Investopedia
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Investopedia
Investopedia
Investopedia Logo.svg
Type of site
Finance and Investing
Available inEnglish
HeadquartersNew York City
OwnerDotdash
URLwww.investopedia.com
Alexa rankPositive decrease 390 (April 2020)[1]
LaunchedJune 6, 1999 (1999-06-06)

Investopedia is an American website based in New York City that provides investing and finance education along with reviews, ratings, and comparisons of various financial products such as brokerage accounts.

History

Investopedia was founded in 1999 by Cory Wagner and Cory Janssen in Edmonton, Alberta at the height of the dot-com era. Wagner focused on business development and R&D, and Janssen focused on marketing and sales. Investopedia drew about 2,500,000 monthly users and provided a financial dictionary with about 5,000 terms from personal finance, banking and accounting. It also provided articles by financial experts and a stock market simulator.[2]

Timeline:

  • Founding in 1999
  • In April 2007, Forbes Media acquired Investopedia.com for an undisclosed amount.[3]
  • In 2010, Forbes sold Investopedia to ValueClick Inc. for $42 Million.[4]
  • In 2013, Valueclick sold Investopedia and a group of other properties to IAC/InterActive Corp for $80 Million.[5]
  • In 2015, David Siegel joined Investopedia as Chief Executive Officer (CEO).[6][7]
  • In June 2016, Investopedia launched Investopedia Academy[8] to sell premium video educational courses.[9]
  • In July 2018, IAC sold Investopedia to Dotdash.[10]

Stock simulator

Investopedia runs a stock market simulator, in which the player is given a virtual portfolio and money to spend on the stock market.[11]

References

  1. ^ "Investopedia.com Site Info". Alexa Internet. Retrieved 2018.
  2. ^ "Forbes Media Acquires Investopedia.com". www.businesswire.com. Businesswire. April 11, 2007. Retrieved 2007.
  3. ^ Nicole, Kristen (April 12, 2007). "Investopedia Acquired by Forbes". Mashable. Retrieved 2007.
  4. ^ Wauters, Robin (August 4, 2010). "Forbes Sells Investopedia To ValueClick In $42 Million Deal". TechCrunch.
  5. ^ Barinka, Alex (10 December 2013). "IAC Gets a Bargain in Buying ValueClick Websites". Bloomberg.com.
  6. ^ Ha, Anthony, "IAC Hires David Siegel As CEO Of Finance Website Investopedia", techcrunch.com, March 10, 2015.
  7. ^ Simon, Dan, "Success By The Numbers: An Interview With Investopedia CEO David Siegel", Forbes, February 29, 2016.
  8. ^ "Investopedia Academy". Investopedia Academy.
  9. ^ "Investopedia Academy Launches to Empower Consumers with Financial Skills". Prnewswire.com. Prnewswire. September 19, 2017.
  10. ^ "IAC" (PDF). August 8, 2018.
  11. ^ "Investopedia Stock Simulator". Investopedia. 15 September 2019. Retrieved 2019.

External links


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

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