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Cake Financial

 
Wikipedia: Cake Financial
Cake Financial
Type Private
Founded 2006
Headquarters San Francisco, California
Key people Steven Carpenter, Founder and CEO
Sven Junkergård, Vice President Engineering
Industry Investing, Software
Products Rich Internet application
Revenue N/A
Employees 20+
Website cakefinancial.com

Cake Financial is a free web-based financial services social network for individual investors allowing members to share their real stock portfolios and performance with other members. The site was introduced publicly at the September 2007 TechCrunch40 Conference by Founder and CEO, Steven Carpenter. The company also has a Cake Investment Club application on Facebook [1]. Cake has generated media coverage from a number of financial news outlets such as Forbes [2], Kiplinger [3], BusinessWeek [4] and Barron’s [5]. Cake is backed by Alsop Louie Partners [6], as well as from angel investors [7]. CakeFinancial competes with other social investment and online finance sites including Motley Fool, Mint.com, Piqqem and Covestor. The company is located in San Francisco, California.

References

  1. ^ Schonfeld, Erick. (2-25-08) Cake Financial Now Lets You Track Your Friends’ Stock Portfolios on Facebook. TechCrunch. http://www.techcrunch.com/2008/02/25/cake-financial-now-lets-you-track-your-friends-stock-portfolios-on-facebook/. Retrieved 2-26-08.
  2. ^ Barret, Victoria Murphy. (12-10-07) Piece of Cake. Forbes. http://www.forbes.com/finance/forbes/2007/1210/056.html. Retrieved 1-6-08.
  3. ^ Smith, Anne Kates. (12-07) Network Your Way to Winning Stocks. Kiplinger.com. http://www.kiplinger.com/magazine/archives/2007/12/network.html. Retrieved 1-5-08.
  4. ^ Bogoslaw, David. (11-13-07) Investing: The Net Wisdom of Peers. BusinessWeek. http://www.businessweek.com/investor/content/nov2007/pi20071112_053010.htm. Retrieved 1-5-08.
  5. ^ (10-8-07) A Mixer for Online Investors. Barron's. http://online.barrons.com/article/SB119162676227550742.html?mod=article-outset-box. Retrieved 1-6-08.
  6. ^ Alsop Louie Partners
  7. ^ Dignan, Larry & Dan Farber. (9-17-07) Cake Financial leverages wisdom of the crowd for investing. ZDNet.com. http://blogs.zdnet.com/BTL/?p=6288. Retrieved 1-4-08.

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