Craig Newmark quits Craigslist?
valleywag.com
valleywag.com
Edit: poof
He worries that effort to monetize the site more will be the equvilant of selling out, but the reality is that it will happen with or without his consent (my guess is without). A big player like ebay holding 25% will not lie still forever and will jump at any opportunity to acquire more interest in the company from any shareholder willing to sell out.
he DOES want to do more with craigslist. he talked about this in an interview with Charlie Rose. he said that craigslist is focused on very basic needs -- finding a job, finding a place to live, etc. he wants to extend that to bigger and better things. doing that is hard and it takes time.
The reflexive response to comments about Craigslist is always "you don't get the Craiglist ethos", but IMHO they aren't exactly the epitomy of good UI design, either.
1. Get a rumor with even the slightest shred of evidence that would be outrageous if true.
2. After the links start pouring in, "update" with a "correction" that your unsubstantiated bullshit rumor is false, surprise surprise.
3. Profit? Fuck yeah, profit.