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StockPickr was a
social networking service A social networking service (SNS), or social networking site, is a type of online social media platform which people use to build social networks or social relationships with other people who share similar personal or career content, interest ...
and
virtual community A virtual community is a social network of individuals who connect through specific social media, potentially crossing geographical and political boundaries in order to pursue mutual interests or goals. Some of the most pervasive virtual commu ...
for sharing stock picks, financial analysis, research, news, and commentary. The website was founded by
James Altucher James Altucher (born January 22, 1968) is an American hedge-fund manager, author, podcaster and entrepreneur who has founded or cofounded over 20 companies. He has published 20 books and is a contributor to publications including ''The Financi ...
in 2006 and acquired by
TheStreet.com ''TheStreet'' is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as Action Alerts Plus, a stock recommendation portfolio co-managed by ...
in 2007 for $10 million. It included an Internet forum, a blog, and he makeup of 90,000 stock portfolios, including 800 of professional investors including
Warren Buffett Warren Edward Buffett ( ; born August 30, 1930) is an American investor and philanthropist who currently serves as the chairman and CEO of the conglomerate holding company Berkshire Hathaway. As a result of his investment success, Buffett is ...
,
George Soros George Soros (born György Schwartz; August 12, 1930) is an American investor and philanthropist. , he has a net worth of US$7.2 billion, Note that this site is updated daily. having donated more than $32 billion to the Open Society Foundat ...
, and
Mark Cuban Mark Cuban (born July 31, 1958) is an American businessman and television personality. He is the former principal owner and current minority owner of the Dallas Mavericks of the National Basketball Association (NBA) and co-owner of 2929 Entertain ...
. Users were able to rate portfolios, see recommended similar portfolios and get advice of stocks within similar portfolios to help assemble their own. The website launched in beta version in September 2006 and in final in November 2006. By January 2007, the website had over 10,000 portfolios posted, and over 2,500 registered users. By August 2007, the website had over 100,000 users, 10 million monthly page views, and was named one of the ''50 Best Websites of 2007'' by ''
Time Time is the continuous progression of existence that occurs in an apparently irreversible process, irreversible succession from the past, through the present, and into the future. It is a component quantity of various measurements used to sequ ...
''. In April 2007,
TheStreet.com ''TheStreet'' is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as Action Alerts Plus, a stock recommendation portfolio co-managed by ...
acquired the website for $10 million.


References

{{reflist, 2 2007 mergers and acquisitions American social networking websites Defunct social networking services Internet properties established in 2006