UpDown.com - Play with Money and Brain - Received $750,000 in Funding | Social Networking Blog

UpDown.com - Play with Money and Brain - Received $750,000 in Funding

January 31st, 2008 by Social Guy

updown

UpDown.com a social network for investors. Learn investing with virtual portfolios. Contribute stock analyses and ideas. They have received $750,000 in additional funding from Swiss investor Joachim Schoss. With this lastest round of funding, UpDown has raised just under $1.2 million in total.

UpDown.com provides a platform for investors to improve their skills through collaboration, competition and aggregated wisdom. Described by major media outlets as “fantasy football meets the trading floor,” UpDown.com is the only free investment platform that allows members to earn money with zero risk of financial loss.It gives its members $1,000,000 in virtual money to invest.

UpDown.com pays real money every week to members who submit high quality stock analysis. UpDown.com also pays real money every month to members whose virtual portfolios outperform the S&P 500 over the full month.

Founded by two Harvard Business School students and one Harvard College graduate, UpDown.com is a privately held, privately funded company headquartered in Cambridge, Massachusetts.