The founders of Accrue, a dollar-cost averaging app, faced significant challenges when a bear market led to a drop in user engagement and revenue. After multiple pivots, including a shift from investing to saving, they discovered a valuable feature for cross-border payments that ultimately transformed their business and restored growth.

Generative AI may not create the wealth opportunities seen in past technological revolutions, as its benefits are likely to be captured by consumers rather than investors. Companies that leverage AI to reduce costs and enhance productivity in sectors like healthcare and education will thrive, while investors should focus on these downstream opportunities instead of chasing early-stage hype.

The article features an interview with Vlad Tenev, co-founder of Robinhood, discussing his journey in the fintech industry, the challenges of building a trading platform, and his vision for the future of investing. Tenev emphasizes the importance of democratizing finance and making investing accessible to everyone. He also shares insights into the company's growth and the innovations that have shaped Robinhood's offerings.