Craigslist meets the capitalists

[David Farber <dave () farber net>]

Begin forwarded message:

From: Manu Iyengar <nanouk () mac com>
Date: December 19, 2006 6:45:13 PM JST
To: Dave Farber <dave () farber net>
Subject: For IP: Craigslist meets the capitalists

Dave,

For IP readers who can stand the word "monetize" popping up without  
cringing :-)

http://dealbook.blogs.nytimes.com/2006/12/08/craigslist-meets-the- 
capitalists/?&ex=1166504400&en=89c1ba75fe6be330&ei=5070&emc=eta1--

I particularly appreciated this gem:

"Following the meeting, Mr. Schachter wrote a research note, flagged  
by Tech Trader Daily, which suggests that he still doesn’t quite get  
the concept of serving customers first, and worrying about revenues  
later"

It speaks volumes about the current state of Wall Street's mentality,  
no?

MI



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