Protrade: An athlete stock market, where you are the trader

November 13, 2005 | Matt Marshall

ProTrade, a San Mateo start-up that just raised $10 million, lets you stock in athletes.

Alarm:Clock has a good summary of the company:

If you are not familiar with it, the company has developed a stock market for athletes. Teams are known as investment portfolios and the real-life athletes get their own ticker symbols. Manning’s symbol is PMANN. Traders will be allowed to create their own competitive leagues and set their own entry fees, with a $5 minimum per entrant.

…Granted, Protrade is nothing new. Its the same idea as the Hollywood Stock Exchange. But still, we like their style…

Click on this profile to enlarge to see Peyton Manning’s “stock.”

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About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.