Craigslist Meets the Capitalist

Posted on December 12, 2006
Filed Under Uncategorized |

This is pretty funny… you can’t deny that Craigslist is one of the most durable destination sites on the entire internet, and equally the most unlikely success given that the user interface is positively primitive and it can be amazingly frustrating to use but amazingly effective at the same time. I use it craigslist regularly, just today to find a santa claus for our Christmas party next week. It’s one of a kind, that is for certain.

Craigslist Meets the Capitalists – Mergers, Acquisitions, Venture Capital, Hedge Funds — DealBook – New York Times:

Wendy Davis of MediaPost describes the presentation as a “a culture clash of near-epic proportions.” She recounts how UBS analyst Ben Schachter wanted to know how Craigslist plans to maximize revenue. It doesn’t, Mr. Buckmaster replied (perhaps wondering how Mr. Schachter could possibly not already know this). “That definitely is not part of the equation,” he said, according to MediaPost. “It’s not part of the goal.”

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