Did you know?
From Wikipedia (unverified source, but possibly accurate):
On August 13, 2004, Newmark announced on his blog that auction giant eBay had purchased a 25% stake in the company from a former principal. Some fans of Craigslist have expressed concern that this development will affect the site's longtime non-commercial nature, but it remains to be seen what ramifications the change will actually have. As of July 2008[update], there have been no substantive changes to the usefulness or non-advertising nature of the site (still no banner ads, still only charging for a few services to businesses).
In April 2008, eBay announced it was suing Craigslist to "safeguard its four-year financial investment." eBay claimed that in January 2008, Craigslist executives took actions that "unfairly diluted eBay's economic interest by more than 10%."[19] In response, Craigslist filed a countersuit against eBay in May 2008 "to remedy the substantial and ongoing harm to fair competition" that Craigslist claims is constituted by eBay's actions as Craigslist shareholders.[20]
Funny coincidental aside: The founder of Craigslist, Craig Newmark, and I went to college together, although we never interacted. Craig got his BS from Case Western University around 1974 and his Master's degree around 1976. I received my undergraduate degree from CWRU in 1973 and the Ph.D. in 1978. Not sure, but since we were in the same academic unit while in school, we might have been in some classes together...
Cheers!
TomK