TITLE

The Street Puts Mad Money on Geezeo

AUTHOR(S)
Schachter, Ken
PUB. DATE
April 2008
SOURCE
Red Herring;4/24/2008, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of TheStreet.com to invest $1.2 million fora 13 percent stake in personal finance web site Geezeo. The deal gives TheStreet an option to buy the site outright within a year for $12 million. With competition from several venture-backed rivals, Geezeo co-founder Shawn Ward said the deal opens a door to a vast new audience. Geezeo, based in Framingham, Massachusetts, is a new breed of online personal finance site that combines traditional tools with social networking, such as the iWant widget on Facebook.
ACCESSION #
36834983

 

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