KaChing’s stock picking is fantasy no more
KaChing, the Palo Alto-based startup that’s like Fantasy Football for investing junkies, is finally letting users put skin in the game today.
It’s allowing people to invest real money, matching its best investors blow-by-blow, while slicing off a share that it says is small enough to challenge the $10 trillion mutual fund industry’s traditional fee structure. The site launched as a stock-picking site last year where people could publicly compete to beat the market and attracted… Continue Reading
Web pioneer Andreessen raises $300M for new venture capital firm
Marc Andreessen, the entrepreneur who co-founded the first significant Web browser Netscape at 22, is moving on to his next profession: Venture Capitalism.
Andreessen (pictured left) with his long-time business partner, Ben Horowitz (right), have raised $300 million in fresh capital to form a firm they’ve called “Andreessen Horowitz.” They’ll invest the money in a way they say is more suitable to today’s needs. They’re particularly enthusiastic about investing in Silicon Valley, saying it is unparalleled… Continue Reading