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eBay owns a reported at least 25% of Craigslist [1]. Whenever I tell people they are genuinely surprised. Craigslist never has really added huge features in yea
by wise_young_man 13y ago
eBay owns a reported at least 25% of Craigslist [1]. Whenever I tell people they are genuinely surprised. Craigslist never has really added huge features in years and I honestly think it is because eBay slows them down and doesn't want them to. Think about how Twitter and Facebook have grown built APIs, 3rd party integration and apps. Craigslist doesn't even have an official iPhone app.
They've had the capital, the resources, and the users who provided the content which were all they needed and could eventually launch a way to ship and provide feedback for users and destroy eBay. I think Craig sold out and doesn't have a lot of say in the legal matters which is why it happens in the first place and Craigslist really will never improve.
[1]: http://en.wikipedia.org/wiki/List_of_acquisitions_by_eBay#cite_note-18 http://en.wikipedia.org/wiki/List_of_acquisitions_by_eBay#ci...
- tempestn 13y agoeBay owns a chunk of craigslist yes, but not a controlling share. The two companies have been involved in multiple legal battles. I doubt eBay is secretly pulling craigslist's strings while they sue each other. I agree that it appears Craig doesn't appear to have much say in legal matters at craigslist, but that appears to be because he has voluntarily ceded control to Jim Buckmaster.
- rdouble 13y agoCraig didn't sell to eBay, one of his employees did and it was a minor scandal at the time.
- wpietri 13y agoI doubt Ebay has any influence on the day-to-day operations of Craigslist. They have those shares because CL gave them to an early employee who then sold Craig out. It was not an investment CL sought or wanted, and I suspect that the official answer to any Ebay request is a curt GFY.