Journal: News & Comment

Tuesday, December 26, 2006
# 5:38:00 PM:

Craigslist: not about making money

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It's pretty fun to read (via Kaliya) about how confused Wall Street analysts become when confronted by Jim Buckmaster, CEO of Craigslist:

UBS analyst Ben Schachter wanted to know how Craigslist plans to maximize revenue.

It doesn't, Mr. Buckmaster replied.

He went on to say that "no users have been requesting that we run text ads, so for us, that's the end of the story. If users start calling out for text ads, we'll listen."


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