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Craigslist Eyed for Possible Future IPO

Posted by CowboyNeal on from the drooling-investors dept.

An anonymous reader writes "Eric Hellweg wonders if everyone's favorite want-ad site will join the ranks of eBay, Amazon, Yahoo, and, yes, Google. Hellweg guesses it makes $25 million a year by charging for only 12 percent of its ads. If it ramped up payments on more ads throughout its many-city network, it could hit $100 million. That's a monster margin for a 14-person staff! And they may even consider going public."

3 of 205 comments (clear)

  1. great by odenshaw · · Score: 0, Redundant

    throw craigslist down the crapper.

    in memory of Bill Hicks

    Money, is that all it is for you people!

  2. Quite speculative article, don't you think? by xiando · · Score: 0, Redundant

    I found the article very speculative and high-floating. "They will may make this much if this and that, the future may be very bright but then again who knows" and so on. I actually got the impression the author bought some stock, got cold feet and is looking to off it at a higher price - but now I am speculating.

    I do understand the "they could make a ton of money by charging" theses, but then again Slashdot would automatically make trillions if they made it for-paying-members-ONLY and charged $100 for a membership. Or.. would they?

    --
    9/11: Never forget it was a false-flag operation
  3. Someone explain to me.. by bigattichouse · · Score: 0, Redundant

    Why you would bother with an IPO if you're making $100 million dollars?

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    meh