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5 Responses
😯 talk about cannibilisation 😯
Apparently, Craig has tried to do this before.
https://valleywag.com/tech/mythbusting/craig-newmark-filthy-rich-on-ebays-millions-283002.php
Craigslist speculates this could be the beginning of a hostile takeover. I wouldn’t be one little bit surprised if they were right.
(And on the subject of Craigslist’s blog… KUBRICK?! FFS, guys. Get a decent theme 🙁 )
How do you pursue a hostile takeover of a private company? Either the shareholders want to sell or they don’t.
Freddy:
When you’ve got 30%, you just got find a 21% more right? Although there aren’t many shareholders, as I understand it.
And yes, people either want to sell or not… but eBay’s chequebook is pretty big and when you keep adding zeros, it can be persuasive. ;O)