Articles tagged "Aspiration"
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Joe Sanberg founded Aspiration robo-advisor by trading on his entreprenurial background and ties to blue-blood New York along with a co-founder's rags-to-riches story to swindle $248 million from high-profile investors -- now he's headed to jail
Sanberg’s too-good-to-be-true 'Aspiration' scam lured top hedge funds and angel investors like eBay head Jeff Skoll, and Addepar's Joe Lonsdale, even as RIA experts questioned business model.
August 22, 2025 at 2:51 AM
Aspiration's jump to $11 million of AUM attracts $15.5 million of VC capital from investors who include Addepar's founder
Other head-scratchers from the LA-based robo include its sweet 1% checking account and its tithing of assets
November 30, 2015 at 11:49 PM
New robo-advisor, Aspiration, gets ex-eBay head as backer and 40,000 on 'waiting list'
The pay-what-fees-you-want format and $100,000 maximum investment stand out along with its impact investing angle
