If the analysis was high quality and received enough reception, professionals could also be paid for their write-ups. Jackson built a service that allowed professionals to contribute their own analysis. Until that point, most readily available research was generated by sell-side analysts such as investment banks, which often had no skin in the game and wouldn’t suffer if their recommendations were poor. Founder David Jackson, a former Wall Street analyst, saw the gap in buy-side research. The site’s approach to stock recommendations takes a different route. Seeking Alpha was founded in 2004 and is the newer of the two.
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