Tuesday, February 20, 2007

Startup hopes to modernize parking hunt



Finding a parking spot often requires drivers to summon their inner caveman: Scan the horizon for the target, then bag it before someone else does.

A startup company is betting it can chip away at that anachronism and transform the search for parking just as eBay Inc. changed auctions.

SpotScout Inc. hopes to create an online marketplace where drivers armed with mobile phones can not only reserve private spaces in garages and driveways, but also swap public parking spots in real time, with vacant spaces going to the highest bidder.

Full-story HERE: Yahoo!News

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