The Efficiency of the Internet

In less than 15 years of “prime time” use, the internet has done an incredible job of allowing people to communicate — whether it be email, dating (eHarmony.com), buying/selling things (eBay.com, Craigslist.org) or just creating their own news and/or sharing their opinions with the world (blogging).

The internet — and the software that takes advantage of it — is truly disruptive technology, turning entire industries around. The most powerful examples of disruption being print media and retailing.

In yet another example is the world of education.  An article by Winnie Hu in The New York Times (Selling Lessons Online Raises Cash and Questions, November 15th, 2009) explains how teachers have become connected for the purposes of exchanging (either for profit or not-for-profit) lesson plans. Alice Coburn, 56, a vocational education teacher in Goshen, N.Y., said she saved two to three hours each time she downloaded Ms. Michalek’s PowerPoint presentations instead of starting from scratch. “I hate reinventing the wheel,” Ms. Coburn said.

The internet is an incredible place. When we set forth to create the software that drives FractionalExchange.com, it was our goal to allow people of similar interests (fractional ownership and vacation home ownership) to connect and create efficiency in a marketplace.

FractionalExchange.com is in the “Putting People Together Business” and we embrace the internet for allowing us to offer efficiency to a marketplace segment.