Introduction to investopedia
Investopedia is known to be one of the best sources of financial information on the internet. The website works as a resource for financial professionals, investors, consumers, and students who seek guidance or information on several topics. The site publishes articles on investments, insurance, estate, retirement and college planning, consumer debt, and an assortment of other educational material.
Understanding Investopedia
Although Investopedia began as a source for financial terms, it has grown to bring timely stock analysis and financial news to users. New investors can initiate a free stock or forex simulator account before joining the market with real funds.
The online website was established in the year 1999 by two graduates of the University of Alberta, Cory Janssen and Cory Wagner. The college classmates engaged the help of a third schoolmate, Tom Hendrickson, to operate the company. The group sold Investopedia to Forbes Publishing in the year 2007.
Growth Of The Company
- When ValueClick acquired Investopedia in 2010 for $42 million, the website brought in about $10 million in yearly revenue and 2.2 million visitors each month. IAC acquired the website in late 2013.
- As part of IAC, Investopedia joined different well-known Web properties such as About.com, Ask.com, and Dictionary.com in the company's line up.
- As of the year 2018, the CEO of Investopedia is David Siegel. He has almost 20 years of experience running media companies.
- Under Siegel's leadership, Investopedia has extended its unique visitors to 20 million per month–almost ten times as many as in 2010. Investopedia has its offices in New York and Edmonton.
