Craig’s Quiet Revolution
Wednesday, 5. January 2005 - 4:46 am
MOTLEY FOOL — Dec 30 — With people using craigslist as a way to
meet others in their neighborhood for free online dating services could
suffer. Of course, you can sell your stuff on craigslist, too. Which
brings us to the big heavyweight in community-based buying and selling,
eBay. Both eBay and craigslist boast loyal communities, although
craigslist's can be described as grassroots. Is eBay worried? Well, it
did take a 25% stake in craigslist this past summer. What's the secret?
Craigslist appeals to the young and hip. It's rebelliously
anti-corporate; eBay purchased its stake from a former employee. MOTLEY FOOL
Mark Brooks: I wondered how eBay laid their mitts on 25% of Craigslist. Anyone know who the former employee is?