By Miiko Mentz

U.S. stocks have hit the lowest point in five years and fear-stricken investors are in a panic, but despite the downturn, there’s a new startup, still in private beta, aiming to breathe new life into the stock market by helping people understand it better. WeSeed is built around a community aimed to help consumers learn about various stocks in different market segments. If you love tech or fashion, WeSeed community members help you learn more about the companies and stocks in these industries.

“If you have a passion for technology, fashion or food, we’re going to help you turn that passion into understanding the stock market and getting real stock ideas,” said Jennifer Openshaw, president and co-founder of We Seed. “Everyone is scared of dealing with money issues, so what we’re trying to do at WeSeed is help you overcome it.”

WeSeed could bring a new crop of investors into the stock market, and given that stock prices have fallen, the upshot is that they are now cheap. People who are not scared off by the current market conditions and are looking to jump into the stock market for the first time can buy at low prices. Of course, prices could fall even lower.

If you’re interested in learning about new companies and stocks in the industries that you are passionate about, then WeSeed might be the community for you. And if you’re interested in being part of the beta test group, send an email to betatesters(at)weseed(dot)com with “BUB: Beta Tester” in the subject line. And if you do check it out, come back and let us know what you think.

Bub.blicio.us Reporter Ashley Biever caught up with Openshaw at Blog World Expo in Las Vegas last month to find out about the upcoming launch of WeSeed and how WeSeed is “the stock market for the rest of us.” Check out our interview with Openshaw.

About the Author:

Miiko Mentz

Discussion

    no imageAllan (Who am I?)10 October 2008 6:04 pm

    There are a ton of startups that try to leverage social media and a community to help people understand the stock market and investing in general. And what about the recent market turmoil? It will definitely dampen any “retail” interest in the markets.

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    3.5 (1 person)
    no imageChase (Who am I?)20 October 2008 11:38 am

    Thanks for the article and interview it helped spread the word of our website. Jennifer Openshaw had a great time meeting Ashley. The article by Mikko was exciting for the team at WeSeed because it did a great job portraying what we are trying to accomplish. We look forward to seeing the Bub.blicio.us staff again as new and exciting things develop at WeSeed.com. On behalf of the team thanks again!
    Chase and the WeSeed team

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    2.5