Browsing the Internet, I came across a cool article that talks about who to believe; Ebay or Craigslist. It is extremely hard to figure what is really going on just because this is a superior management ownership issues that perhaps involves secret information that could not be revealed in a week. No one denies that Ebay was seeking ownership of Craigslist; mostly because they bought stake of 28% on 2004. In the following paragraphs, I'm going to elaborate more on Ebay's point of view as well as Craigslist's point of view.
Starting with Ebay point of view, the former CEO Whitman stated that the move was mainly made because Ebay wanted to increase their share of the pie. According to Whitman, concerns about the relationship between both companies rose when Ebay founder Pierre Omidyar became frustrated with Craiglist. Her argument was that really no one ever dislikes Omidyar; when he's not happy with someone, this could also mean that who ever gets under his skin is probably doing something annoying.
Ending with Craigslists's point of view, Newmark and Buckmaster stated that Ebay betrayed them and that especially Whitman broke promises that she had given earlier to Craigslist when she started playing with their confidential data allegedly related to their hit website Craigslist.org. The concern in Craigslist rose when Ebay began creating their own classified website, oddly enough named Kijiji. Whether the right is on Ebay or Craigslist, it would not really change a thing because the launching of Kijiji changed the perspective of Classified websites. The real question is, how is this trial going to affect the ownership of Craigslist.
Personally I like Craigslist, it provides more of a personal local feeling. I wonder if and how this would change if EBay bought out Craigslist.
ReplyDeleteNice post