Openfolio
Blue tile with a lowercase letter O in the center | |
Type of site | Investment network |
|---|---|
| Headquarters | New York City, USA |
| Key people | Hart Lambur (Co-Founder) Yinon Ravid (Co-Founder |
| Website | openfolio.com |
| Alexa rank |  231,952 (January 2015[update])[1] |
| Launched | August 6, 2014 |
Openfolio was founded by Hart Lambur and Yinon Ravid in November 2013.[2] Openfolio is a consumer internet financial technology company. The service launched in public beta on Openfolio.com in August 2014 [3] 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".[3][4]
The service is a network that allows users to share the contents of their investment portfolios. Investments are shared without dollar amounts, only percentages.[5] 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%.[6]
See also[edit]
References[edit]
- ↑ "Openfolio.com Site Info". Alexa Internet. Retrieved 2014-09-24.
- ↑ "This NYC Startup Brings the Sharing Economy to Personal Investing - AlleyWatch". AlleyWatch. 2015-02-03. Retrieved 2018-05-17.
- ↑ 3.0 3.1 Libby Kane (2014-08-06). "This Startup Wants To Be The Yelp Of Investing". Retrieved 2014-08-06.
- ↑ Mercadante, Kevin (1 December 2014). "Openfolio Review - The Power of Social Investing". Investor Junkie. Retrieved 5 December 2019.
- ↑ Groenfeldt, Tom (10 February 2015). "Openfolio Shows How Your Investing Stacks Up". Forbes. Retrieved 5 December 2019. Unknown parameter
|url-status=ignored (help) - ↑ Anderson, Tom (5 January 2017). "Most Investors Didn't Come Close to Beating the S&P 500". CNBC. Retrieved 5 December 2019. Unknown parameter
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