Betterment: Jon Stein
October 29, 2018 01:01
00:00 / 56:38
When Jon Stein realized he couldn't stand the sight of blood, he gave up the
idea of becoming a doctor. Instead, he went into finance, but soon grew
restless with "helping banks make more money." So he decided to build a
business where he could help everyday investors make more money: an online
service that would use a combination of algorithms and human advisers. Jon
launched Betterment at a precarious time — shortly after the financial crash
of 2008. But today, the company has roughly 13 billion dollars under
management. PLUS in our postscript "How You Built That," how Gerry Stellenberg
combined his knack for technology and his love for pinball to create the P3: a
pinball machine that allows a real-life ball to interact with virtual objects. Read more
idea of becoming a doctor. Instead, he went into finance, but soon grew
restless with "helping banks make more money." So he decided to build a
business where he could help everyday investors make more money: an online
service that would use a combination of algorithms and human advisers. Jon
launched Betterment at a precarious time — shortly after the financial crash
of 2008. But today, the company has roughly 13 billion dollars under
management. PLUS in our postscript "How You Built That," how Gerry Stellenberg
combined his knack for technology and his love for pinball to create the P3: a
pinball machine that allows a real-life ball to interact with virtual objects. Read more
When Jon Stein realized he couldn't stand the sight of blood, he gave up the
idea of becoming a doctor. Instead, he went into finance, but soon grew
restless with "helping banks make more money." So he decided to build a
business where he could help everyday investors make more money: an online
service that would use a combination of algorithms and human advisers. Jon
launched Betterment at a precarious time — shortly after the financial crash
of 2008. But today, the company has roughly 13 billion dollars under
management. PLUS in our postscript "How You Built That," how Gerry Stellenberg
combined his knack for technology and his love for pinball to create the P3: a
pinball machine that allows a real-life ball to interact with virtual objects.
idea of becoming a doctor. Instead, he went into finance, but soon grew
restless with "helping banks make more money." So he decided to build a
business where he could help everyday investors make more money: an online
service that would use a combination of algorithms and human advisers. Jon
launched Betterment at a precarious time — shortly after the financial crash
of 2008. But today, the company has roughly 13 billion dollars under
management. PLUS in our postscript "How You Built That," how Gerry Stellenberg
combined his knack for technology and his love for pinball to create the P3: a
pinball machine that allows a real-life ball to interact with virtual objects.
