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Web 2.0 - Monday, April 30, 2007

Stock Pick Widget Maker Jambaz Launches/Gains Seed Funding

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Luxembourg-based Jambaz has launched its stock picking widget, with seed investment help from Mangrove Capital, which has in the past invested in other Web 2.0 companies like Brickfish, Piczo, and Properazzi.

Jambaz concept it to take the wisdom of crowds regarding stock movements and turn it into a game.

CEO is Roberto Bonanzinga who is a board adviser at Piczo and Pageflakes and who has a telecom background.

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We think this is a good area to mine. The Street.com recently bought out Stockpickr and we think that any company that can make headway with finance focussed social networking can find value as advertisers are so interested in this audience.

Read - Jambaz Launches Stock Game Widget
Read - Technically Speaking

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