Re:Ask YC: Why can't anyone compete with craigslist?
by rjett on Wednesday August 20, 2008 @06:21PM
(#282113)
I've heard different answers to this question before but how exactly does CL make money and what is the source of these "unrealized capital gains" to which you refer?
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Re:Ask YC: Why can't anyone compete with craigslist?
by lliiffee on Wednesday August 20, 2008 @08:46PM
(#282227)
> what is the source of these "unrealized capital gains" to which you refer?
The craigslist folks could sell the company in the blink of an eye. The amount for which they could sell it is continually increasing.