StockPickr

StockPickr

StockPickr

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StockPickr was a social networking service and virtual community for sharing stock picks, financial analysis, research, news, and commentary.[1][2] The website was founded by James Altucher in 2006 and acquired by TheStreet.com in 2007 for $10 million.[3][4][5]

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It included an Internet forum, a blog, and he makeup of 90,000 stock portfolios, including 800 of professional investors including Warren Buffett, George Soros, and Mark Cuban.[6][7][1][8]

Users were able to rate portfolios, see recommended similar portfolios and get advice of stocks within similar portfolios to help assemble their own.[7][9]

The website launched in beta version in September 2006 and in final in November 2006. By January 2007, the website had over 10,000 portfolios posted, and over 2,500 registered users.[7]

By August 2007, the website had over 100,000 users, 10 million monthly page views, and was named one of the 50 Best Websites of 2007 by Time.[10][2][11]

In April 2007,TheStreet.com acquired the website for $10 million.[1][12]

References

  1. [1]
    "Before Stockpickr.com, a Hedge Fund Deal Not Done". The New York Times. November 20, 2007.
  2. [2]
    Murray Buechner, Maryanne (July 8, 2007). "50 Best Websites 2007: Stockpickr". Time.
  3. [3]
    Arrington, Michael (April 25, 2007). "Stockpickr Acquired By TheStreet.com". TechCrunch.
  4. [4]
    "TheStreet Picks Up Stock-Picking Social Network". The New York Times. April 27, 2007.
  5. [5]
    "TheStreet.com to Buy Rest of Stockpickr.com". TheStreet.com. April 27, 2007.
  6. [6]
    VENEZIANI, Vince (January 3, 2007). "Stockpickr in deal with The Street: More to Come?". TechCrunch.
  7. [7]
    Barnako, Frank (January 3, 2007). "Stockpickr.com: trading meets social networking". MarketWatch.
  8. [8]
    Dubner, Stephen (November 27, 2006). "Friends With Cool Websites". Freakonomics Blog.
  9. [9]
    Warner, Andrew. "Stockpickr: The Controversial Deal That Built A $10 Mil Company – with James Altucher". Mixergy.
  10. [10]
    Nicole, Kristen (August 9, 2007). "Stockpickr Hits 100K Users". Mashable.
  11. [11]
    "Stockpickr.com Named as One of 50 Best Websites 2007 in Time.com Roundup" (Press release). Business Wire. July 12, 2007.
  12. [12]
    Marshall, Matt (April 27, 2007). "Roundup: Scribd hype, Stockpickr, Red Herring, Cozmo and lots more". VentureBeat.
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