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Seems like a pretty reasonable target. You’re in the online auction business, so why not shift to just being an online market?
I'm glad they didn't. Despite CL's shortcomings, it's hard to see eBay making them better in any way.
It's absolutely crazy to me that eBay was able to acquire 28% of Craigslist for $32 million. What a steal. The unnamed CL executive who sold his shares must be kicking himself now!