You Can Invest Alongside One of the Savviest Tech Players of All Time
June 23, 2020 at 05:00 AM EDT
Lots of folks know Kevin O'Leary as the host of the long-running ABC reality show, "Shark Tank." Go-getting entrepreneurs pitch their business ideas to O'Leary and a panel of industry "sharks" - successful heavy hitters who'll invest in ideas they like. If you think that's cool, wait till I tell you about O'Leary's "day job." He's a world-class tech investor with a special emphasis on web-related firms. I'm not telling you this to impress you, impressive as it is. What you need to know is O'Leary runs an investment vehicle that anyone can use to invest in the companies he likes. His track record speaks for itself: He's doubled the market for years on end. Now you can, too. This Is a Shark You'll Want to Swim With O'Leary's interest in computing goes all the way back to 1986. That's when he started a company called SoftKey in a Toronto basement. The firm specialized in collecting educational software and distributing it on CD-ROMs. By the early 1990s, SoftKey had become one of the biggest players in educational software. It acquired competitors such as WordStar, and in 1995, it bought The Learning Company for $606 million. That became its name until toy giant Mattel Inc. acquired it for $4.2 billion. Shortly after, O'Leary cashed out. Nowadays, of course, CD-ROMs are practically museum pieces. Software is now downloaded from the Web, and often runs on the Cloud instead of only on the user's computer. Which brings us to O'Leary's most recent venture... Full Story The post You Can Invest Alongside One of the Savviest Tech Players of All Time appeared first on Money Morning - We Make Investing Profitable . Which brings us to O'Leary's most recent venture... Tags: Technology Article To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.