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Investopedia

From Wikipedia, the free encyclopedia
Website focused on finance and investing

Investopedia
Type of site
Online encyclopedia
Available inEnglish
Headquarters225Liberty Street
New York,NY 10007
U.S.
OwnerIAC /Dotdash Meredith
Founder(s)Cory Wagner and Cory Janssen
EditorCaleb Silver
General managerDylan Zurawell
URLwww.investopedia.comEdit this at Wikidata
LaunchedJune 6, 1999 (1999-06-06)

Investopedia is a global financial media websiteheadquartered inNew York City. Founded in 1999, Investopedia provides investment dictionaries, advice, reviews, ratings, and comparisons offinancial products, such assecurities accounts. It is part of theDotdash Meredith family of brands owned byIAC.[1][2]

History

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Founding and early history

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Investopedia was founded in 1999 by Cory Wagner and Cory Janssen inEdmonton,Alberta,Canada. At the time, Janssen was a business student at theUniversity of Alberta.[3] Wagner focused onbusiness development andresearch and development, while Janssen focused onmarketing andsales.[4]

2000s

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In April 2007,Forbes Media acquired Investopedia.com for an undisclosed amount. At the time of the acquisition, Investopedia drew about 2.5 million monthly users and provided a financial dictionary with about 5,000 terms regardingpersonal finance, banking and accounting. It also provided articles byfinancial advisers and astock market simulator.[5][6]

2010s

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In August 2010,Forbes sold Investopedia toValueClick for US$42 million. By then, the site had grown to more than 30,000 pieces of content and reached 2.2 million unique visitors per month.[7][8] In 2013, ValueClick would then sell Investopedia and a group of other properties toIAC for $80 million.[9] Following the acquisition by IAC, Investopedia launched several initiatives, including Investopedia Academy to selleducational technology.[10] Investopedia operates under the discretion of CEO Neil Vogel.[11]

In March 2015, David Siegel, an alum ofSeeking Alpha, was hired asCEO of Investopedia.[12]Caleb Silver was hired fromCNN to oversee content operations for the platform in January 2016.[13] Investopedia's list of the most "influential"financial advisers in the United States was launched in June 2017.[14]

In July 2018, Investopedia joined theDotdash family of brands and laid off 1/3 of its staff, or 36 people.[15] The site underwent a rebranding and relaunch later in the year.[16] In early 2019, the site announced the winners of its inauguralonline broker androbo-advisor awards.[17][18]

2020s

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In 2020,editor-in-chief Silver described Investopedia's goal as "providing context around the news," rather than breaking new stories.[1] The site launched its first podcast,The Investopedia Express, hosted by Silver, in September 2020.[19]

Silver also frequently appears as a guest financial expert on a variety of broadcast and radio programs, includingMSNBC,ABC News andNBC.[20]

References

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  1. ^abRoush, Chris (March 4, 2020)."Investopedia editor Silver: My goal is to answer questions".Talking Biz News.Archived from the original on January 27, 2021. RetrievedSeptember 30, 2020.
  2. ^"Our Brands".Dotdash.Archived from the original on October 2, 2020. RetrievedSeptember 30, 2020.
  3. ^"David Staples: Edmonton biz whiz sets out to make big bucks in artificial intelligence".edmontonjournal.Archived from the original on May 8, 2021. RetrievedMay 21, 2022.
  4. ^Roush, Chris (April 12, 2007)."Forbes purchases Investopedia".Talking Biz News.Archived from the original on May 10, 2021. RetrievedMay 7, 2021.
  5. ^"Forbes Media Acquires Investopedia.com".Advertising Age. April 12, 2007.Archived from the original on May 7, 2021. RetrievedMay 7, 2021.
  6. ^Nicole, Kristen (April 12, 2007)."Investopedia Acquired by Forbes".Mashable.Archived from the original on December 16, 2017. RetrievedMay 7, 2021.
  7. ^Wauters, Robin (August 4, 2010)."Forbes Sells Investopedia To ValueClick In $42 Million Deal".TechCrunch.Archived from the original on May 18, 2017. RetrievedMarch 30, 2017.
  8. ^Savitz, Eric (August 4, 2010)."ValueClick Buys Investopedia From Forbes For $42 Million".Barron's.Archived from the original on May 7, 2021. RetrievedMay 7, 2021.
  9. ^Barinka, Alex (December 10, 2013)."IAC Gets a Bargain in Buying ValueClick Websites".Bloomberg News.Archived from the original on February 15, 2020. RetrievedMarch 7, 2017.
  10. ^"Investopedia Academy Launches to Empower Consumers with Financial Skills".PR Newswire. September 19, 2017.Archived from the original on February 16, 2018. RetrievedJune 19, 2024.
  11. ^Kovachik, Kelsey (June 21, 2023)."How I do it: Neil Vogel, Dotdash Meredith".JEGI CLARITY. RetrievedAugust 30, 2024.
  12. ^Ha, Anthony (March 10, 2015)."IAC Hires David Siegel As CEO Of Finance Website Investopedia".TechCrunch.Archived from the original on February 26, 2019. RetrievedAugust 9, 2016.
  13. ^Roush, Chris (January 26, 2016)."Investopedia hires CNN's Silver".Talking Biz News.Archived from the original on November 18, 2019. RetrievedSeptember 30, 2020.
  14. ^"Investopedia Releases List of Most Influential US Financial Advisors".Business Insider. June 7, 2018.Archived from the original on October 24, 2021. RetrievedSeptember 30, 2020.
  15. ^Rapier, Graham (August 10, 2018)."IAC is laying off a third of Investopedia staff".Business Insider.Archived from the original on November 9, 2020. RetrievedFebruary 8, 2021.
  16. ^"IAC Shareholder Letter"(PDF). August 8, 2018.Archived from the original on February 14, 2020. RetrievedMay 7, 2021.
  17. ^Roush, Chris (February 27, 2019)."Investopedia moves Carey to oversee online investing coverage".Talking Biz News.Archived from the original on January 26, 2021. RetrievedSeptember 30, 2020.
  18. ^Silver, Caleb (September 19, 2019)."Investopedia's Best Robo-Advisor Awards".Investopedia.Archived from the original on October 11, 2020. RetrievedSeptember 30, 2020.
  19. ^"The Investopedia Express with Caleb Silver on Apple Podcasts".Apple Podcasts.Archived from the original on October 8, 2020. RetrievedSeptember 30, 2020.
  20. ^"Caleb Silver – Investopedia | Wealth Management EDGE Speaker".Informa Connect.Archived from the original on December 6, 2023. RetrievedJune 19, 2024.

External links

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Media related toInvestopedia at Wikimedia Commons

Angi Inc.
Ask Media Group
Dotdash Meredith
Other properties
Acquisitions
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