TheStreet.com
From Wikipedia, the free encyclopedia
TheStreet.com NASDAQ: TSCM is a financial company and website started in 1996 by Jim Cramer and registered on the NASDAQ Stock Market. Its headquarters is at 14 Wall Street in New York City.
After completing its initial public offering in May 1999 (under the direction of past Chairman and Chief Executive Officer Kevin English) , TheStreet.com weathered the bursting of the Internet bubble in 2000 and the terrorist attacks on the World Trade Center in 2001.
Jim Cramer, who is a board member of TheStreet.com, remains one of the company's commentators, but has been joined by a host of other notables, including former Major League Baseball star Lenny Dykstra and World Wrestling Entertainment (WWE) commentator John Layfield (JBL).
Under the direction of Thomas J. Clarke, Jr., TheStreet.com's chairman and CEO, the company reported its first annual profit in 2005. TheStreet.com began originally as one web site, but has expanded to include 14 consumer services, many of which are offered only through subscription.
TheStreet.com is still best known for its free, flagship site, and the direct, in-your-face tone of some of its journalists and contributors. Dave Kansas helped to build the news organization from its infancy since September 1996 and became editor-in-chief in April 1997. Kansas has has directed the opening of the San Francisco bureau and also sat on the board of TheStreet.com.[1] In July 2001, David J. Morrow, a former New York Times reporter, joined TheStreet.com as its editor-in-chief upon Kansas's departure.
[edit] Company Challenges
One of the biggest problems TheStreet.com faces is being able to survive on its own without Jim Cramer. Many investors worry about the over-dependence of TheStreet.com on Jim Cramer[2], who promotes TheStreet.com on his TV show Mad Money as well as being one of the main contributors to TheStreet.com's paid subscription and free content.
[edit] References
- ^ TheStreet.com Guide to Smart Investing
- ^ Blodget, Henry. (9-11-07) For Sale: TheStreet.com http://www.alleyinsider.com/2007/09/for-sale-thestr.html. Retrieved 1-4-08.

