MainStreet.com
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| Type of business | Public |
|---|---|
| Traded as | NASDAQ: TST |
| Founded | 1996 |
| Headquarters | 14 Wall Street New York City, New York, United States |
| Key people |
James Cramer (Co-Founder) Larry Kramer (Chairman) David Callaway (CEO) Tara Murphy (Managing Editor, TheStreet.com) Jeff Kanige (Creative Director, The Deal) Eric Lundberg (Chief Financial Officer) Stefan Chopin (Chief Technology Officer) |
| Industry | Broadcast media |
| Products | Online publishing |
| Employees | 800 (2015) |
TheStreet, Inc. is an American financial news and services website founded by Jim Cramer and Martin Peretz.
TheStreet, Inc., (formerly, TheStreet.com, Inc.) was co-founded in 1996 by Jim Cramer and Martin Peretz. The company is headquartered at 14 Wall Street in New York City. Its stock went public in May 1999 under the direction of past Chairman and Chief Executive Officer Kevin English and former Chief Financial Officer Paul Kothari.
Under the direction of Thomas J. Clarke, Jr., TheStreet's former chairman and CEO, the company reported its first annual profit in 2005. Jim Cramer became chairman in October 2008. Daryl Otte, a long-time company director, became CEO in May 2009 after the resignation of the former CEO. Otte is the founding partner of Montefiore Partners, a venture capital investment fund management firm, and a former executive at media company Ziff Davis On March 7, 2012 TheStreet announced that Elisabeth DeMarse was hired as CEO and president, replacing outgoing CEO Daryl Otte.
Beginning as a single web site, TheStreet, Inc. expanded and now publishes consumer Web sites MainStreet.com, Stockpickr, and Bankingmyway.com. In addition to news and financial analysis, TheStreet, Inc. also provides subscription investor services like RealMoney RealMoney Pro, Breakout Stocks, Stocks Under $10, OptionsProfits, Chat on TheStreet, The Daily Swing Trade, Top Stocks, TheStreet Ratings and Action Alerts Plus, run by Jack Mohr.
In 2007, TheStreet, Inc. bought Stockpickr.com, Rate Watch and BankingMyWay. In 2008, TheStreet, Inc. purchased a 13 percent stake in Geezeo.com, the Boston-based online management tool, with an option to purchase the company.
TheStreet's features include: The Five Dumbest Things on Wall Street This Week; Street Whispers, and The Digital Skeptic. Dave Kansas became editor-in-chief in April 1997. Kansas also opened a San Francisco bureau and sat on the board of TheStreet, Inc. In July 2001, David J. Morrow, a former New York Times reporter, joined TheStreet, Inc. as its editor-in-chief upon Kansas's departure. Glenn Hall, a former news manager at Freedom Communications (The Orange County Register) and Bloomberg News, replaced Morrow in August 2009. William Inman, former Bloomberg News Editor, replaced Glenn Hall as Editor-in-Chief in March 2012. Janet Guyon, from Fortune and The Wall Street Journal, joined in April 2014 to replace William Inman. Jim Cramer remains one of the company's commentators.
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Wikipedia