Otherwise known as the "Modified Colpitt's Osc". In this app it isn't oscillating, probably EveryCircuit isn't programmed to run self-oscillating circuits yet but this has been tested in the real world and it works. With the equation of 1/2pi*sqrtLC you should get an oscillation of close to 68KHz sinewave.
I tried injecting noise and it still doesn't work in this app. I guess it'll be great if EveryCircuit was programmed to include a default electrical noise that people could work with to test their circuit for oscillation or noise floor amplification.
