UpDown

In addition to giving members $1,000,000 in virtual money to invest, UpDown provides a platform for investors to improve their skills through collaboration, competition and aggregated wisdom. Described by major media outlets as “fantasy football meets the trading floor,” UpDown is the only free investment platform that allows members to earn money with zero risk of financial loss.

Founded by two Harvard Business School students and one Harvard College graduate, UpDown is a privately held, privately funded company headquartered in Cambridge, Massachusetts.

Michael Reich (CEO):

Michael Reich is the Chief Executive Officer of UpDown, the leader in social networking for virtual investing. As CEO, Michael oversees sales, marketing, and development of the company’s investment strategies.

Michael is an accomplished Internet entrepreneur whose vision and expertise in business performance has propelled his success in the hi-tech and investment management sectors.

In 2002, Michael was one of four owners and managing directors at German IT consulting firm Spirit Link GmbH. During his tenure at the company, Michael was responsible for significantly building Spirit Link’s marketing and sales initiatives, helping the company to grow to 70 people in four years. Clients included world name brands such as Siemens, Novartis and Roche.

Prior to joining Spirit Link Michael served as an associate at Boston Consulting Group, where he provided business strategy expertise to clients in the enterprise software sector.

Michael is an MBA candidate at the Harvard Business School and holds BA degrees in Business Administration from the University of Reutlingen in Germany and The Reims Management School in France. Michael was co-founder of the Internet Association at The Reims Management School and he served as a member of the student board at The University of Reutlingen.