RagingBull.com is a website that offers stock picks for free and for a fee.
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History
Founded in August 1997, RagingBull.com was the brain child of Bill Martin with college partners, Rusty Szureck and Greg Wright, and was begun in a basement with an initial investment of $30,000 from savings and credit card loans.
By mid-1998, the website had 8,000 registered users.
David Wetherell, CEO of CMGI (now ModusLink Global Solutions) discovered the website while on vacation. In October 1998, CMGI invested $2 million in Raging Bull for a 40% stake. At that time, the co-founders were each 21 years old.
In February 2000, AltaVista, a web search engine, bought Raging Bull. At that time Raging Bull had 425,000 registered members. Raging Bull had message boards where users posted 35,000 messages per day. Raging Bull also had 12 million daily page views.
In January 2001, Internet services company Terra Lycos acquired RagingBull.com for an undisclosed amount.
In February 2006, Lycos sold Quote.com and RagingBull.com to Interactive Data Corporation for $30 million. RagingBull was integrated into ESignal.
On June 30, 2011, BlueWave Advisors, LLC, purchased RagingBull.com.
Maps RagingBull.com
References
External links
- Official website
Source of the article : Wikipedia
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