Press Releases
ThinkEquity Thinks Big with ThinkBlog
First Ever Investment Bank Firm to Implement Blog as Cutting-Edge Equity Research Tool.
San Francisco, CA - February 17, 2005 — ThinkEquity LLC is unleashing its focus towards identifying the "stars of tomorrow" into the world of blogging.
With the launch of ThinkBlog (http://blog.thinkequity.com), ThinkEquity now offers anyone interested in 'the growth economy' access to original and unfettered thought leadership in the equity research world today.
Led by Co-Founder and CEO of ThinkEquity, Michael Moe, ThinkBlog will pave the way for a provocative combination of insight and information resident within ThinkEquity's analysts and management team.
"ThinkEquity views blogs as a major potential enhancement for Wall Street research," said Mr. Moe. "Effectively, blogs are a component of the 'open source' phenomena that is sweeping the technology industry. We view 'open source' research as an innovative way to gain better information and insight about the growth economy."
Called "reality media" by Red Herring Founder Tony Perkins, blogs are changing the way investors receive and react to information. According to a recent study from the Pew Internet & American Life Research Study, blog readership grew by 58 percent in 2004. Additionally, the study showed that 27 percent of all 120 million adult Internet users accessed a blog last year, 12 percent of those users posted comments and 7 percent created their own blog site.
Perhaps the most interesting fact that came from the study is that only 38 percent of all Internet users even knew what a blog was - leaving the majority of adult Internet users in the dark when it comes to "blogging." ThinkEquity will leverage the massive potential in order to educate and to lead this expanding marketplace.
"ThinkBlog is leading the revolution in our industry," said Mr. Moe. "With the NYSE making a play to extend trading hours to foster European investments, real-time insightful intelligence on the ever-changing landscape of the marketplace will be paramount. We are the first Investment Bank to launch its own blog creating real-time, dynamic exchange with bloggers from the worlds of business, technology and investing. No other investment bank allows the level of access and communication between the readers of its blog and the employees of the firm."
ThinkEquity Contact:
Janet Faleski
Managing Director
T: (212) 468-7083
E: jfaleski@thinkequity.com
About ThinkEquity LLC
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, and Chicago. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise, and people. www.thinkequity.com