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Investopedia is a financial media website headquartered in
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the U ...
. Founded in 1999, Investopedia provides investment dictionaries, advice, reviews, ratings, and comparisons of financial products such as securities accounts. Investopedia has more than 32,000 articles and reaches 20 million unique monthly viewers and posts paid advertisements as investing information. It is part of the
Dotdash Meredith Dotdash Meredith (formerly About.com) is an American digital media company based in New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 populat ...
family of brands owned by IAC. Investopedia offers educational technology into day trading, asset management, foreign exchange markets, as well as financial educational courses. It also hosts a stock market simulator. Self-paced, online courses from expert instructors are available on Investopedia Academy.


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 Canadian province of Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada, provinces and territories of Canada. It is part of Western Canada and is one of the three Canadi ...
,
Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada, provinces and territories of Canada. It is part of Western Canada and is one of the three Canadian Prairies, prairie provinces. Alberta is bordered by British Columbia to t ...
. At the time, Janssen was a business student at the
University of Alberta The University of Alberta, also known as U of A or UAlberta, is a public research university located in Edmonton, Alberta, Canada. It was founded in 1908 by Alexander Cameron Rutherford,"A Gentleman of Strathcona – Alexander Cameron Ruth ...
. Wagner focused on business development and
research and development Research and development (R&D or R+D), known in Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also ...
, while Janssen focused on marketing and sales.


2000s

In April 2007, Forbes Media acquired Investopedia.com for an undisclosed amount. At the time of the acquisition, Investopedia drew about 2,500,000 monthly users and provided a financial dictionary with about 5,000 terms from personal finance, banking and accounting. It also provided articles by financial advisers and a stock market simulator.


2010s

In August 2010, Forbes sold Investopedia to ValueClick for $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. 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 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 Silver described Investopedia's goal as "provid ngcontext 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 ABC News is the news division of the American broadcast network ABC. Its flagship program is the daily evening newscast '' ABC World News Tonight with David Muir''; other programs include morning news-talk show '' Good Morning America'', '' ...
'' and '' NBC''.


References


External links

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