[IP] Craigslist meets the capitalists
Begin forwarded message:
From: Manu Iyengar <nanouk@xxxxxxx>
Date: December 19, 2006 6:45:13 PM JST
To: Dave Farber <dave@xxxxxxxxxx>
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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