James Altucher
James Altucher | |
---|---|
James Altucher | |
Born |
United States | January 22, 1968
Residence | New York, New York |
Alma mater |
Cornell University Carnegie Mellon University |
Known for | Entrepreneurship, blogging |
James Altucher describes himself as an American hedge fund manager, entrepreneur, best-selling author, venture capitalist, and podcaster.[1] He says he has founded or co-founded more than 20 companies, including Reset Inc. and StockPickr, and failed at 17 of them.[2]
Career
Altucher graduated from Cornell University with a bachelor's degree in computer science in 1989.[1][3] Altucher's first job after graduating was in the IT department of HBO. At one point, Altucher hosted an HBO program, III:am.[1]
In 1998, Altucher left HBO, sold Reset Inc. for approximately $10 million, and used the proceeds to fund new internet investments.[2] Altucher has said he began this period with $15 million and lost it all in two years, which led him to re-evaluate his approach to both business and life.[2] During this time, Jim Cramer of TheStreet.com hired him to write about stocks, and Altucher began trading for hedge funds.[1]
From 2002–2005, he traded for several hedge funds, and from 2004–2006, he ran a fund of hedge funds.[1]
In 2006, Altucher founded the financial social network StockPickr.[4] The website was named one of Time Magazine's 50 Best Websites of 2007.[5]
In 2017, he moved into advising on cryptocurrency investing,[6] despite having condemned Bitcoin in 2013 as "a fad, or a scam, or a ponzi scheme, or worse."[7]
Altucher was a seed investor in Buddy Media, which later sold to Salesforce.com for $745 million.[1]
On August 31, 2015, Altucher launched a new podcast with Stephen Dubner, co-author of Freakonomics, called Question of the Day, based on questions from Quora.[8]
Dan Dzombak of The Motley Fool named Altucher's book Choose Yourself among the 12 Best Business Books of All Time.[9]
References
- 1 2 3 4 5 6 Farzad, Roben. "James Altucher, Wall Street's Keeper of the Pain". Bloomberg. Retrieved 7 September 2012.
- 1 2 3 Campbell, Colin. "In conversation: James Altucher". Macleans.
- ↑ Kaufman, Sarah (10 September 2010). "Some say bypassing a higher education is smarter than paying for a degree". Washington Post.
- ↑ Dealbook (20 November 2007). "Before Stockpickr.com, a Hedge Fund Deal Not Done". New York Times.
- ↑ Murray Buechner, Maryanne (8 July 2007). "50 Best Websites 2007: Stockpickr". Time.
- ↑ Wolff-Mann, Ethan (18 January 2016). "Meet the man behind those 'bitcoin genius' ads all over the internet". Yahoo! Finance. Retrieved 2018-01-21.
- ↑ Mac, Ryan; Lytvynenko, Jane (18 January 2018). "Here's How Scammers Are Using Fake News To Screw With Bitcoin Investors". BuzzFeed News. Retrieved 2018-01-21.
- ↑ Max Willens (2015-08-31). "Freakonomics Radio's Stephen J. Dubner Talks About His New Podcast 'Question Of The Day'". Ibtimes.com. Retrieved 2016-08-19.
- ↑ Dzombak, Dan (6 November 2014). "12 Best Business Books of All Time". The Motley Fool.