Andrew S. Rachleff

Andrew S. Rachleff
Contact Info

Teaching Statement

Andy Rachleff has taught a wide range of information technology focussed entrepreneurship courses at Stanford GSB since he joined the faculty in 2005. Currently, he teaches a seminar style course called Product Market Fit which explores the importance of product market fit to the success of a technology startup.


From 1995 until 2004 Andy was a co-founder and General Partner of Benchmark Capital. Upon his retirement from Benchmark, Andy joined the faculty of the Stanford Graduate School of Business to teach a variety of courses on entrepreneurship. In 2008 he co-founded Wealthfront Inc. where he now serves as Chairman and CEO. Prior to his 10 years at Benchmark Capital, Andy spent 10 years with Merrill, Pickard, Anderson & Eyre (MPAE).

In addition to his teaching responsibilities at Stanford, Andy serves as trustee of the University of Pennsylvania and Chairman of its endowment investment committee. He sits on the board of the Damon Runyon Cancer Research Foundation with whom he and his wife partnered on an award that provides funding for early career investigators who conduct high risk/high reward research that can significantly impact the prevention, diagnosis and treatment of cancer.

Academic Degrees

  • MBA, Stanford University, 1984
  • BS, University of Pennsylvania, 1980

Academic Appointments

  • At Stanford since 2005

Professional Experience

  • Chairman & CEO, Wealthfront Inc., 2016 - present
  • Executive Chairman, Wealthfront Inc., 2014 - 2016
  • President & CEO, Wealthfront Inc, 2008 - 2013
  • General Partner, Benchmark Capital, 1995-2005
  • General Partner, Merrill, Pickard, Anderson & Eyre, 1986-1995
  • Associate, Harvest Ventures, 1984-1986
  • Associate, Lamoreaux, Glynn & Associates, 1983-1984
  • Financial Analyst, Blyth Eastman Paine Webber, 1980-1982

Awards and Honors

  • MBA Class of 1973 Lecturer for 2007-2008


Degree Courses


The premise of this course is the success of a startup (and even a large company launching a new product) is most dependent on finding a market that is desperate for its product. Focusing on product/market fit conflicts with the conventional view...

Other Teaching

Stanford University Affiliations

Stanford GSB

  • Center for Entrepreneurial Studies

Service to the Profession

  • National Basketball Players Association Program
  • Young President’s Organization

Insights by Stanford Business

June 25, 2013
A former venture capitalist, entrepreneur, and Stanford GSB lecturer explains how to build a great company.