Ming the Mechanic:
BlogShares

The NewsLog of Flemming Funch
 BlogShares2003-04-06 22:01
2 comments
by Flemming Funch

I started playing with BlogShares. Joi Ito said:
"Blogshares just went beta. It is a site where you can trade shares of blogs using fake money. The price is based on trading and a valuation of sorts is derived from links weighted by how valuable the links are. (Kind of like google page rank.) This price/value spread is sort of a P/E. Obviously, this fuels the "popularity content" aspect of blogging. Having said that, it's fun. I wish I could short sell blogs. ;-) It will be interesting to see whether the blog prices predict new popular blogs accurately since people should buy blogs that are new and cool but people don't know about yet."
Indeed, this if fun. A stock market for blog. I don't totally get it yet. But people have already bought shares in ming.tv, and I picked a bunch of blogs with good potential, so let's see what happens.


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