Cake Financial

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Template:Short description Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". Cake Financial was an American web-based financial services social network for individual investors allowing members to share their real stock portfolios and performance with other members.

History

The site was introduced publicly on 17 September 2007, at the TechCrunch40 Conference,[1][2][3] by Founder and CEO, Steven Carpenter. The company also had a Cake Investment Club application on Facebook.[4] Cake had generated media coverage from a number of financial news outlets such as Forbes,[5] Kiplinger,[6] BusinessWeek[7] and Barron's.[8] Cake was backed by Alsop Louie Partners, as well as from angel investors.[9] The company was located in San Francisco, California.

As of 14 January 2010, the site discontinued operations and it was announced that it had been acquired by E*Trade.[10]

See also

References

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