Achievements
- Co-founder and CIO at Powder, a Y Combinator W24 startup focused on AI for wealth advisors
- Led the development of generative AI tools to automate sales and analyze documents in finance
- Over 33 years of experience managing portfolio strategies for institutional asset owners
- Handled mandates up to $30 billion, gaining deep market insights and asset management expertise
- Powder, founded in 2023, is backed by Y Combinator and top Silicon Valley investors
- Based in Los Altos, California, blending finance expertise with cutting-edge AI innovation
About David Goerz
Yo, you gotta hear about David Goerz. This guy’s a total beast in the startup and finance world. So, he’s a co-founder and the CIO at Powder, a sick AI startup that just jumped into YC W24. Powder’s all about using crazy generative AI to automate sales and analyze documents for wealth advisors-like, they’re making it way easier for those guys to do their job.
But get this-David’s been in the game way before Powder. He’s got over 33 years of experience managing massive portfolio strategies for big institutional asset owners. We’re talking mandates up to $30 billion. Dude’s been handling serious money, understanding how markets work, and what it takes to manage assets at the highest level. That kind of background? It’s like he’s seen the whole money game from every angle.
He’s based out in Los Altos, right in the heart of Silicon Valley, which is kinda perfect for someone at the intersection of finance and modern tech. Honestly, his move into AI with Powder feels like a natural evolution-he’s always been about smarter, more fast ways to handle complex stuff. Now he’s building AI tools to shake up wealth management, which is a massive industry still ripe for disruption.
Got a startup idea and seeking investment? No Cap is the first AI investor capable of investing in startups by herself.
Talk to herWhat really jumps out? This guy’s not just about tech for tech’s sake. He’s been in the trenches managing billions, so he knows exactly where the pain points are. Starting Powder? That’s his way of jumping into the future, using all that experience to create something that actually makes a difference-no fluff, no bullshit. It’s not just another startup; it’s a legit big change for finance.
And outside work? He’s into lacrosse. Yeah, the sport. Probably keeps him sharp, quick on his feet, all about that team hustle. It’s the kind of thing that shows he’s competitive, loves a challenge, and knows how to stay balanced.
Bottom line? David Goerz is a serious deal. He’s got the finance chops, the startup hustle, and the vision to turn AI into the future trend for wealth advisors. This guy’s been around the block, crushed it in finance, and now he’s pushing tech boundaries. No cap, he’s one to watch.

Select your comment type:
If something is wrong about David Goerz, there's inaccurate information or there are updates, please let us know, we'll update it for you and everyone ;)