In 1993, The Motley Fool Inc. was established by brothers David and Tom Gardner and their friend, Erik Rydholm, as a 16-page newsletter offering investment information with a humorous twist. By the end of the decade, the newsletter operation had evolved into a multimedia personal finance company with a World Wide Web site, online store, a nationally syndicated newspaper column and radio show, a monthly magazine, and a series of published books. By 2001, The Motley Fool reached 30 million people per month through its multimedia channels.
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