Chart.ly Already Featured In Both TechCrunch & Mashable & How It All Started
Posted by Timothy Sykes on Sat 25th of Apr, 2009 01:25:17 PM
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As I posted the other day, Chart.ly just debuted yesterday and yet its already gotten some bigtime press due to all its potential…
Check out Mashable’s take:
A business built on top of a business built on top of Twitter? That’s what Chart.ly, a TwitPic for stock market investors of sorts, is launching today. The service is designed as an add-on for stocktwits, the investment community built around Twitter users appending stock symbols (i.e. - $GOOG) to their tweets.
chart.ly lets users upload stock market charts – which are the lifeblood of many traders –and share them via Twitter with a shortened Chart.ly URL. When you upload a chart, chart.ly lets you include the stock symbol, some tags, and the tweet you’d like to send out. These tweets are then simulcast to the StockTwits community, which sorts all tweets about specific stocks (so, for example, you can see all tweets about $GOOG, the stock symbol for Google, in the same place).
The site was built in partnership with stocktwits, who actually owns the code. stocktwits investor Howard Lindzon endorses the service on the front page - “Behold… chart.ly for stocktwits! Sharing stock charts has never been easier.”
The big thing the site needs is its own charting tool, and that will be launched in the next couple weeks, chart.ly creator Adarsh Dilip tells me. In the meantime, Dilip suggests using sites like bigcharts.com to generate the chart, and chart.ly to upload and share on twitter and stocktwits. Ultimately, chart.ly fills a need within the Twitter ecosystem (for a clientele with money, no less), and should benefit from the continued growth of Twitter and stocktwits.
It was only a matter of time before an app was was built to support another app that was built for Twitter. chart.ly is a stock charting app to be used directly in conjunction with another Twitter app, stocktwits. chart.ly lets Twitter users upload and share stock charts via Twitter and stocktwits. It’s kind of like TwitPic for stock charts.
chart.ly lets you upload a chart of a particular stock with stock symbol and tags, and lets you include a tweet about the chart. This is then broadcast to your Twitter account and to stocktwits, which is a community for Tweets about stocks and investments. You can also see the most popular charts that have been uploaded on the chart.ly site.
chart.ly has collaborated fully with stocktwits. In fact, stocktwits and chart.ly creator Adarsh Pallian share ad revenue from chart.ly (stocktwits owns 80% and Pallian owns 20% equity and revenue share).
The frustrating part about the site is that it doesn’t let you create charts for stocks—you have to generate a chart independently and then upload it onto the site. You can get a stock chart from sites like Finviz.com or Wikinvest.com and then upload, but it would be easier to do everything in one place. Pallian says that the site is going to launch the ability to create your own chart within chart.ly and tweet about it directly in the next few weeks.
Both decent articles, some things they got wrong, but this is just the beginning, all will be revealed soon, stay tuned….
Funny to look back and see how it all started with this simple email from me to Pallian:
whatcha think about having a page where everyone can upload charts they’re interested in with a small tweet attached and it’ll be exactly like foodgawker…except put in ads every few boxes?
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