Daily Archives: December 13, 2006

Capitalism Inaction

Good article from the NYT about the aversion to money displayed by the team at Craigslist. UBS analyst Ben Schachter wanted to know how Craigslist plans to maximize revenue. It doesn’t, Mr. Buckmaster replied (perhaps wondering how Mr. Schachter could possibly not already know this). “That definitely is not part of the equation,” he said, [...]