Geezeo Takes a Walk on The Sunny Side of TheStreet.com

Published: April 24, 2008, 11:52 am

Tags: boston, kendall square blog, finance, web 2 0, social networking, geezeo

Finance, Web 2.0, Social Networking Wade Roush wrote: TheStreet.com, the investment news site headlined by famously loud-mouthed CNBC host Jim Cramer, said today that it’s making a strategic investment of its own in Framingham, MA-based Geezeo, the personal-finance website we profiled last August. TheStreet.com is putting $1.2 million into Geezeo in return for a 13 percent stake in the company, and has the option to buy the entire company for $12 million anytime in the next year. Geezeo provides what I called “personal finance tracking for people who don’t buy personal finance software”—meaning 18-to-34-year-olds who need some way to manage their checking, credit, and retirement accounts but aren’t likely to buy Intuit’s Quicken, Microsoft Money, or the other boxed software packages for money management. But Geezeo is more than just a Web-based software service—it also provides social networking opportunities so that users can

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