StockPickr

Last updated
StockPickr
Created by James Altucher
LaunchedSeptember 2006;18 years ago (2006-09) (beta)
November 2006;18 years ago (2006-11) (final)
Current statusRedirected to TheStreet.com

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]

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]

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References

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