Entering text into the input field will update the search result below

Seeking Alpha Passes One Million Members -- 5 Things You Need To Know

Mar. 26, 2012 12:00 AM ET118 Comments
SA Product Team profile picture
SA Product Team

I'm excited to announce that Seeking Alpha has passed 1 million members, and is adding over 2,000 members per market day. In other words, we've doubled our size in less than two years, and at our current growth rate expect to double again in even less time. This is important for five reasons:

1. Seeking Alpha is one of the handful of new media startups which has built an outstandingly valuable product. Our goal is to help people invest better, by presenting them with valuable insight and information, allowing them to choose between different perspectives, and empowering them to discuss ideas with other smart investors. To do this, we combine financial content from a broad contributor base with oversight by a team of human editors. We add our own real-time news coverage (Market Currents). And for members, we offer personalization (watchlists and portfolios, the ability to follow authors, customizable email alerts), discussion tools (comments, StockTalks, and Instablogs), and communication (direct messages). Hitting a million members shows it's working.

2. Seeking Alpha has become the largest publishing platform for finance professionals and other financial commentators. We now publish about 250 articles per market day, after editorial selection, from about 900 active authors per month. People contribute articles to Seeking Alpha for various reasons: to build exposure and reputation, generate customer leads, and supplement their income (we're one of the only businesses paying meaningful amounts to a large number of contributors, currently $10 per 1,000 page views). There's a virtuous circle here: as our readership grows, our value to contributors rises, they contribute more articles for our editors to select from, and that increases our comprehensiveness and value to readers.

3. Seeking Alpha articles are increasingly moving stocks. Our impact on the market is a direct function of our rapidly growing readership. We have 5-7MM monthly unique visitors (about 9.5% of whom are finance professionals), but our 1MM registered users are significant because they're far more engaged than occasional readers, and tend to be committed investors.

4. Seeking Alpha has become the leading platform for intelligent discussion of stocks and the markets. We publish about 80,000 comments per month, after moderation. Unlike "Web 1.0" message boards, the intellectual framework and tone for comments are set by articles, and article authors actively participate. This results in comment discussions that are higher quality and more valuable to investors.

5. Seeking Alpha has become a critical platform for communicating with investors. Registering on Seeking Alpha allows users to send and receive direct messages to contributors and other readers. Investors are using Direct Messaging on Seeking Alpha to form business relationships and privately discuss investment ideas. IR and PR professionals are using Direct Messages to reach authors who write about their company, industry, or sector. There are strong network effects in communication, which is why hitting 1MM registered users is important.

On a personal note, I want to say a huge congratulations and thank you to the Seeking Alpha team. A ton of work has gone into hitting this milestone. Every day, our team works hard to deliver value for our readers, our contributors, and our partners -- and you've succeeded. You guys rock!

But this is our contributors' and readers' achievement as much as ours. As a tribute to our amazing contributors, we asked our editors to name their favorite Seeking Alpha articles, and we asked each of our contributors to nominate the best Seeking Alpha article that they wrote, and the best Seeking Alpha article written by another contributor. Here they are:

Seeking Alpha 1,000,000: The Greatest Hits, Editorial Edition

The Best SA Articles Of All Time, As Chosen By Their Authors

The Best SA Articles Of All Time, As Chosen By Other Authors

This article was written by

SA Product Team profile picture
Seeking Alpha's product team is responsible for the development of all of our product-related projects from start to finish. These projects include the Seeking Alpha Portfolio apps on the App Store and Google Play, our Real Time email alert product, and optimization across the Seeking Alpha website. The purpose of this profile is to allow us to share with our readers all new product developments. Please follow us on Seeking Alpha to receive updates. We look forward to your input and feedback! Thanks, SA Product Team

Recommended For You

Comments (118)

I have following you guys for awhile now, thanks for all of your hard word and sacrifice!!!
Yeehaw !
mediadeveloped profile picture
Congrats ...well deserved. This site has improved greatly through the time I've been using it.
Modernist profile picture
Thank you to the SA team for fostering this growth, by which new contributors such as myself have found a breathtakingly versatile marketplace of and for ideas.
153972 profile picture
I want to echo the accolades from the above commenters.

Outstanding job.
Day Trader001 profile picture
“Excellent site” good data & input to aide in decision-making.
Many thanks to you and your staff!
tr6zo profile picture
28 Mar. 2012
From optical networking companies (yes, that long ago) to your emails about using those new ETFs to Seeking Alpha. You've definitely come a long way. Congratulations for building something that adds value to the world.
continuing, I have found investing to be a totally
fascinating field, owing to the infinite possibilities.
I was a registered investment adviser
for many years prior to my retirement in 1998.
TradingPub profile picture
Congratulations on an amazing accomplishment! I read this article and became a member today :)
Kinetic Investments profile picture
Congrats and welcome aboard, TradingPub. We've got a great group of talented and interesting team members, here. Proud to be a part of it, myself.

Thanks for being. Thanks for the 1st site I go to every day.
Usefull tools for a trader.
R we there yet profile picture
I remember the day my youngest child, then at Villanova majoring in finance, advised me to " check out SA mom, I think it could help you," this said to me after my usual barrage of investment questions had him rolling his eyes.
What an understatement that was. I was like a Kid in a candy shop....FINALLY a place to go where I could ask as many dumb questions as I wanted, everyone is supportive and delightful to deal with and what a ton of useful and actionable knowledge.
As I said long ago in my profile, it's like my free University of investing. You never stop learning here, and you never stop having your prejudices and opinions challenged. It's an eye opener everyday.
Thank You SA community,I am eternally grateful.
Keep your promise
Persha profile picture
27 Mar. 2012
Its great to see a vision become a reality and to be a part of it. Looking forward to the next 1M and the excitement of working here each day.
You are a critical part of our due diligence in research for investment opportunities. Thank you.
27 Mar. 2012
So now will the iPhone App be coming out?
David Jackson profile picture
drrjv, it took us a while, but here it is:
Brad Thomas profile picture
David - I tied it...I like it...Good things are worth the wait. Brad
mattdm69 profile picture
Congrats SA!!! Bring on the IPO!!!!!
Great site. All kudos are well deserved. Thanks and keep up the good work.
jstratt profile picture
I enjoy SA greatly.

It is a diverse listing of ideas that both challenges and helps me to consider a variety of approaches.

The challenge to all is to give thoughtful articles and comments which allow readers to consider well thought out perspectives. Even and perhaps especially when I disagree with the thesis it forces me to consider a different perspective and I gain from that.
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.