Estimize’s Leigh Drogen: “We’re now more accurate than Wall Street 2/3 of the time”


As part of our recent Next Invest conference, I had the chance to chat with Leigh Drogen, founder and CEO of Estimize, about what his crowdsourced earnings estimates service has accomplished to date and where it’s headed.

In the interview, embedded below, Leigh says Estimize now has no less than 2,200 contributing analysts from asset management firms, hedge funds and independents, and has become more accurate than Wall Street analysts in predicting earnings reports “about 2/3 of the time.”

The next stage is adding an intelligence layer to Estimize’s growing data set and further marketing an API to the buy side. We also discuss AngelList and the most exciting trend in Fintech as Leigh sees it – crowdfunding.

http://www.youtube.com/watch?v=vXRd-FiDQMo&list=PLyG0czCu3xJjxGrEG9ACiIvcNMJrcSLn9&index=5

For more Next Invest videos, see our YouTube channel.

Author profile

Mick Weinstein
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion.

Mick is a graduate of the University of Michigan, Ann Arbor.