8/15/04
It is with great sadness that I announce EBAY's acquisition of 25% of www.craigslist.com. In case you don't know craigslist, it is a virtual community bulletin board that has been in operation in major cities throughout the world. It offers free personal listings, free for sale listings, free job postings, rants and raves, political discussions, etc. The idea of craigslist is that it is a non-commercial, community based website that brings the virtual community together with little or no cost. There is minimal advertising, if any, and the site has a "plain jane" look that really has the feel of a community bulletin board. An example would be that if you have a pair of tickets for a concert and can't use them, you sell them for cost on craigslist.com and someone in the community gets to go for face value or less. It has never been about profit but has always been about communication. Now that the monster internet company EBAY has bitten into the pie, I can safely say that the days of craigslist as we know it are soon to be finished.
Very sad indeed, Channing Thomson in San Francisco
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