|Type of business||Subsidiary|
|Headquarters||14 Wall Street|
New York City, New York, United States
|Key people||Larry Kramer, Chairman|
David Callaway, CEO
Jerry Kronenberg, Managing Editor
Eric Lundberg, CFO
|Products||Financial literacy website|
TheStreet's features include: The Five Dumbest Things on Wall Street This Week; Street Whispers, and The Digital Skeptic.
Jim Cramer is the company's most notable commentator. Other contributors include Adam Feuerstein and Doug Kass. Former contributors include Aaron Task, Alix Steel, Dave Kansas, Herb Greenberg, and Brett Arends.
In addition to news and financial analysis, TheStreet, Inc. also provides subscription investor services including RealMoney RealMoney Pro, Breakout Stocks, Stocks Under $10, OptionsProfits, Chat on TheStreet, The Daily Swing Trade, Top Stocks, TheStreet Ratings and Action Alerts Plus, run by Jack Mohr.
TheStreet.com Personal Finance
TheStreet.com Personal Finance is an online financial magazine and news website by TheStreet.com, directed toward mainstream America and presupposing a very limited financial knowledge (unlike TheStreet.com). In addition to news, features and articles, TheStreet.com Personal Finance features consumer reports and investing advice. Users who have trouble engaging with TheStreet.com, because of the terminology and assumed knowledge, tend to find TheStreet.com Personal Finance much more accessible, since it is written for the average layperson who does not have an in-depth understanding of Wall Street. TheStreet.com Personal Finance covers all sectors of business and daily life from business to fashion. TheStreet.com Personal Finance headquarters is located in the New York metropolitan area.
Real Money is a financial services site. It is one of the first sites to incorporate both investment ideas as well as social networking. This community, known as the Stock Idea Network, combines insight from professional investors as well as community members. Users are able to share, debate, and otherwise discuss information and ideas related to finance on the site's message boards, which are frequented by financial professionals. It was named one of Time.com's 50 best websites in 2007. There are an estimated 150,000-plus user-generated portfolios, as well as portfolios of professional finance professionals on the site.
TheStreet, Inc., (formerly, TheStreet.com, Inc.) was co-founded in 1996 by Jim Cramer and Marty Peretz. It became a public company via an initial public offering in May 1999 under the direction of past Chairman and Chief Executive Officer Kevin English and former Chief Financial Officer Paul Kothari.
Under the direction of Thomas J. Clarke, Jr., TheStreet's former chairman and CEO, the company reported its first annual profit in 2005. Jim Cramer became chairman in October 2008 and served in that capacity until 2011.
Daryl Otte, a long-time company director, became CEO in May 2009 after the resignation of the former CEO, Thomas Clarke. Otte is the founding partner of Montefiore Partners, a venture capital investment fund management firm, and a former executive at media company Ziff Davis/
In April 2007, the company acquired Stockpickr.com.
In November 2007, the company acquired BankingMyWay and RateWatch.
In 2008, the company acquired a 13% stake in Geezeo.com, a Boston-based online management tool, with an option to purchase the entire company.
In July 2001, David J. Morrow, a former reporter for The New York Times, joined TheStreet, Inc. as its editor-in-chief upon Kansas's departure. Glenn Hall, a former news manager at Freedom Communications (The Orange County Register) and Bloomberg News, replaced Morrow in August 2009. William Inman, former Bloomberg News Editor, replaced Glenn Hall as Editor-in-Chief in March 2012. Janet Guyon, from Fortune, The Wall Street Journal, Bloomberg and Investopedia replaced William Inman in April 2014.
In August 2007, the company acquired Corsis, including Promotions.com for $20.7 million. It was sold to management for $3.1 million in December 2009. Executives of the company were later accused of inflating revenues and paid penalties to the U.S. Securities and Exchange Commission.
In 2008, the company launched its first mobile app, for the BlackBerry. The Blackberry version was mentioned as "Official Honoree" for the Mobile Applications category of the 2009 Webby Awards, and, together with the iPhone version, won the 2008 "Creative Use of Online" award by the Society of American Business Editors and Writers (SABEW).
In September 2010, the company launched a mobile website, TheStreet.mobi.
In April 2013, TheStreet Inc. acquired The DealFlow Report and The Life Settlements Report financial newsletters and the PrivateRaise database from DealFlow Media Inc. The DealFlow Report covers microcap stocks, including initial public offerings and private placements, while The Life Settlements Report focuses on life insurance settlements.
In November 2014, the company acquired BoardEx for $22.5 million.
In August 2019, TheMaven acquired the company for $16.5 million.
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- "TheStreet Completes Acquisition of BoardEx" (Press release). PR Newswire. November 3, 2014.
- "S&P Global to Acquire RateWatch" (Press release). PR Newswire. June 20, 2018.
- "TheStreet Announces Sale of RateWatch to S&P Global for $33.5 million" (Press release). PR Newswire. June 20, 2018.
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