Archive for the ‘Uncategorized’ Category

Ticker, new home page, and design update

Wednesday, May 20th, 2009

We’ve just released an update to UpDown.com which included a new stock ticker, an updated home page, and an overall design improvement.

The stock ticker shows the stocks in your portfolio and watch list and stocks you’ve recently checked out on UpDown. The new home page that you see before logging in has more information on the market and what’s currently happening on UpDown.

Let us know what you think.

Michael

Still looking for a summer internship in finance?

Friday, April 3rd, 2009

I wanted to point out a great summer program for anyone interested in starting or advancing their Wall Street career: finance training plus a guaranteed finance internship.

First, you get to brush up your financial skills in a Three-week intensive finance training program covering accounting, consolidated financial statements modeling, mergers and acquisitions modeling, leveraged buyouts and valuation.

Then, you get to apply them in the real world during a Guaranteed four-week internship at a premier private equity or venture capital fund.

Up to 15 qualified candidates will be able to join this program this summer. UpDown members get a 5% discount.

Learn more here.

New Navigation and UpDown’s new Education Center

Tuesday, March 31st, 2009

In today’s release we have changed the UpDown navigation and have also given it a new look and feel.We’ve also released our new Education Center.

The goal of the new navigation is to make navigating the site easier and allow faster access to your portfolio. All the trading features (your portfolio, trading, the watch list, and your performance) can be found under the new navigation item “Trading“. The new “Community” section hosts information about other members, your friends, groups, and networks.

A substantial number of you have asked for more learning content. Today, we launch our Education Center which I hope will be a great resource for beginners and advanced investors. For now, it contains a glossary, an investing 101 section, and an overview of the services that different online brokers offer. You can also contribute by suggesting additional glossary terms or writing a review for your stock broker.

Let us know what you think.

UpDown member survey

Friday, March 13th, 2009

We recently asked some of you to complete a survey to get feedback on the the quality of the current site, how you use UpDown, and future functionality. We got great replies thank you to everyone who completed the survey for helping us make UpDown better!

We got a lot of interest for expanding the learning aspect of UpDown. Many of you are also interested in being able to trade options and forex on UpDown. We’re already working on some of the ideas you mentioned so stay tuned …

Out of 600 completed surveys, here are the winners of the itunes $20 gift cards (you will also receive a separate email):

semille2
wlingke
Delta_5
UnVraiRobillard3
amg800
gallfera531
leo0648
Frankky
bassettb
moneyman187
GKM
skidaddy
chocomog
jkag007
Moosle
spaceball1
venutijp
kaloko
Jproductions Corp.
sstrom61
TheMush
thatmanguy
hallmarp
jmnmic27
beezr15
Poundit
scrummy
rrfrith
JackFawRealz
Jognils
clee6
kzhang
Taxicr

Thank you again to everyone who participated!

Michael

UPDATED: Data Issues Affecting Portfolios, Contests, and Trading

Monday, October 20th, 2008

Well, we managed to fix the trades that were placed on bad quote data, but in the process, many users ended up with excess cash in their accounts.

Until we can fix this issue, we’re going to halt trading for only those users with the cash issues, so that they do not trade with it.

Obviously, having extra cash in a portfolio improves performace numbers, which is why you see members in contests and the site in general with much higher gains than usual.

Please e-mail me directly if you have any questions about his issue: joe@updown.com.