Eric, List,
Craigslist is a privately held company. eBay purchased
a block of shares in Craigslist from an individual share-
holder and got a seat on the Craigslist board. After eBay
launched their own free classified service to compete with
Craigslist, the Craigistas tossed them off the board by
issuing enough new shares to dilute eBay's 28-odd%
share to less than 25%, which does not qualify for a Board
seat. This is a time honored and perfectly legal technique
to squeeze one's mortal enemies out of the family. Ebay
decided to sue, and the two are now entangled in a life-or-death
legal struggle as Craigslist tries to jettison eBay:
http://www.informationweek.com/news/internet/ebusiness/showArticle.jhtml?articleID=222000908
After a year or so of maneuvering the suit went to trial in
Dec., 2009. No decision yet. This story contains a link to
the lawsuit filing itself:
http://www.cbsnews.com/stories/2008/05/01/paidcontent/main4061009.shtml?source=RSSattr=SciTech_4061009
Wait and see.
Sterling K. Webb
------------------------------------------------------------------------------
----- Original Message -----
From: "Meteorites USA" <[email protected]>
To: <[email protected]>
Sent: Wednesday, March 17, 2010 12:41 AM
Subject: Re: [meteorite-list] Ad Ebay sellers must see
There are no online sites the can provide the reach that Ebay does.
Ebay knows this, hence their overinflated fees and idiotic policies
which are driving away sellers.
No sellers + Nothing to buy = Less money for Ebay! Seems rather
counter intuitive to me. I say Ebay should raise their fees to 50% and
get it over with. At least then they'll go bankrupt faster and people
will be motivated to create an alternative.
Spacifieds.com is a free option. I created this site a while back and
its been on pause for a while.
http://www.spacifieds.com/
I know there's some other auction sites, but nothing like Ebay. Yahoo
shut it's auctions down a long time ago, and Amazon is mainly books
and stuff and their fees are expensive. I don't know of any
alternative that can really compete with Ebay except Craigslist and
Ebay owns 25% of that company too.
Oh well...
Regards,
Eric
On 3/16/2010 10:24 PM, Richard Kowalski wrote:
Much of my collection has come about by winning ebay auctions, but I
can see dealers bugging out in greater numbers. Ebay is easy to use,
but I'd rather put my money in the dealer's than into ebay's
pocket...
What online auction sites are you dealers using or considering using?
--
Richard Kowalski
Full Moon Photography
IMCA #1081
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