Who founded The Motley Fool and when was it launched?
David Gardner and Tom Gardner launched The Motley Fool in Alexandria, Virginia during July 1993. They invited Todd Etter and Erik Rydholm to join them as co-founders of this private enterprise.
Questions about The Motley Fool
Short answers, pulled from the story.
What is the origin story behind the name The Motley Fool?
The founders chose the name from William Shakespeare's comedy As You Like It. A court jester character in that play could speak truth to the Duke without losing his head.
How did The Motley Fool respond to the dot-com bubble burst in 2001?
The company removed eighty percent of its staff across three separate rounds of layoffs during 2001. In February 2002, The Motley Fool shifted to a subscription-based business model with their Stock Advisor program.
When did The Motley Fool release its mobile game Investor Island?
On the 17th of September 2019, the Motley Fool released its mobile game Investor Island. This launch occurred alongside other expansions including Millionacres which offers subscription-based real estate investing advice.
Why did The Motley Fool advocate for Regulation Fair Disclosure in 1999?
Representatives testified before Congress against mutual fund fees and supported fair financial disclosure during discussions about the Enron scandal. Two-thirds of the letters received by the Securities and Exchange Commission came from Fools according to former SEC chairman Arthur Levitt.