UpDown has crossed the important 100,000 member milestone!  It’s been a rewarding journey since UpDown launched over a year ago.  Welcome and congratulations to our 100,000th member, fopso01!

I am thankful to all members who have contributed to our fast growth by inviting many of their friends -  moolanomy, lordelrond, darrenpa24, and aminash have invited the most.

We’re looking forward to improving the site and to adding exciting new features to make UpDown the best site to practice investing!

Michael, Co-Founder

With the election season upon us, we thought it would be fun to form Updown.com online investment groups for Democrats and Republicans to see who the better investors are. The intention of the groups is to invest a portfolio according to the principles and policies of each party, and see which ends up with higher return.

So far the Republicans are up slightly. The race is as tight as Obama vs. McCain.

If you’re interested in joining, follow these links for the groups:

Demoratic Party Investing Group

Republican Party Investing Group

Joe Ranft, VP Product & Design, My UpDown Profile

We’re excited to announce closing a $1M funding round with our angel investor Joachim Schoss, who also invested in prior rounds. He invested $750K in UpDown in January 2008.

The investment will help us improve UpDown.com in the coming weeks and continue to establish it as the best stock market game and source of stock tips on the web.

Joachim, thank you for your continuing support from the UpDown team!

Michael

e launched UpDown.com in the fall of 2007 live on CNBC with the goal of helping you improve your investing skills with no risk of financial loss. Since then, we have created a platform where you can manage a virtual portfolio, compete and collaborate with thousands of talented investors, and earn real money.

We have come a long way since our start less than one year ago, but we still have much farther to go to maximize the full potential of UpDown for you. We are working hard every day to make your investing experience on UpDown more comprehensive, more transparent, and even more profitable for you.

Today, we are launching the UpDown Blog to improve communications between you and us, The UpDown Team. We believe that the blog is the most effective way for us to respond to your requests for how to make UpDown better. Also, you will be able to discover and comment on UpDown news and on the latest features of the site.

Please leave your feedback here and join us for interactive discussions in the UpDown.com Group. We are very excited to hear from you!

The UpDown Team