I was recently contacted by Gary Roberts, a 21 year old software engineer from New Zealand who created Tall Street with Robert Mena.  Tall Street is a ‘Social Recommendation Engine’ where users vote for websites based on several categories.

The categories are: Web, Video, Music, Image, Book, News, Blog, Group, Shopping, Software, and Podcast.  Any visitors can vote for websites, even if they reload the website without even needing to register.

If you do create an account, you are allotted 50 cents in your account.  With that 50 cents, you can invest into any website.  Users can add a link, invest in other websites, and maintain investments within a portfolio:

This idea reminds me of another company that I had reviewed before:

Alexa Street was offline for quite some time, but resurfaced recently.  The advantage that Alexa Street has over Tall Street it is designed better to simulate stock trading where share value emulates change in Alexa rankings.  Tall Street allows anyone to vote for a site.  The advantage that Tall Street has is that it is not dependent on a third party to run.  Statsaholic (the website formely known as Alexaholic) ran into several problems because of that.

Alexa Street is now in Open Beta. The concept behind the site is that it is a multiplayer game based on the buying and selling of web site shares based on a website’s Alexa rankings.

Every player starts with $10,000 (play money) to plug into web sites that you think you may profit from. For every friend that you recommend to this website, you gain an extra $1500 (play money) to invest into websites. The Recent Activities, Top Broker Movers (shown the most improvement), the Top 25 and Top Mover Brokers along with the Top 25 and Top Mover Stocks are featured on the homepage.

Amit’s Thoughts:
I would definetely give Alexa Street 2 thumbs up as it makes good practice for analyzing potential investments. And even if you get your hands on some inside information, I highly doubt the SEC will come after you since this is play money anyway.

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