There are no secrets online anymore. People share everything, even the performance of their personal stock portfolios. Social investing site Covestor raised $6.5 million in a series A financing based on the appeal of this concept. The round was led by Union Square Ventures and Spark Capital. Europe’s Amadeus Capital Partners also participated. The startup previously raised $1 million last… → Read More
SocialPicks, a social network around stocks, is officially out of private beta and has added features to make it one of the more compelling places for stock junkies to hang out. SocialPicks tracks imaginary portfolios as they shrink and grow, ranking users by paying close attention to how well their predictions pan out. The new release comes with a face lift, and a tweaked ranking calculation that… → Read More
There’s no shortage of stock market oriented communities coming online, it’s almost hard to tell them apart, but today’s entrant is particularly interesting. SocialPicks is focused on reputation building and small group collaboration. They have just begun to offer limited beta accounts. Users enter their stock trading activities and thoughts then befriend and rate other users. → Read More
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