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...plenty of good travel sites, so any new entry needs to have a better idea. Farecast.com uses fearsome computer power to predict the direction of plane fares. That helps travelers figure out the optimum time to buy a ticket. It was founded by Oren Etzioni, who created the Web's first meta-search site (it scans multiple search engines) and first shopping-comparison tool. Farecast uses an algorithm to crunch 100 billion prices in its database, then evaluates 200 attributes that affect plane fares. From those trillions of combinations, it figures out whether you should buy a ticket...
Etzioni originally dubbed the site Hamlet after its To Buy or Not to Buy motto. Net squatters wanted $100,000 for the hamlet.com address, though, so the outfit instead bought the more logical farecast.com for small change. In the Web's early days, it was SOP to pay millions for addresses like business.com No more. "In the '90s, start-ups were drinking Kool-Aid," Etzioni says. "Now we're drinking coffee...
...Hugh Crean insist that they are building an independent company that can earn profits on ads (for hotel rooms, for instance) and by taking a cut of tickets bought through links on the site. But Etzioni admits the chances Farecast will end up in the hands of a Web giant within five years or so are about 50-50. CNBC pundit Jim Cramer scoffs at start-ups like Farecast as sizzle without substance. "It's like, so what? I could do that company," he says. Among Farecast's formidable Web 2.0 competitors is Kayak.com another rapidly growing travel search site...
...cusp of a major transaction, would be a gold mine for Yahoo! or Google, either of which could capitalize on the lucrative real estate ad space. Founder and CEO Rich Barton, who made a fortune creating Expedia, concedes that Zillow has had lots of conversations with the big Web players but says he's not selling...
...30Boxes.com a Web calendar site, can similarly beat out Google's calendar, a jackpot may await. Unlike Zillow, with its 125 employees, 30 Boxes is run by exactly three people. That's it. No support staff, no assistants, no offices. And no venture capital or outside investors...