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Fantasy Investing Site The UpDown Launches

Thursday, September 06, 2007 5:00:00 AM PDT | VentureDeal Staff

CAMBRIDGE, MA -- The UpDown.com, a fantasy investing web site, was launched today by three current Harvard University students, Michael Reich, Georg Ludviksson and Phuc Truong.

The site is designed to be a destination for investors to "collaborate and compete" using virtual portfolios and real-life brokerage simulations.

Using social networking and the chance to make real money based on performance, the site's concept is to create community insights from the results of trading activity.

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