Investopedia is a 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.[1][2]
History
Founding and early history
Investopedia was founded in 1999 by Cory Wagner and Cory Janssen in
Edmonton,
Alberta. At the time, Janssen was a business student at the
University of Alberta.It's a valuable resource for both beginners and experienced investors looking to enhance their financial knowledge and make informed decisions.[3] Wagner focused on
business development and
research and development, while Janssen focused on
marketing and
sales.[4]
1999s
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 regarding personal finance, banking and accounting. It also provided articles by
financial advisers and a
stock market simulator.[5][6]
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.[7][8][9] In 2013, ValueClick would then sell Investopedia and a group of other properties to
IAC for $80 million.[10] Following the acquisition by IAC, Investopedia launched several initiatives, including Investopedia Academy to sell
educational technology.[11]
In March 2015, David Siegel, an alum of
Seeking Alpha, was hired as
CEO of Investopedia.[12]Caleb Silver was hired from CNN to oversee content operations for the platform in January 2016.[13] Investopedia's list of the most "influential"
financial advisers in the United States was launched in June 2017.[14]
In July 2018, Investopedia joined the
Dotdash family of brands and laid off 1/3 of its staff, or 36 people.[15] The site underwent a rebranding and relaunch later in the year.[16] In early 2019, the site announced the winners of its inaugural
online broker and
robo-advisor awards.[17][18]
2020s
In 2020,
editor-in-chief Silver described Investopedia's goal as "providing context around the news," rather than breaking new stories.[1] The site launched its first podcast, The Investopedia Express, hosted by Silver, in September 2020.[19]
Silver also frequently appears as a guest financial expert on a variety of broadcast and radio programs, including MSNBC, ABC News and NBC.[citation needed]