In an interview with Bloomberg Television, Jimmy Wales, co-founder of Wikipedia and also internet media company Wikia, reveals that he has recently bought a new stocks site, which he hopes whistleblowers will contribute to. Value Wiki is now part of Wikia, his consumer publishing company (Wikipedia is part of the non-profit Wikimedia Foundation).
[I] just bought a site called Value Wiki which is about stocks and we’re hoping people will come forward, maybe whistle blowers, whoever, will come forward with some information about companies. The same thing can happen to politicians.
Wales also spoke about the accuracy and editorial issues for his encyclopedia, Wikipedia:
We’re trying to look at different software tools that allow the community to monitor what’s going on. There’s always a core of good people managing Wiki who really want it to be high quality. The main thing is making sure that they have what they need.
[Hiring editors] doesn’t even seem like the right approach to us. When we really dig in deep and we look at where there are problems, and what the problems are, they’re never about not having enough core people who are really passionate about it but about making sure the software tools are available to them.