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David Jackson
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I'm founder and CEO of Seeking Alpha. I started Seeking Alpha after working for five years as a technology research analyst for Morgan Stanley in New York. Seeking Alpha is now the dominant crowdsourced equity research platform, with thousands of contributors and millions of monthly visitors,... More
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  • Seeking Alpha Completes Series B Funding Round 7 comments
    Dec 2, 2009 5:24 AM

    I'm pleased to announce that Seeking Alpha recently completed a $7M series B funding round, led by new investor DAG Ventures with full participation from existing investors Benchmark & Accel. This round provides us with a strong capital base to support our innovation and growth plans for the coming years.

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Comments (7)
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  • Cliff Wachtel
    , contributor
    Comments (1766) | Send Message
     
    Congrats. Does this mean you'll start paying us :-) ?
    2 Dec 2009, 06:04 AM Reply Like
  • David Jackson
    , contributor
    Comments (1279) | Send Message
     
    Author’s reply » Hi Cliff,

     

    Funny you should mention that... Joking aside, there's lots we can't disclose, but we have big plans for how to enable contributors to make real money.

     

    David
    On Dec 02 06:04 AM Cliff Wachtel wrote:

     

    > Congrats. Does this mean you'll start paying us :-) ?
    2 Dec 2009, 09:01 AM Reply Like
  • squark62
    , contributor
    Comments (205) | Send Message
     
    congrats, david! i know that's a great accomplishment. is this what some call meso funding?
    2 Dec 2009, 10:49 AM Reply Like
  • David Jackson
    , contributor
    Comments (1279) | Send Message
     
    Author’s reply » Thanks squark62! This is just a regular early stage venture round. It should enable us to invest more heavily in technology.

     

    On Dec 02 10:49 AM squark62 wrote:

     

    > congrats, david! i know that's a great accomplishment. is this
    > what some call meso funding?
    2 Dec 2009, 11:18 AM Reply Like
  • rcprofit
    , contributor
    Comments (26) | Send Message
     
    Congrat's
    2 Dec 2009, 01:18 PM Reply Like
  • ForMyOwnAccount
    , contributor
    Comments (19) | Send Message
     
    Hi David,
    I had no idea Seeking Alpha needed money other than the advertising, ie, what appears to be rather substantial banner ad flow. I'm a new Instablogger and frankly hope the $7 mil will let you drop the banner ads.

     

    Otherwise, Seeking Alpha is in a class by itself. I especially like the availability of company transcripts because I cannot spend all day every day listening to company reports on live conference calls.

     

    As a new Instablogger, I plan on submitting not just specific trading ideas but also going back over and over and over again the basics and the importance of common sense and intuition when it comes to trading and investing. I am finding that subjecting my ideas to your savvy gang of followers and commentors makes for a more rigorous assessment of the positions I put on or eliminate. Many thanks David!
    ForMyOwnAccount
    5 Dec 2009, 12:08 PM Reply Like
  • David Jackson
    , contributor
    Comments (1279) | Send Message
     
    Author’s reply » ForMyOwnAccount - thanks for your feedback and suggestions. Currently, advertising is our *only* revenue, so you shouldn't expect us to eliminate the banner ads. But our goal with ads is to make them as useful as possible for the reader, and we disallow ads that we think cross the line into excessive intrusiveness.

     

    We often hear from contributors and instabloggers that the comments left by readers are highly valuable, and help them in their investment process. A tip: make sure you tag instablog posts with the relevant ticker symbol so your post comes to the attention of people tracking that stock.

     

    Glad to hear that you (like many others) find the transcripts helpful. Do you have any suggestions how we can make them better, in addition to the search and other links we provide on those pages?
    18 Dec 2009, 02:26 AM Reply Like
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