I'm the founder and CEO of Seeking Alpha. I worked for five years as a technology research analyst for Morgan Stanley in New York. I left in early 2003 to manage money (long/short) and explore new approaches to financial publishing, ultimately leading to the creation of Seeking Alpha. Prior to... More
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.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha
community. Instablog posts are not selected, edited or screened by Seeking Alpha editors,
in contrast to contributors' articles.
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 :-) ?
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
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?
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Seeking Alpha Completes Series B Funding Round 7 comments
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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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 :-) ?
On Dec 02 10:49 AM squark62 wrote:
> congrats, david! i know that's a great accomplishment. is this
> what some call meso funding?
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
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?
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