Talk:Tom Sosnoff

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tastytrade request: Career section updates[edit]

Hello editors, this is my very first edit request. I'm the director of communications at tastytrade and I'm here to propose changes to Tom's article, specifically to the Career section. I've added my COI to my user page before posting this request in order to be in line with Wikipedia's guidelines on COI editing.

Below I've drafted a revised version of the Career section, adding some new information that wasn't currently on the page. This includes the sale of tastytrade to IG Group using only the best sourcing I could find from outlets like Reuters, Crain's Chicago Business, and the Chicago Tribune. I've also updated the exact amount that TD Ameritrade purchased thinkorswim for, which is reflected in the sourcing.

Also, I've removed and altered some of the language that made the article read more like a press release and read as promotional in hopes of bringing the article up to Wikipedia's quality standards. This also involved removing some sources that don't meet Wikipedia's standards like Daily Finance and the Chicago Tribune's What I'm Buying piece. Please read below:

Career section updates
 Go ahead: I have reviewed these proposed changes and suggest that you go ahead and make the proposed changes to the page. Lightoil (talk) 13:05, 30 August 2023 (UTC)[reply]

Career[edit]

Sosnoff worked as a market maker at the Chicago Board Options Exchange through the Sosnoff Sheridan Group in the 1980s.[1] In 1999, Sosnoff co-founded Thinkorswim, an online brokerage firm specializing in options trading for individuals.[1] In 2009, Thinkorswim was sold to TD Ameritrade for $750 million[2] and Sosnoff personally received $84 million from the sale.[3] In 2011, Sosnoff announced that $20 million in venture capital had been raised for his new company tastytrade.[2] His aim in founding tastytrade was to create a financial news show focusing on options, mixing content with comedy similar to the "Daily Show".[4][5] In 2014, a Silicon Valley venture fund, Technology Crossover Ventures, invested $25 million into Dough Inc., also founded by Sosnoff, which includes tastytrade.[5][6]

In 2014, Sosnoff was co-winner of the EY Entrepreneur of the Year Midwest Award.[7]

In January 2021, tastytrade was acquired by IG Group for $1 billion.[8][9]

References

  1. ^ a b Melissa, Allison (2001-12-23). "Sosnoff's new brokerage firm lets individuals trade options". Chicago Tribune. Retrieved 2023-08-03.
  2. ^ a b Needleman, Sarah E. (2011-07-06). "Online Financial Talk Show Tastytrade Piles $20M On Its Plate". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-08-04.
  3. ^ Lynne, Marek (2011-07-16). "Diving into the talk show pool". Crain's Chicago Business. Retrieved 2023-08-03.
  4. ^ Cohen, Deborah L. (2011-10-28). "Entrepreneur Wants To Produce A 'Daily Show' For Investors". Reuters. Retrieved 2023-08-04.
  5. ^ a b Pletz, John (2014-07-17). "Sosnoff, Ross get $25 million to make Dough rise". Crain's Chicago Business. Retrieved 2023-08-04.
  6. ^ Sack, Carlin (2014-02-24). "How Tom Sosnoff's team is taking dough.com to 1 million users in just two years | Built In Chicago". How Tom Sosnoff's team is taking dough.com to 1 million users in just two years. Retrieved 2023-08-04.
  7. ^ "EY Entrepreneur Of The Year™ 2014 Midwest Awards". SBN. 2014-06-30. Retrieved 2023-08-08.
  8. ^ M, Muvija; Sarkar, Indranil (2021-01-21). "Britain's IG to buy tastytrade for $1 billion in U.S. foray". Reuters. Retrieved 2023-08-04.
  9. ^ Pletz, John (2021-01-21). "Another big payday for this serial entrepreneur". Crain's Chicago Business. Retrieved 2023-08-03.

Thank you very much in advance to the editor who takes the time to evaluate this request, I really appreciate it. If anybody has questions about the proposed updates, I'm ready and willing to respond. TastytradeLaura (talk) 21:18, 24 August 2023 (UTC)[reply]

Thank you to Lightoil for evaluating the request and approving the changes. I went ahead and updated the Career section, however, could you potentially help with the broken citations in the References section? There seem to be many citations there that don't actually show up in the article anymore and I'm not entirely sure how to fix this issue. Thank you so much! — Preceding unsigned comment added by TastytradeLaura (talk • contribs) 14:11, 31 August 2023 (UTC)[reply]

It looks like the citation errors were fixed by Isaidnoway. Thank you so much for that, I really appreciate the assist! TastytradeLaura (talk) 19:59, 19 September 2023 (UTC)[reply]

tastytrade request: Options trading section updates[edit]

Hi editors, Laura from tastytrade back here with another request for Tom Sosnoff's article. This time, I have drafted a new version of the Options trading section.

This new draft aims to cut down on some of the poor references in this section that were contributing to the flag at the top of the page, as I removed citations to Investing Daily, Barron's, and John Lothian News. I've replaced these citations with some better sourcing I found in Crain's Chicago Business, Reuters, and Finance Magnates.

This new draft also looks to more accurately represent his authority in the field of options trading by clearly stating that Tom has founded and co-founded multiple companies focused on options trading, and updates Tom's position at tastylive where he hosts broadcasts about options trading.

Options trading updates

Options trading[edit]

Sosnoff has founded and co-founded multiple companies that all advocate for options trading, including tastytrade, Thinkorswim, and Dough, Inc.[1][2] Sosnoff hosts a financial news show on tastylive, previously known as tastytrade, which serves as the company's content platform where he focuses on teaching individuals how to trade options.[2][3] Sosnoff explains options trading terminology in these online broadcasts via original skits and educational content.[1][2]

References

  1. ^ a b Pletz, John (2014-07-17). "Sosnoff, Ross get $25 million to make Dough rise". Crain's Chicago Business. Retrieved 2023-08-04.
  2. ^ a b c Cohen, Deborah L. (2011-10-28). "Entrepreneur Wants To Produce A 'Daily Show' For Investors". Reuters. Retrieved 2023-08-04.
  3. ^ Oladipupo, Solomon (2023-02-22). "Online Broker Tastyworks Rebrands to Tastytrade". Finance Magnates. Retrieved 2023-09-06.

If editors have any questions about this draft or any of the sources used, feel free to ask as I am happy to answer. Thank you so much to anybody who takes the time to review. TastytradeLaura (talk) 19:58, 19 September 2023 (UTC)[reply]

Please specify the WikiLinks for the companies involved, taking care to ensure that these companies are independently notable in Wikipedia. When ready to proceed please switch the request template's answer parameter to read from yes to no. Regards,  Spintendo  01:45, 20 September 2023 (UTC)[reply]
Thank you so much for the quick response! Below I've drafted a slightly revised version of the draft from above with your feedback in mind.
I've removed Dough from the list of companies Mr. Sosnoff founded since it can't be linked to. I've also linked out to IG Group, which acquired tastytrade, and has a subsection within its article offering a description of the company.
Hopefully, this draft with the updated list of companies is more in line with Wikipedia standards. Once again, thank you so much for your response, and if there are any further questions please let me know.
Options trading updates
Sosnoff has founded and co-founded multiple companies that all advocate for options trading, including tastytrade, which was acquired by IG Group, and Thinkorswim.[1][2] Sosnoff hosts a financial news show on tastylive, previously known as tastytrade, which serves as the company's content platform where he focuses on teaching individuals how to trade options.[2][3] Sosnoff explains options trading terminology in these online broadcasts via original skits and educational content.[1][2]

References

  1. ^ a b Pletz, John (2014-07-17). "Sosnoff, Ross get $25 million to make Dough rise". Crain's Chicago Business. Retrieved 2023-08-04.
  2. ^ a b c Cohen, Deborah L. (2011-10-28). "Entrepreneur Wants To Produce A 'Daily Show' For Investors". Reuters. Retrieved 2023-08-04.
  3. ^ Oladipupo, Solomon (2023-02-22). "Online Broker Tastyworks Rebrands to Tastytrade". Finance Magnates. Retrieved 2023-09-06.
TastytradeLaura (talk) 17:42, 25 September 2023 (UTC)[reply]
Not done for now Thank you for providing the WL's, it's much appreciated. Just a few points of clarification: the sentence " including tastytrade, which was acquired by IG Group, and Thinkorswim." It's not clear who acquired tastytrade: IG Group or Thinkorswim, as there is a comma and the word "and" when mentioning both. Also, neither tastytrade nor tastylive are Wikilinked. If these are prominent financial news shows, then they should have their own Wikipedia pages. If they were acquired by IG Group (or Thinkorswim) then perhaps the article on IG Group should mention this, instead of mentioning "Tom Sosnoff who also founded thinkorswim, a brokerage firm that was acquired by TD Ameritrade" These different Wikipedia pages ought not be describing the same events by mentioning different companies. Please clarify. Regards,  Spintendo  20:14, 25 September 2023 (UTC)[reply]
Sorry for the confusion there, just to be clear: tastytrade was acquired by IG Group, and IG Group's page has a section dedicated to their acquisition of the company. TastytradeLaura (talk) 20:46, 26 September 2023 (UTC)[reply]

tastytrade request: Options trading section new draft[edit]

Hello, I'm back to Tom Sosnoff's Talk page with an edit request. This request is an updated version of the Options trading draft, which you can see above ran into some confusion with an editor who evaluated the request. Specifically, the editor who reviewed the request was unsure if Thinkorswim or tastytrade was acquired by IG Group. In the updated section draft below, I've tried to make it more clear that it was tastytrade that was acquired by IG Group.

I've also combined the final two sentences of the section in order to keep the description of Mr. Sosnoff's options trading content more succinct. This draft would ideally replace Options trading information that is on the page now:

Options trading updates

Sosnoff has founded and co-founded multiple companies that all advocate for options trading, including Thinkorswim, which was acquired by TD Ameritrade, and tastytrade, which was acquired by IG Group.[1][2] Sosnoff hosts a financial news show on tastylive, previously known as tastytrade, which serves as the company's content platform where he focuses on teaching individuals how to trade options via original skits and educational content.[2][3]

References

  1. ^ Pletz, John (2014-07-17). "Sosnoff, Ross get $25 million to make Dough rise". Crain's Chicago Business. Retrieved 2023-08-04.
  2. ^ a b Cohen, Deborah L. (2011-10-28). "Entrepreneur Wants To Produce A 'Daily Show' For Investors". Reuters. Retrieved 2023-08-04.
  3. ^ Oladipupo, Solomon (2023-02-22). "Online Broker Tastyworks Rebrands to Tastytrade". Finance Magnates. Retrieved 2023-09-06.

Again, if editors have any questions about this updated draft, I'm happy to answer. Thank you so much! TastytradeLaura (talk) 16:53, 6 October 2023 (UTC)[reply]

Jumping back into this thread to ping User:Isaidnoway who has been active on this page in the past to see if they had any interest in evaluating this request. If you have any questions, I'm happy to answer. Thanks! TastytradeLaura (talk) 18:06, 2 November 2023 (UTC)[reply]
The suggested text looks fine so I added it.I am One of Many (talk) 19:00, 2 November 2023 (UTC)[reply]
Sorry to be a pill, but where it says Sosnoff has founded and co-founded multiple companies that all advocate for options trading, including Thinkorswim, which was acquired by TD Ameritrade, and tastytrade, which was acquired by IG Group. Sosnoff hosts a financial news show on tastylive, previously known as tastytrade, which serves as the company's content platform what company would that be? The sentence before this one mentions 3 companies (and even more if you count Sosnoff has founded and co-founded multiple companies) I think in instances where we're namedropping companies left right and center, we don't have opportunities to play the pronoun game with phrases like which serves as the company's content platform. This needs to be more specific. The article says that the subject offers content from tastylive, which was previously known as tastytrade. It then says this "serves as a content platform for the company." Since tastytrade was purchased by TD Ameritrade, is it that we're saying tastylive serves as a content platform for TD Ameritrade? Please advise. Thank you! Regards,  Spintendo  19:10, 2 November 2023 (UTC)[reply]
Thank you user:I am One of Many for evaluating and implementing the request. However, the suggested text was proposed to replace the final paragraph of the article in the Options trading section. Is it possible for you to remove the final paragraph of the article which sits below the newly implemented paragraph? Again, thank you so much.
As far as user:Spintendo's reply, I really appreciate your interest in improving Mr. Sosnoff's article. To avoid the confusion you've pointed out in this paragraph, I suggest we strike the "which serves as the company’s content platform" part of the sentence you've taken issue with.
This would leave the sentence to read as: “Sosnoff hosts a financial news show on tastylive, previously known as tastytrade, where he focuses on teaching individuals how to trade options via original skits and educational content."
Hopefully, this change will be satisfactory. TastytradeLaura (talk) 19:13, 6 November 2023 (UTC)[reply]
@TastytradeLaura  Implemented Thank you for the clarification, it's much appreciated. I've fixed the extra paragraph mentioned above, and a portion of text which went into inordinate detail about the subjects financial advice was also pared back. It was likely this text which caused the {{Cleanup-PR}} maintenance template to be applied. As it has now been addressed, I've deleted the maintenance template. Regards,  Spintendo  06:32, 7 November 2023 (UTC)[reply]
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