Ebay owes a 25% stake in Craigslist. Not many know this but the info. is listed in the Craiglist fact sheet section. I guess Ebay hopes to shut it down one day as Craiglist is probably one of their biggest business threats.
On the very bottom of the Criagslist fact sheet
http://www.craigslist.org/
Q: Is there a connection between craigslist and eBay? A: eBay acquired 25% of the equity in craigslist from a former shareholder in august of 2004.
Ken Drescher Greenville, SC USA
In a message dated 4/2/2008 4:02:35 P.M. Eastern Daylight Time, classicrendezvous-request@bikelist.org writes:
E-bay has already removed the auction to sav their precious "reputation". It was for 10 e-mails documenting the fraud and e-bays lack of action despite Paypal having been used. Starting price was $0.01 and no reserve.The seller further goes on in his descriptive text to encourage people to look for his stuff on Craig list and to shun The Bay. Art Link,San Antonio,Texas,USA
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