Investopedia

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Investopedia, LLC.
InvestopediaLogo.png
Type of site
Finance and Investing
Available in English
Headquarters New York City
Owner IAC
Website www.investopedia.com
Registration None
Launched June 1999

Investopedia is a privately owned for-profit American website based in New York City that focuses on reporting news investing education and financial news.

Its operations have been managed by CEO David Siegel since 2015.[1][2]

History[edit]

Investopedia was founded by Cory Wagner and Cory Janssen in Edmonton, Alberta at the height of the dot-com era in 1999. 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 popular financial dictionary with over 5,300 terms drawn from personal finance, banking and accounting. It also provided thousands of in-depth articles by financial experts and a Stock Simulator.[3]

In 2007, Forbes Media acquired Investopedia.com for an undisclosed amount.[4]

In 2010, Forbes sold Investopedia to ValueClick Inc. for $42 Million.[5]

In 2013, IAC/InterActive Corp acquired Investopedia.com as part of a group of internet properties from ValueClick Inc for $80 Million.[6]

Since 2013, IAC has backed Investopedia’s growth and supported its investment into video and timely news production. CEO David Siegel has led the publication to a 40% year-over-year revenue growth and 17% gain in traffic.

Joey Levin, the CEO of IAC said that Investopedia was “the business we wanted.”[7]

See also[edit]

Notes[edit]

  1. ^ Ha, Anthony, "IAC Hires David Siegel As CEO Of Finance Website Investopedia", techcrunch.com, March 10, 2015.
  2. ^ Simon, Dan, "Success By The Numbers: An Interview With Investopedia CEO David Siegel", Forbes, February 29, 2016.
  3. ^ "Forbes Media Acquires Investopedia.com". www.businesswire.com. Retrieved 11 April 2007. 
  4. ^ Nicole, Kristen. "Investopedia Acquired by Forbes". Mashable. Retrieved 12 April 2007. 
  5. ^ Wauters, Robin. "Forbes Sells Investopedia To ValueClick In $42 Million Deal". TechCrunch. 
  6. ^ Barinka, Alex (10 December 2013). "IAC Gets a Bargain in Buying ValueClick Websites". Bloomberg.com. 
  7. ^ Sluis, Sarah (15 June 2016). "Investopedia Recalculates To Serve A Social, Expert Audience | AdExchanger". AdExchanger. 

External links[edit]