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Betterment CEO hangs it up
Old 12-09-2020, 02:49 PM   #1
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Betterment CEO hangs it up

Pretty impressive from $0 to $25B in ten years.
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Betterment made its debut at TechCrunch Disrupt conference in 2010. With its launch, Stein helped shape a new sector of the wealth management industry aimed at giving more retail clients access to the markets by making investing easier to understand and more affordable.

Clients pay 0.25% per year for Betterment’s robo product, according to the company. Phone access to CFPs cost 0.40% per year.
https://www.financial-planning.com/n...=1607457734780
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Old 12-09-2020, 03:51 PM   #2
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After 10 years:

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The company is still not profitable, a spokesman told the Journal.
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Old 12-10-2020, 08:17 AM   #3
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After 10 years:


Hmmm... I would think if there is no profit in 10 years, that is what is known as a business fail!!!
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Old 12-11-2020, 08:24 AM   #4
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But there WAS profit for the CEO.
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Hmmm... I would think if there is no profit in 10 years, that is what is known as a business fail!!!
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Old 12-11-2020, 10:14 AM   #5
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Originally Posted by armor99 View Post
Hmmm... I would think if there is no profit in 10 years, that is what is known as a business fail!!!
You would think so, Tesla, Amazon and a few others might not...being an entrepreneur isn't for the faint of heart (or poorly capitalized).
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