Back in October I wrote about the interesting prediction market game sponsored by Yahoo Research and O’Reilly Publishing. Now I’ve found another prediction market that lets you buy and sell virtual shares of any website. The share value is based on movement in Alexa ranking. Check out Alexadex, and go buy some shares of BigBlueBall.com… I’ve got a good feeling about that one.
Hmm… seems Google’s a bit pricey, currently at $264,500 per share. Same with Yahoo and MySpace. Or any major sites. Damn. BBB seems to be doing well though.
Hmm… seems Google’s a bit pricey, currently at $264,500 per share. Same with Yahoo and MySpace. Or any major sites. Damn. BBB seems to be doing well though.
My portfolio is edging up. It’s not a perfect measure, because it relies heavily on traffic measured by the Alexa toolbar (which most people don’t install).
I also think their formula for computing share price is too sensitive. I’m sure they tuned it so that you’d see price movement even on low ranked sites (like this one), but in doing so, the high ranked sites (like Google) end up in the stratosphere.
They claim that they plan to reset the values around the end of the year, so we’ll all get a level playing field. That would be interesting…
My portfolio is edging up. It’s not a perfect measure, because it relies heavily on traffic measured by the Alexa toolbar (which most people don’t install).
I also think their formula for computing share price is too sensitive. I’m sure they tuned it so that you’d see price movement even on low ranked sites (like this one), but in doing so, the high ranked sites (like Google) end up in the stratosphere.
They claim that they plan to reset the values around the end of the year, so we’ll all get a level playing field. That would be interesting…