StockPickr

Last updated
StockPickr
Created by James Altucher
Website StockPickr.com
Current statusActive

StockPickr is an online social network for sharing financial analysis, research, news and commentary. [1] [2] The website was founded by entrepreneur James Altucher in 2006 and sold to TheStreet.com in 2007 for $10 million. [3] [4]

James Altucher American hedge fund manager, entrepreneur, and author

James Altucher is an American hedge fund manager, entrepreneur, author, venture capitalist and podcaster. He has founded or cofounded more than 20 companies. He has published 20 books, and he is a contributor to publications including The Financial Times and The Huffington Post.

TheStreet.com is a financial news and financial literacy website. It is a subsidiary of TheMaven.

Contents

Overview

StockPickr is a community based trading website which offers stock picks from amateur investors, a discussion forum, a stock market blog and thousands of professional stock portfolios. [5] [6] [7] The website also shows a variety of professional portfolios, outlining publicly available investing information of experts like Warren Buffett, George Soros, and Mark Cuban, among others. [6] [1] [8] Users can rate portfolios, see recommended similar portfolios and get advice of stocks within similar portfolios to help assemble their own. [5] [7] [9]

Warren Buffett American business magnate, investor, and philanthropist

Warren Edward Buffett is an American business magnate, investor, and philanthropist, who is the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US$82 billion as of July 18, 2019, making him the third-wealthiest person in the world.

George Soros Hungarian-American business magnate, investor and philanthropist

George Soros, Hon is a Hungarian-American investor and philanthropist. As of February 2018, he had a net worth of $8 billion, having donated more than $32 billion to his philanthropic agency, Open Society Foundations.

Mark Cuban American billionaire entrepreneur

Mark Cuban is an American businessman and investor. He is the owner of the National Basketball Association (NBA)'s Dallas Mavericks, co-owner of 2929 Entertainment and chairman of AXS TV. He is also one of the main "shark" investors on the ABC reality television series, Shark Tank. In 2011, Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his experiences in business and sports.

Within the first two months of founding 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 Time.com's 50 Best Websites of 2007. [10] [2]

In April 2007, StockPickr sold to TheStreet.com for $10 million. [1] [11]

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References

  1. 1 2 3 Dealbook (2007-11-20). "Before Stockpickr.com, a Hedge Fund Deal Not Done". New York Times.
  2. 1 2 Murray Buechner, Maryanne (2007-07-08). "50 Best Websites 2007: Stockpickr". Time.
  3. Ehrenberg, Roger. "TheStreet.com Acquires Stockpickr: A Web 2.0 Success Story". Seeking Alpha.
  4. Dealbook (2007-04-27). "TheStreet Picks Up Stock-Picking Social Network". New York Times.
  5. 1 2 Elmblad, Shelley. "Stockpickr: Something Different for Free Online Stock Picks". About.com.
  6. 1 2 VENEZIANI, Vince. "Stockpickr in deal with The Street: More to Come?". TechCrunch.
  7. 1 2 3 Barnako, Frank. "Stockpickr.com: trading meets social networking". MarketWatch. Archived from the original on 2013-06-29.
  8. Dubner, Stephen. "Friends With Cool Websites". Freakonomics Blog.
  9. Warner, Andrew. "Stockpickr: The Controversial Deal That Built A $10 Mil Company – with James Altucher". Mixergy.
  10. Nicole, Kristen. "Stockpickr Hits 100K Users". Mashable.
  11. Marshall, Matt. "Roundup: Scribd hype, Stockpickr, Red Herring, Cozmo and lots more". Venture Beat.