{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2F90330aea-5b1c-4766-9796-d58c8a68e75b","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"<iframe style=\"width: 100%; height: 200px;\" title=\"Building A $30B AUM Unicorn with Jon Stein, Founder of Betterment\" frameborder=\"0\" scrolling=\"no\" allow=\"clipboard-write\" seamless src=\"http://player.captivate.fm/episode/90330aea-5b1c-4766-9796-d58c8a68e75b\"></iframe>","title":"Building A $30B AUM Unicorn with Jon Stein, Founder of Betterment","description":"On today\u2019s show I chat with Jon Stein, the Founder and Chairman of Betterment. Betterment is an investing platform that helps people manage their money. Jon and I met at Columbia Business School way back in 2007, which is when he first told me about his idea for Betterment. I didn\u2019t get it at the time, but Jon had a vision.\n\nAfter navigating the murky waters of a HIGHLY regulated sector, Jon launched Betterment in 2010, which was revolutionary at the time for being the first no-fee trading platform. Now they have $30b in AUM serving 600,000 customers. It\u2019s officially a unicorn.\n\nAfter 13 years at the helm, Jon recently stepped down from being CEO and is now the Chairman of the Board. Here in the States it\u2019s become strangely taboo for a CEO to step down, while in other countries it\u2019s an obvious sign of growth and development. I view Jon\u2019s move as a promotion. During our chat Jon was very candid about the transition which I think will be helpful to a lot of other founders.\n\nWe also discuss Betterment\u2019s founding story, how to navigate regulatory challenges as an entrepreneur, and much more.","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/7c3c2e2f-e37e-4970-8f8c-d9002bc7ee8b/6v95MP3mlMcpNDOiXIVFZabm.jpg"}