Stockpickr: The Controversial Deal That Built A $10 Mil Company – with James Altucher

James Altucher, Stockpickr, Failure, Sell Your Business, Traffic

When James Altucher made a daring deal to give TheStreet.com 50% of his unlaunched business, a star employee was so shocked that he quit.

The guy had no idea that this crazy-sounding deal would generate millions of hits for Stockpickr, the investment advice site which was launched on a shoestring, and lead to a lucrative sale in under a year.

James is a much better storyteller than I am, so I won’t spoil the story for you by revealing the deal here, but I promise you’ll love it. Grab the interview now.

James Altucher

Stockpickr

James Altucher is an entrepreneur and venture capitalist who has launched and sold three separate businesses, including Stockpickr. Of course he does this in addition to daytrading, futures trading, arbitrage, value investing, private equity investing, and whatnot. He’s also an amazing writer.

 

Before we get started, have you seen these? Here’s a box on Wistia, there’s another box on inDinero’s website, they’re all over the place. They’re from this company: Olark. Here’s another one. And the reason these companies have that box up on their website is so their customers can have chats with them in real time. Now, imagine what a confused customer is going through, and the frustration they’re having with the website. And then, boom! They have the ability to chat with the founder, with someone at the company who cares and can help them. Beyond solving their problem and giving you a way to help your customers, it’ll also give you insight into what your customers are going through when they’re on your site, in real time. Olark. I’m making you aware of them so you’ll add them to your website and be able to give your customers incredible support, and so you can learn from them. Once you hear about Olark,...

Continue reading the transcript...