A survey of social investing sites: 11 contenders
We’ve seen social editing, social networking, social news, social bookmarking, and even social music take off. Now a social shock to the system is coming to a market usually dominated by insiders and experts: the finance industry.
Online trading brokerages have existed since E*Trade pioneered the market in the early ’90s, but now an onslaught of entrepreneurs, new media experts, and financial analysts are once again rebelling against the traditional investing model on Wall Street. They… Continue Reading
Benchmark invests in Seeking Alpha; deal struck with Yahoo
Silicon Valley venture firm Benchmark Capital has invested in a finance blog company called Seeking Alpha, a surprising move in our view, given that blogs are difficult to monetize.
Venture firms want to invest in companies going for billion-dollar markets, and Seeking Alpha is a two-year old boot-strapped company that is losing money, the company’s chief executive David Jackson confirmed with us earlier today. Blogs have become mainstream, too, so what do you think Benchmark sees… Continue Reading