FinancialContent acquires social investing site SocialPicks

FinancialContent acquires social investing site SocialPicks

Updated with confirmation

We’re hearing that SocialPicks, a fantasy stock website, has been acquired by financial data and business news company FinancialContent. There’s been no official word from either company, but if you visit the SocialPicks site, at the very top of the page it says that SocialPicks is part of the FinancialContent network. And at the bottom, visitors are told that the site is “© 2009 FinancialContent Services, Inc.”

Mountain View, Calif.-based SocialPicks was part of… Continue Reading

SocialPicks, a stock market community site, raises round

SocialPicks, a stock market community site, raises round

SocialPicks is one of many community sites for stock market investors. (Other such sites include Cake Financial, Wikinvest, Zecco, and StockPickr.) Like some of its rivals, SocialPicks has been persevering with its vision for years, but now its efforts are starting to pay off.

The company has just raised $500,000 from Bay Partners, according to a regulatory filing.

With SocialPicks, you select companies you think will perform well, then track your stocks’ performance against other SocialPicks users… Continue Reading