Investopedia is a global financial media website headquartered in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

. Founded in 1999, Investopedia provides investment dictionaries, advice, reviews, ratings, and comparisons of financial products, such as securities accounts. It is part of the Dotdash Meredith family of brands owned by IAC.

History

Founding and early history

Investopedia was founded in 1999 by Cory Wagner and Cory Janssen in

Edmonton Edmonton is the capital city of the Provinces and territories of Canada, Canadian province of Alberta. It is situated on the North Saskatchewan River and is the centre of the Edmonton Metropolitan Region, which is surrounded by Central Alberta ...

Alberta Alberta is a Provinces and territories of Canada, province in Canada. It is a part of Western Canada and is one of the three Canadian Prairies, prairie provinces. Alberta is bordered by British Columbia to its west, Saskatchewan to its east, t ...

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

. At the time, Janssen was a business student at the University of Alberta. Wagner focused on business development and

research and development Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage ...

, while Janssen focused on

marketing Marketing is the act of acquiring, satisfying and retaining customers. It is one of the primary components of Business administration, business management and commerce. Marketing is usually conducted by the seller, typically a retailer or ma ...

and

sales Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale. A period during which goods are sold for a reduced price may also be referred ...

2000s

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 regarding

personal finance Personal finance is the financial management that an individual or a family unit performs to budget, save, and spend monetary resources in a controlled manner, taking into account various financial risks and future life events. When planni ...

, banking and accounting. It also provided articles by financial advisers and a stock market simulator.

2010s

In August 2010,

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

sold Investopedia to ValueClick 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. In 2013, ValueClick would then sell Investopedia and a group of other properties to IAC for $80 million. Following the acquisition by IAC, Investopedia launched several initiatives, including Investopedia Academy to sell educational technology. Investopedia operates under the discretion of CEO Neil Vogel. In March 2015, David Siegel, an alum of Seeking Alpha, was hired as CEO of Investopedia. Caleb Silver was hired from '' CNN'' to oversee content operations for the platform in January 2016. Investopedia's list of the most "influential" financial advisers in the United States was launched in June 2017. In July 2018, Investopedia joined the

Dotdash Dotdash Meredith (formerly The Mining Company, About.com and Dotdash) is an American digital media company based in New York City. The company publishes online articles and videos about various subjects across categories including health, hom ...

family of brands and laid off 1/3 of its staff, or 36 people. The site underwent a rebranding and relaunch later in the year. In early 2019, the site announced the winners of its inaugural online broker and robo-advisor awards.

2020s

In 2020,

editor-in-chief An editor-in-chief (EIC), also known as lead editor or chief editor, is a publication's editorial leader who has final responsibility for its operations and policies. The editor-in-chief heads all departments of the organization and is held accoun ...

Silver described Investopedia's goal as "providing context around the news," rather than breaking new stories. The site launched its first podcast, ''The Investopedia Express'', hosted by Silver, in September 2020. Silver also frequently appears as a guest financial expert on a variety of broadcast and radio programs, including '' MSNBC'', '' ABC News'' and '' NBC''.

References

External links

* {{IAC 1999 establishments in Canada Companies based in New York City Finance websites Financial services companies established in 1999 IAC Inc. Internet properties established in 1999 Online financial services companies of the United States