Investopedia is a global financial media website headquartered in New York City. 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,
Alberta,
Canada. At the time, Janssen was a business student at the University of Alberta.
Wagner focused on business development and research and development, 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 2.5 million monthly users and provided a financial dictionary with about 5,000 terms regarding
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 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.
In July 2018, Investopedia joined the Dotdash family of brands and laid off 1/3 of its staff, or 36 people.
2020s
In 2020,
editor-in-chief 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.
External links
