Jim Cramer believes that LinkedIn’s valuation is way too high. He said that Linked’s valuation is a mockery towards Netflix. Cramer compared LinkedIn’s valuation to TheGlobe.com and he said that he was in the same position as LinkedIn in terms of doing “sliver deals” through TheStreet.com. Cramer believes that the government should step in and stop the “sliver deals.”
Financial media company TheStreet.com, Inc. (NASDAQ:TST) announced today that Christopher P. (Woody) Marshall has been appointed as the Chairperson of the company. Marshall is replacing Jim Cramer for the position. Cramer will remain on the board of directors. Below is the full press release:
TV show South Park recently made a parody of Facebook and Jim Cramer at the same time. In this case Eric Cartman related Facebook friends to stocks. Apparently if you have Kyle Broflovski as your friend, your stock will go down. Check out the video below: [AllThingsD]
Daryl Otte became the interim CEO at TheStreet.com after Thomas Clarke left, but now he has been named the permanent CEO. Otte was director at TheStreet.com since about 2001 and was a founding partner at Montefiore Partners.
As a Director TheStreet.com, Otte made about $111,000 in 2008, $126,000 in 2007, and $90,483 in 2006. TheStreet.com was founded by Jim Cramer, the financial TV personality that was embarrassed by Jon Stewart.
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