The current $80m in revenue is an extremely misleading figure to base a valuation upon. Craigslist exploit the absolute minimum of their assets and any company

The current $80m in revenue is an extremely misleading figure to base a valuation upon. Craigslist exploit the absolute minimum of their assets and any company taking control could make considerably more with little additional expense without even considering the potential of international expansion or using its ability to expand other brands or services. While I think the article is more than a hyperbolic with its projected revenues and valuation, I certainly think a valuation of a few billion would be fair, especially when you consider Skype was bought for €1.9b, YouTube was bought for $1.65b and Bebo was bought for $850m.