Blog Watch: Craigslist Gets Sued According to Craigslist Blog
By Beth in Tech, relationships, pop culture, Ebay, Craiglist on April 23 2008
There is redemption in getting sued. Just ask Jay Buckmuster, CEO of Craigslist, who publicly voiced his disappointment over Ebay’s “petty” war on Craigslist after they filed suit against the company on the basis that Craigslist was diluting their shares in the company. Ebay has 28.4% stake in Craigslist. While confidentiality restrictions prohibit too much information from being leaked to the public on this, some cynics believe that eBay is banking on either of two scenarios: 1) eBay is trying to back Craigslist into a corner and buy them out and/or 2) eBay is trying desperately to sell their shares in Craigslist at a most optimal rate.
Whatever the case may be, don’t feel too bad for Jay Buckmuster. At the very least, he’s garnering some serious sympathy out of this whole ordeal, not to mention some innovative food for fodder in the way of comments on his post. Our favorite: the missed connection.
Missed Connections
You (eBay): Middle aged, bitter, nerdy.
Me (craigslist): young, indie, hipI saw you at the flee market. You told me own it … like I’d be impressed. You offered me a ride on your Harley … again like I’d be impressed. Your not cool.
C
