TheStreet

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US financial news and financial literacy website

title: "TheStreet" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["1996-establishments-in-new-york-(state)", "1999-initial-public-offerings", "2019-mergers-and-acquisitions", "american-financial-news-websites", "companies-formerly-listed-on-the-nasdaq", "dot-com-bubble", "finance-websites", "internet-properties-established-in-1996", "online-mass-media-companies-of-the-united-states"] description: "US financial news and financial literacy website" topic_path: "economics" source: "https://en.wikipedia.org/wiki/TheStreet" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary US financial news and financial literacy website ::

::data[format=table title="Infobox website"]

FieldValue
nameTheStreet, Inc.
logo[[Image:The-Street Corporate-Logo black.jpg
company_typeSubsidiary
foundation
locationNew York City, U.S.
founderJim Cramer
Marty Peretz
key_people
industryPublishing
productsFinancial literacy website
parentThe Arena Group
homepage
::

| name = TheStreet, Inc. | logo = [[Image:The-Street Corporate-Logo black.jpg|200px|TheStreet.com]] | company_type = Subsidiary | foundation = | location = New York City, U.S. | founder = Jim Cramer Marty Peretz | key_people = | industry = Publishing | products = Financial literacy website | parent = The Arena Group | homepage = TheStreet is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as TheStreet Pro, a stock recommendation portfolio managed by Chris Versace. TheStreet was founded by Marty Peretz and Jim Cramer, and the site boasted numerous notable former contributors, including Aaron Task, Herb Greenberg, and Brett Arends.

History

20th century

TheStreet, Inc., formerly TheStreet.com, Inc., was co-founded in 1996 by Jim Cramer and Marty Peretz. It became a public company via an initial public offering in May 1999, under the direction of former CEO Kevin English and former CFO Paul Kothari.

Dave Kansas became editor-in-chief in April 1997. Kansas also opened a San Francisco bureau and was a member of the board of directors.

In 1999, at the peak of the dot-com bubble, the market capitalization of the company was $1.7 billion. Indeed, on May 5, 1999, the day of its IPO, the stock went from $19 a share to as high as $73 a share. The stock settled at $59 on its first day of trading.

21st century

In July 2001, David J. Morrow, a former reporter for The New York Times, 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. Janet Guyon, from Fortune, The Wall Street Journal, Bloomberg, and Investopedia replaced William Inman in April 2014.

Under the direction of former chairman and CEO Thomas J. Clarke Jr., the company reported its first annual profit in 2005. Jim Cramer became chairman in October 2008 and served until 2011.

Daryl Otte, a long-time company director, became CEO in May 2009 after the resignation of the former CEO, Thomas Clarke. 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, Elisabeth DeMarse was hired as CEO and president, replacing outgoing CEO Daryl Otte.

In April 2007, the company acquired Stockpickr.com.

In August 2007, the company acquired Corsis, including Promotions.com, for $20.7 million. It was sold to management for $3.1 million in December 2009. Executives of the company were later accused of inflating revenues and paid penalties to the U.S. Securities and Exchange Commission.

In November 2007, the company acquired BankingMyWay and RateWatch. In 2008, the company acquired a 13% stake in Geezeo.com, a Boston-based online management tool, with an option to purchase the entire company.

In September 2012, the company acquired The Deal LLC, a media company that covers mergers and acquisitions. The site was sold in February 2019. In April 2013, TheStreet Inc. acquired financial newsletters The DealFlow Report, which covers microcap stocks, including initial public offerings and private placements, and The Life Settlements Report, which focuses on life insurance settlements, as well as the PrivateRaise database.

In November 2014, the company acquired BoardEx for $22.5 million. BoardEx was sold in December 2018.

In June 2016, David Callaway left USA Today to become CEO of TheStreet.com.

In June 2018, the company sold Rate Watch to S&P Global for $33.5 million.

In February 2019, the company sold The Deal and BoardX for $87 million. David Callaway left as CEO and was replaced by Eric Lundberg.

In August 2019, the Maven acquired the company for $16.5 million. The company also partnered with Sports Illustrated Fantasy to launch Bull Market Fantasy with Jim Cramer, a channel offering insights, analysis and tips for winning fantasy sports leagues.

During the 2020 COVID-19 pandemic in the United States, TheStreet received between $5 million and $10 million in federally backed small business loans from JPMorgan Chase Bank as part of the Paycheck Protection Program. The company stated the loans would allow it to retain 15 jobs.

In 2021, theMaven rebranded itself as The Arena Group.

In April 2024, Todd Campbell was appointed Deputy Managing Editor of TheStreet.

In March 2025, Todd Campbell and Daniel Kline were appointed co-Editor in Chief.

International activities

In December 1999, TheStreet entered an agreement with the Israeli newspaper publisher Haaretz, to invest $2.25 million in exchange for a 25% stake in TheMarker, a new business news website in Hebrew and English. According to the investment agreement, TheStreet.com published selected news and articles on Israeli technology companies from the TheMarker site, and in exchange, TheMarker published selected news and articles from TheStreet.com. Following the burst of the dot-com bubble, the investment in TheMarker was fully impaired.

In February 2000, TheStreet launched a United Kingdom edition, thestreet.co.uk;. It withdrew funding after nine months and the UK edition closed in November 2000.

References

References

  1. "Welcome to TheStreet Pro". TheStreet.
  2. "TheStreet Pro". TheStreet.com.
  3. Kuhn, Daniel. (April 22, 2019). "What Investors Need to Know About Oil, Halliburton and Earnings".
  4. (July 14, 2023). "RealMoney".
  5. SEITZ, PATRICK. (March 9, 2015). "10 relics of the dot-com era trading well below their old highs". [[Investor's Business Daily]].
  6. Rewick, Jennifer L.. (April 3, 2000). "TheStreet.com Stock Swoons As Financial Chief Departs". [[The Wall Street Journal]].
  7. Gamerman, Ellen. (July 21, 2000). "Wall Street bullish on nation's future". [[The Baltimore Sun]].
  8. "TheStreet.com Guide to Smart Investing".
  9. Hammond, Ed. (December 4, 2014). "Activist urges Cramer to sell TheStreet". [[Financial Times]].
  10. (March 14, 2012). "William Inman Named Editor-in-Chief of TheStreet". [[GlobeNewswire]].
  11. (April 24, 2014). "Janet Lynne Guyon Appointed as Editor in Chief of TheStreet.com". [[PR Newswire]].
  12. (October 29, 2008). "TheStreet.com Posts Loss, Names Jim Cramer Board Chairman". TheStreet.com.
  13. Potkewitz, Hilary. (March 13, 2009). "Street.com CEO quits after Cramer's TV flameout". [[Crain Communications]].
  14. (May 19, 2009). "TheStreet.com Appoints Daryl Otte New Chief Executive Officer". [[Business Wire]].
  15. (May 19, 2009). "TheStreet.com Names Daryl Otte CEO". TheStreet.com.
  16. (March 7, 2012). "Elisabeth DeMarse Named CEO and President of TheStreet". [[PR Newswire]].
  17. Baron, Michael. (March 7, 2012). "TheStreet Hires Elisabeth DeMarse as CEO". TheStreet.com.
  18. (April 25, 2007). "TheStreet.com Acquires Stockpickr.com". [[Business Wire]].
  19. (August 2, 2007). "TheStreet.com Acquires Corsis, Including Promotions.com". [[Business Wire]].
  20. McAuley, Erin. (December 19, 2012). "TheStreet Deals With SEC on Accounting Fraud". [[Courthouse News Service]].
  21. (November 2, 2007). "TheStreet.com Acquires BankingMyWay and RateWatch to Provide Best Bank Rates Online". [[Business Wire]].
  22. (April 24, 2008). "TheStreet.com Invests in Geezeo". TheStreet.com.
  23. Saba, Jennifer. (September 12, 2012). "TheStreet buys mergers and acquisitions publication The Deal".
  24. Baron, Michael. (September 12, 2012). "TheStreet Acquires The Deal for $5.8 Million". Thestreet.com.
  25. (February 14, 2019). "TheStreet, Inc. Completes Sale of its Institutional Business". [[PR Newswire]].
  26. (April 22, 2013). "TheStreet Acquires The DealFlow Report, The Life Settlements Report and PrivateRaise Database". [[PR Newswire]].
  27. (April 22, 2013). "TheStreet Acquires DealFlow Media". TheStreet.com.
  28. (November 3, 2014). "TheStreet Completes Acquisition of BoardEx". [[PR Newswire]].
  29. (December 6, 2018). "TheStreet sells B2B business units to Euromoney for $87.3 million".
  30. Yu, Roger. (June 9, 2016). "USA TODAY editor Callaway leaving to become TheStreet CEO". [[USA Today]].
  31. (June 20, 2018). "S&P Global to Acquire RateWatch". [[PR Newswire]].
  32. (June 20, 2018). "TheStreet Announces Sale of RateWatch to S&P Global for $33.5 million". [[PR Newswire]].
  33. (February 14, 2019). "TheStreet Closes $87 Million Sale of TheDeal and BoardEx". TheStreet.com.
  34. (August 8, 2019). "Maven Closes Acquisition of TheStreet, New Jim Cramer Deal Announced". [[Business Wire]].
  35. (August 22, 2019). "Jim Cramer and TheStreet Launch Bull Market Fantasy Channel on Maven". [[Business Wire]].
  36. (7 July 2020). "THESTREET, INC - Coronavirus Bailouts - ProPublica". ProPublica.
  37. Matt Townsend. (7 July 2020). "Owner of TheStreet, Site Founded by Jim Cramer, Taps Small-Business Loans". Washington Post.
  38. (20 September 2021). "Maven Rebrands as The Arena Group, Expanding Business Strategy Around Consumer Media Verticals Anchored by Flagship Brands". BusinessWire.
  39. Staff, TheStreet. (2025-07-20). "TheStreet authors".
  40. "Form 10-K Thestreet, Inc. 10-K - Annual report - Period Ending In: 1999-12-31".
  41. "Form 10-K Thestreet, Inc. 10-K - Annual report - Period Ending In: 2001-12-31".
  42. (2000-02-15). "TheStreet.co.uk launches with major dotcom campaign".
  43. Matthew, Broersma. (2000-11-17). "TheStreet.co.uk shuts its doors".

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

1996-establishments-in-new-york-(state)1999-initial-public-offerings2019-mergers-and-acquisitionsamerican-financial-news-websitescompanies-formerly-listed-on-the-nasdaqdot-com-bubblefinance-websitesinternet-properties-established-in-1996online-mass-media-companies-of-the-united-states