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Website: http://www.theupdown.com/

The UpDown is a new investing social network with a slightly different take on investment communities. Founded by three Harvard Business School students, UpDown users are able to invest a simulated portfolio starting with $1 million and are paid based on their ability to consistently out-perform the S&P 500. Also, those users who refer a friend pick up 10% of any earnings that friend achieves.

Address: Camebridge, MA

Founded: 2007

Employees: 3

Industry: Consumer Internet

Sub-Industry: Other Consumer Internet

Ownership: Private

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Management

Board of Directors

Michael Reich [x]

Date	Type	Capital Amount	Post-Money Valuation	Investors
07/2007	Seed	Unknown	Unknown	Joachim Schoss

Name:	The UpDown
Product URL:	http://www.theupdown.com/
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Last Edit:

11/07/2008 02:31PM by milo3th

History:

v10 > v9 > v8 > v7 > v6 > v5 > v4 > v3 > v2 | See all versions

User Opinions

Bullish Opinions (6)	Author/Date
fun fun fun till I lose all my money Add Comment	tommyb 12/02/2008	100% 1 vote 1 0% 0
With the market down people may want to try new trading methods w/o the risk Add Comment	roundturtle 11/07/2008	100% 1 vote 1 0% 0
Cool way for newbies to get stock market practice Add Comment	yoda 07/03/2008	100% 1 vote 1 0% 0
Recent increase in traffic. Add Comment	kenny 06/12/2008	100% 1 vote 1 0% 0
Innovative idea Add Comment	kenny 06/12/2008	100% 1 vote 1 0% 0
All play no risk for real money. Other sites do similar things with no chance for reward. Add Comment	roundturtle 06/03/2008	100% 1 vote 1 0% 0