Use access key #2 to skip to page content.

TMFMileHigh (74.45)

Oh how I love the Web

Recs

3

April 20, 2008 – Comments (4) | RELATED TICKERS: EBAY , CRM , MSFT

 

Is there a better business enabler than the Web? If so, I don't know what it is. Look at CAPS. Not yet two years  old, we've nearly 100,000 participants. Roughly half of those have rated stocks. The community intelligence that has since emerged has been, well, brilliant.

Perhaps it's the optimism that comes with writing on the weekend (as opposed to writing on deadline) but, to me, the success of CAPS and other community-driven services, such eBay and Facebook, augurs well for the future of Web-driven computing.

To wit: If crowds are wiser (more Foolish?) than individuals, then why not switch on computing models that embrace and extend  connectedness? Community intelligence should work for work as well it works for everything else.

It does for me. Community-driven models allow me to expose my writing to a massive audience instantly. Facebook and Helium, for example. The risk in doping so is that I have to be (a) thick-skinned and (b) really on top of my game. But the risk is worth it. Not only have I increased my opportunities to earn but also to learn.

And I'm not alone; this model is applicable is most industrues. That's why salesforce.com is thriving. Even Microsoft, progenitor of all things PC, gets it.

 FWIW, Tim (TMFMileHigh)

4 Comments – Post Your Own

#1) On April 20, 2008 at 9:25 PM, LordZ wrote:

HMMM stay away from cocaine.... lol.... j/k

 

Report this comment
#2) On April 20, 2008 at 9:46 PM, TMFMileHigh (74.45) wrote:

 

Who needs cocaine when you have coffee, LordZ? ;-)

BTW: Anyone else think it's curious that cocaine and coffee are BOTH highly addictive and top Colombian exports? I'm just saying ...

Report this comment
#3) On April 20, 2008 at 11:19 PM, Tastylunch (29.25) wrote:

how you can be a participant without any picks? and what are all those non pickers doing? what's the point of joining CAPS without making picks?

I think the internet is a fantastic formentor of new busines creation now ,but in twenty years I wouldn't be surprised to see it be like the physcial wolrd in that big businesses with big moats stifle smaller ones. It's already much tougher than  five years ago. See many new profitable search engines lately?

I guess I'm saying if you got a brilliant idea for a web business do it NOW while there are still easy pickings :-)

Report this comment
#4) On April 21, 2008 at 1:59 AM, kristm (99.75) wrote:

If TMF cleared the inactive accounts from Caps we'd have less than 5,000 people I'm sure... Or just wipe out the ones that have existed more than six months without more than five picks. (And it seems like every one of them is for for outfits like DRYS or EXMO) 

Report this comment

Featured Broker Partners


Advertisement