I don't have time to blog today...I'm preparing to fly out for the AlwaysOn Network event at Stanford...but I got this email about a very cool "wisdom of the crowds" concept where a group of 2,500 or so individuals will build and manage a new business by voting on the plan, who to hire, products to create, how to market them, etc. It's really a wild notion. I hope some journalist will pick up on this, interview the creator, watch the creation of this business over time, and write some interesting story about it.
Once again Google surprised the street with much higher than expected earnings. The stock price has jumped $20 today to more than $210 per share and the market cap is almost $58 billion.
I will not be surprised to see consistent positive earnings surprises coming from Google for many years.
Six Apart which produces the Moveable Type publishing system and TypePad blogging service raised $10 million in venture funds in October. Today it announced the purchase of LiveJournal, a blogging service built on open source that claims 2.5 million users. Together they have 6.5 million blogs, according to TechNewsWorld.com. That seems way high, considering that Pew Research says about 8 million U.S. adults have a blog. (The vast majority of them only post once, however.)
I've never met Brewster Kahle, inventor of WAIS, co-founder of Thinking Machines, founder of Alexa and digital librarian for the Internet Archive. But I've watched his contributions over the years and have admired his Vannevar Bush-like vision. (If you have never read the 1945 Atlantic Monthly article by Vannevar Bush titled "As We May Think", you're missing out on the original "access to all knowledge" brainstorm.)