Company:Openfolio
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Revision as of 11:35, 5 August 2021 by imported>PolicyEnforcerIA (attribution)
Openfolio was founded by Hart Lambur and Yinon Ravid in November 2013.[1] Openfolio is a consumer internet financial technology company. The service launched in public beta on Openfolio.com in August 2014 [2] and in full on iOS and web in October 2014. It has been described variously as "Yelp of online investing" and "Wall Street meets Twitter".[2][3]
The service is a network that allows users to share the contents of their investment portfolios. Investments are shared without dollar amounts, only percentages.[4] According to OpenFolio data, average investors lag significantly behind market index funds; in 2016, the average OpenFolio investor gained 5% compared to a market index fund of roughly 12%.[5]
See also
- Investing
- Business networking
- Financial Services
- Finance
- Asset Management
References
- ↑ "This NYC Startup Brings the Sharing Economy to Personal Investing - AlleyWatch" (in en-US). AlleyWatch. 2015-02-03. http://www.alleywatch.com/2015/02/this-nyc-startup-brings-the-sharing-economy-to-personal-investing/.
- ↑ 2.0 2.1 Libby Kane (2014-08-06). "This Startup Wants To Be The Yelp Of Investing". http://www.businessinsider.com/openfolio-online-investing-2014-8/. Retrieved 2014-08-06.
- ↑ Mercadante, Kevin (1 December 2014). "Openfolio Review - The Power of Social Investing" (in en-US). Investor Junkie. https://investorjunkie.com/37968/openfolio-review/.
- ↑ Groenfeldt, Tom (10 February 2015). "Openfolio Shows How Your Investing Stacks Up" (in en). https://www.forbes.com/sites/tomgroenfeldt/2015/02/10/openfolio-shows-how-your-investing-stacks-up/.
- ↑ Anderson, Tom (5 January 2017). "Most Investors Didn't Come Close to Beating the S&P 500" (in en). https://www.cnbc.com/2017/01/04/most-investors-didnt-come-close-to-beating-the-sp-500.html.
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