAF Newsletter: www.FishmanAFNewsletter.com
* LinkedIn: https://www.linkedin.com/in/adamjfishman/
* Instagram: https://www.instagram.com/startupdadpod/
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In this episode, we cover:
[1:41] Welcome
[2:47] How did you develop your passion for finance?
[5:31] When are you financially ready for children?
[12:05] Was financial literacy part of childhood?
[14:55] Kids ages and background
[15:25] Decision to start a family
[18:26] Guardrails
[23:35] Conversation with partner about startup
[27:12] Concept of superpowers
[31:56] Advice to younger Adam
[35:49] Advice to ignore
[38:53] How do you build financially literate children?
[44:09] What is a DAF?
[51:18] Your family’s philanthropy & impact
[53:51] Financial review
[57:27] Financial apps
[58:48] Mistake as a dad
[1:03:57] Rapid fire
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Show references:
Daffy: https://www.daffy.org/
Wealthfront: https://www.wealthfront.com/
Dropbox: https://www.dropbox.com/home
LinkedIn: https://www.linkedin.com/feed/
Stanford: https://www.stanford.edu/
Quicken: https://www.quicken.com/
Steve Jobs: https://www.britannica.com/money/Steve-Jobs
DonorsChoose: https://www.donorschoose.org/
Greenlight: https://greenlight.com/
Monterey Bay Aquarium: https://www.montereybayaquarium.org/
Acorns: https://www.acorns.com/
Plenty: https://www.withplenty.com/
Apple watch: https://www.apple.com/watch/
Jewish Community Center: https://jcca.org/
Cars: https://www.imdb.com/title/tt0317219/
Animal House: https://www.imdb.com/title/tt0077975/
Back To School: https://www.imdb.com/title/tt0090685/
Real Genius: https://www.imdb.com/title/tt0089886/
Star Wars: https://www.starwars.com/films
Back To The Future: https://www.imdb.com/title/tt0088763/
Toyota Sienna: https://www.toyota.com/sienna/
Honda Odyssey: https://automobiles.honda.com/odyssey
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[email protected].
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Production support for Startup Dad is provided by Tommy Harron at http://www.armaziproductions.com/
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit startupdadpod.substack.com