Parking lot investing
Ross Mayfield has started a Flickr photostream where people can contribute photos of Silicon Valley company parking lots during the weekend. Why? As Mayfield explains:
My uncle was a guru on wall street when I asked him where I should invest my paper route money. He said to visit the parking lots of Silicon Valley companies during the weekend. If the parking lot was full, there was a good chance they were close to a breakthrough or release.
Now that's a lot of biking around to base a portfolio strategy.
But with enough mobloggers, a panopticon of performance may be a great leading indicator.
Hmm, this same idea was presented in the book "Microserf", by Douglas Coupland. I believe it was first published around 1994.
This was a lot more true before high bandwidth connections became widespread...Sort of surprised that Mr. Wiki wouldn't have pointed that out ;-)
Wilson, I'm much older than Microserf -- but it is a classic.
Quite true Chris, for goodness sakes much of what Socialtext does is about not having to have an office at all.
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