Everyone is looking for signs so they’ll recognize when the tech resurgence as become tech over-enthusiasm.  Well, here may be one company we look back on as an example of a technology searching – no trying to create – a need.

The Seattle Times brings us the story of SpotScout, Inc.  Users in the SpotScout network will never have to search for parking spot again.  The company envisions a world where before you leave your house, you enter information offering your driveway or parking spot for sale or rent.  Then you look for users near where you are travelling to, and see who has a place to sell or rent you.  "In the 21st century, you shouldn’t have to look for a parking space anymore," said SpotScout Chief Executive Andrew Rollert, a 32-year-old software engineer.

The company claims 12 employees on zero revenue so far, and with no VC backers.

My bubble barometer managed to stay in control solely because no VC firms have funded them.  But when you have 12 guys working around the clock to make sure people don’t have to drive 30 extra seconds to find a parking spot, you have a neat hobby that you and 11 friends would use, not a viable business offering a service people need.   I hope the technology turns into something very useful that can be embedded into cars in the future.