Social investing site Cake Financial raises $1.26M more
Cake Financial, a social networking site for investing, is raising a $1.5 million addition to its first venture round, with $1.26 million raised so far.
The San Francisco-based company lets users import their portfolio data from multiple brokerages and share their trades with other users. You can follow the investments of other users on the site, especially those whose investments doing particularly well. The site’s big selling point is the quality of its top one percent… Continue Reading
Peek at Cake Financial’s dwindling portfolios
Everyone knows the stock market is tanking, but how is that affecting individual investors? Social investing site Cake Financial released data today shedding some light on how its users are coping with the crumbling economy.
The answer is pretty much what you’d expect: Not that well. At the end of November, individual investors are down 42.25 percent for the year, which is in the same neighborhood as many market indices. During that same period, the NASDAQ… Continue Reading
New companies, continued: MusicShake, Cake Financial, Ponoko, TripIt standout
Ten more companies presented during today’s afternoon portion of the Techcrunch40 conference. If we were able to have stock in these companies, here’s the order we’d rank them: MusicShake, Cake Financial, Tripit, Ponoko, Everywhere, CrowdSpirit, DocStoc, Flock, StoryBlender and TeachThePeople. Summaries of each company follow.
MusicShake, a music-creation app — This is site is winning kudos because it looks addictive. According to the logo on the webpage, it’s a “Music making game which is no need of… Continue Reading