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I'm a technologist at heart with a passion for emerging products and early stage companies.  Simple timing put me in the right place at the right time and gave me several opportunities to help shape the Internet during its formative years.  My education came via hands-on product development, a stint at NYU and side-by-side work with some of the most innovative minds in software.  

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    Wednesday
    Feb172010

    6.5% Unemployment Rate for My Network

    DateWednesday, February 17, 2010 at 12:09AM

    I'm in the process of organizing and scrubbing my personal contact lists.  So far I've imported databases from Outlook, GMail, Facebook, Linked-In and a variety of other contact lists that I have connections to.  This lists includes people from just about every industry and professional level.  A brief sampling includes the likes of Michael Milken, the CIO of the FBI, various tech CEOs and CTOs, a mishmash of bankers, VCs, programmers, etc. etc. (and of course friends, I have at least a few of those).

    Next, I cross referenced everything through Linked-in and updated the job profiles data.  After cleaning all the data I pulled out a subset of 5,000 people who I could actually identify from name, title or notation.   Of these 5,000 people, 327 of them are currently unemployed.  

    This little exercise allowed me to determine that my personal network has an unemployment rate of nearly 6.5%, that's a full 3.5 points better than the US unemployment rate (below, courtesy of Google).  With the heavy focus I've had on startup companies in my career I honestly expected that to be MUCH higher... But then again, a bunch of them have sales and marketing in their blood, so maybe there's some "smoke and mirrors" being called into play.

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    Reader Comments (1)

    You have an enormous amount of free time on your hands to conduct such a scrubbing. Are you currently employed?

    February 17, 2010 | Unregistered CommenterLionel
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