![]() ![]() In December 2020, the Federal Trade Commission said the company operators have defrauded consumers out of more than $137 million over the past three years. ![]() After a short, 6-month "experiment" with Jaffe as editor, the site changed direction and Jaffe was released from his position as Chief Editor of. In June 2017, Chuck Jaffe was named chief editor of the website. In February 2006, Terra's Lycos division sold and to Interactive Data Corporation for $30 million. In January 2001, Terra acquired the website. At that time, Raging Bull had 425,000 registered members, 12 million daily page views, and message boards where users posted 35,000 messages per day. In February 2000, AltaVista, which was majority owned by CMGI, acquired the website in a stock transaction. At that time, the co-founders were each 21 years old. In October 1998, CMGI invested $2 million in Raging Bull for a 40% stake. ĭavid Wetherell, CEO of CMGI, discovered the website while on vacation. īy mid-1998, the website had 8,000 registered users. It was begun in a basement with an initial investment of $30,000 from savings and credit card loans. ![]() was founded in August 1997 by Bill Martin with college partners, Rusty Szurek and Greg Wright, who were 19 years old at the time. is a website focused on financial literacy and day trading. ![]()
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