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About 20 years ago, Ray Oldenburg, PhD, who wrote a book called The Great Good Place, argued that there are a number of attributes that make a third place a third place: It has to be convenient, inviting, serve something, and have some good regulars (which, he says, is actually more important than having a good host).
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Google has long realized that the hot market of wireless is a great place to grow the number of eyeballs and it has become very active in this space.
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My sense from talking with a number of investors is that most place great weight on the concept of a distinctive view, an investment thesis.
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"There are a great number of these extraordinary creatures lumbering around the place, " he recalls, adding that one of them stole his shoes from outside the tent.
WSJ