The Web 2.0 "Stock" Market

Sunday, February 12th, 2006

J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

If you have a few minutes to kill, check out Alexadex, a marketplace for web sites. You get $10,000 to start. Prices are based on the alexa ranking for the sites you are buying or selling.

Welcome to the alexadex, where players compete for fame and glory by buying and selling shares in sites on the world wide web. The price of a share is set at the site’s daily reach per million, according to alexa.com. You get $10,000 just for signing up, so get started!

My strategy: I plan on buying shares of companies just before I write about them, and selling quickly afterwards. My first purchase was Alexadex.com.

I love stuff like this. Ok, back to real business.

I highly recommend buying dabble.com. hint, hint.

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