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>If Craigslist decided to modernize today I misread this as "decided to monetize today" and interpreted an IPO. Has Craigslist ever thought about this? Any t
by 37 10y ago
>If Craigslist decided to modernize today
I misread this as "decided to monetize today" and interpreted an IPO.
Has Craigslist ever thought about this?
Any thoughts?
- stephancoral 10y agoCraigslist has nearly $300 million in profit and only around 30 employees. Why on earth would they ever want to go public?
- xyzzy4 10y agoPublic stock is much more liquid.
- aanm1988 10y agoStock doesn't matter if you can just toss employees cash whenever you want.
- trafficlight 10y agoUnlike those fat stacks of cash in their bank account.
- walterbell 10y agoWhat's their annual revenue?
- stephancoral 10y ago$381 million in 2015. I'd be interested in seeing where the 81 mil goes
- appleiigs 10y agoUsing EBay's P/E ratio of 21x, Craigslist owners have 2 options: 1. $300MM in profit each year, which has risk of going up or down. 2. Sell company for $6.3 billion ($300 x 21) and walk. Note: I don't have time to investigate why Bloomberg is telling me EBay PE ratio is 21, vs Google Finance is 5x.