164 karma · joined January 6, 2011
The only problem I see for publishers is they currently enjoy flexibility in their hardcover-to-paperback window. If a book is a blockbuster, I'm sure they extend the window. I suppose they could alter the delivery window on the cheap price, for customers that had not yet locked in the original delivery window and price.
As far as the author's cut, it is time for authors to negotiate different contracts. In 5 years, perhaps less, their hardback bonus is going to be meaningless.
However, there have been some more frustrating experiences. My friend getting his ad ghosted, when he was trying to post his mom's guest house for rent. And it costing them 3 months of rent because Craigslist didn't let on a peep that his ad was ghosted. And there really isn't any clue on how to find help, I got lucky and found the forums via a Google search for something like "Craigslist ad not showing up". Then there was the merry-go-round of pathetic employees I was trying to hire for the unskilled jobs in my warehouse. But that was back in 2008, before the bubble burst. The quality of the applicants I found in my more recent go at it was greatly improved. But the frustration now was 300 resumes showing up in my inbox in 12 hours, and sifting that down to 10 people to interview I guess I should not complain about that, it is a little frustrating though.
The bottom line is Craigslist will always be around because it works, and it works anywhere. There isn't any limited deployment like some of these startups that are piloting in 2 cities. And probably won't go nationwide for a long time, if at all. From what I read here on HN, the name of the game is for the startups to make the big sale and founders glide away on their golden parachutes, then the buyer crashes the company into the ground.
Because then there would be real reference points for calculating valuation, which is counterproductive in an industry that relies on bubble economics.
I agree with the "changing of the guard" sentiment, but I think it better to disrupt from the outside, rather than prop up the old guard for a while longer. There's on old saying "once a pickle, never a cucumber". I just don't believe the industry can be un-pickled.