Thursday, December 14, 2006

Craigslist Meets the Capitalists

It's not always about Profit Maximization, see the article in the NY Times about Craigslist:

"Jim Buckmaster, the chief executive of Craigslist, caused lots of head-scratching Thursday as he tried to explain to a bunch of Wall Street types why his company is not interested in “monetizing” his ridiculously popular Web operation. Appearing at the UBS global media conference in New York, Mr. Buckmaster took questions from the bemused audience, which apparently could not get its collective mind around the notion that Craigslist exists to help Web users find jobs, cars, apartments and dates — and not so much to make money."


At 12/14/2006 9:30 PM, Blogger Kelly said...

That ROCKS. Thanks for sharing. K


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