The Deal
Tuesday, November 24, 
8:48 pm

At last, the key to success

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In the course of praising TheStreet.com's acquisition of Stockpickr, Roger Ehrenberg discourses at some length about what makes the site special. For one thing, Stockpickr — which combines social networking and stock recommendations — was founded by James Altucher, who Ehrenberg describes as "a technology entrepreneur; a hedge fund manager; a widely published author" and, oh yeah, a "friend." But ambitious tech geeks searching for success in the Web 2.0 world will be most interested in Ehrenberg's prescription for glory:

All that remains is for smart, insightful, dedicated entrepreneurs to develop new, relevant vertical apps and for the large strategic acquirers to get with the program and get busy extracting maximum value from the Internet.

That's all it takes: Be smart. Be persistent. And come up with a great idea. Who knew? —Jeffrey Kanige


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