"None of us is as smart as all of us," this quote on the homepage of Inkling Markets website sums up their business quiet nicely. Inkling is an online service to create and manage your own prediction market.
If you want to know who will win this years Super Bowl, when that internal software development project will finally launch, or who will score the most goals in the 2006 world cup, prediction markets are a way of weighing the views of lots of people to get the cumulative wisdom of the group.
Inkling was founded by Nate Kontny and Adam Siegel. Both had a background with major consulting companies before being accepted into Y Combinator, Paul Graham's summer venture program.
Dimensions: 2 people x 1 year x $ NDA
Funding: Seed funding from Y Combinator
Customers: O'Reilly, Other companies trying to predict future events
Location: Chicago + www.inklingmarkets.com
What's Next: Selling the prediction markets platform to more companies
