When you bill yourself as "the first personal finance site of the post-crash era," it helps to have moxie, Teflon coating, and a media giant watching your back.
Moneywatch.com is all set for a springtime launch, but it may surprise you to learn that it's the handiwork of CBS
This is the same CBS that handed off its popular Marketwatch.com website to Dow Jones, which in turn succumbed to the amorous advances of News Corp.
This is the same CBS that just last month suspended the colorful Wallstrip series of market updates, which it had acquired a year earlier.
Launching a personal finance site during this "post-crash era" is either nuts or brilliant. There really is no in-between, so hop off that fence and take a side, my friend.
Critics will point to the media titan's spotty patience with money sites. This is also a very competitive niche. Even if it's initially skirting the stock-centric ways of equity jockey racecourses like TheStreet.com
Optimists will point to the opportunity to present a new platform at a time when jaded savers and investors can use a fresh perspective. It stands to score karma points if it's able to coincide with the recessionary bottom, and can scale in a hurry if it lives up to its promise of weaving itself into the CBS fabric through television, radio, and mobile applications.
Moneywatch appears to be leaning on BNET, part of the CNET acquisition that CBS paid $1.8 billion for last year, for initial support. The Moneywatch.com landing page actually redirects to a BNET subdomain for now.
It's a site worth bookmarking. How well it lives up to its self-proclaimed hype and how quickly CBS will come in with the hook if it does not, remains to be seen.
Post-crash era? Isn't that the feeling you get a couple of hours after drinking a Red Bull?
Some other Google Finance musings:
Longtime Fool contributor Rick Munarriz is a huge fan of financial sites, though it's hard to click away from Fool.com. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.