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8/5/2004

Craigslist IPO?

Filed under: — dan @ 11:16 pm

Damn, $25M a year? Have you seen the site? My new heroes! :)
—-
By my back-of-the-envelope calculations, the site, which employs only 14 people, will be making about $25 million per year on 12 percent of its available ad inventory. That’s peanuts for most public companies.

http://money.cnn.com/2004/08/05/technology/techinvestor/hellweg/index.htm

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