Craigslist Met the Capitalists and the Capitalists Are Still Confused!!

11 12 2006

Craigslist Meets the Capitalists [via] DealBook – New York Times

This is so sweet:

Jim Buckmaster, the chief executive of Craigslist, caused lots of head-scratching Thursday as he tried to explain to a bunch of Wall Street types why his company is not interested in “monetizing” his ridiculously popular Web operation. Appearing at the UBS global media conference in New York, Mr. Buckmaster took questions from the bemused audience, which apparently could not get its collective mind around the notion that Craigslist exists to help Web users find jobs, cars, apartments and dates — and not so much to make money.

Oh man, I can just see a bunch of stuffed suits trying to grasp the concept of “idealism”.  Just thinking of it makes me litlerally laugh out loud (I’m sorry but I just can’t use LOL any more, its so five minutes ago).

Ha ha, silly capitalists, the net is for freeeeeeeeeeeeeeeeeeeeeee!!!!!


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