Tuesday, July 17, 2007

Has Craig already soldout?

MORE: re: "Craig's sellout": the idea was that the "employee sell off" was a necessary cover up, Craig couldn't have straight out sold his own shares and gotten away with collecting huge financial benefits while in the same time keeping the trust of the users -- the ebay and craigslist special forum seems to be missing those threads...[beginning of the P.S. to that entry]) D.

some people thought so back in August 2004 (when he wasn't exactly forthcoming in terms of his control over and the details of the 25% sell to ebay: ... but in any case, he may well be just a minority shareholder at this point, owning something in the vicinity of what ebay owns (at a minimum, it seems that aside from the 25% he appears to have given to Phillip Knowlton, he gave craigslist shares at least to two more people: Nancy Melone -- the former craigslist CEO-- and Jim Buckmaster -- the current craigslist CEO)


P.S. even if not directly (althought some people thought that was also the case) Craig appears to have benefited financially from the sell to ebay -- craigslist got huge publicity as a result, that seems to have helped a lot... financially... (in terms of craigslist's profits)

P.P.S. hmm... wondering if Craig's untold "part" in the ebay sale -- at least one of them -- was to stay involved with craigslist (ebay's money could have turned to dust if Craig just quit... or sold.. or whatever: a big part of the craigslist myth appears to be the idea that Craig is out there watching...:could ebay have required that Craig stays on indefinitely as a condition of the 25% sale that benefited all craigslist shareholders, including Craig?) D.

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