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Wealth Management

Stein Says Betterment IPO Likely… Eventually

By Diana Britton

While many entrepreneurs and investors in start-up robo platforms have found an exit strategy in being acquired by larger established firms, Betterment’s plan is to go public, CEO Jon Stein told WealthManagement.com. Stein doesn’t expect an initial public offering in the immediate future, but says the company would likely do it once it reaches between $50 million to $200 million in revenue.

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This article originally published May 11th, 2016 on Wealth Management