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EcommerceBytes-NewsFlash, Number 2178 - December 10, 2009 - ISSN 1539-5065     | Next
Both eBay and Google Wooing Craigslist in 2004
By Ina Steiner
EcommerceBytes.com
December 10, 2009




Google was in talks with Craigslist in the summer of 2004 about acquiring Phillip Knowlton's shares of Craigslist. eBay ultimately purchased the shares in a 3-way deal between the parties.

Early testimony on Thursday revealed that Google had insisted on gaining controlling interest or full ownership in Craigslist.

Craigslist lawyer has been cross-examining eBay executive Garrett Price all morning. He asked Mr. Price about emails, slide decks, confidentiality agreements and the shareholder agreement.

Mr. Price said he had evaluated the likely untapped revenue potential of Craigslist across geographies and categories. (Craigslist is free in most categories.)

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  • Trial Testimony Reveals eBay Executives Frustrated with Craigslist Management - December 10, 2009, Issue #2178
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  • Newmark: Google and Warburg Pincus Vied with eBay for Shares in Craigslist - December 10, 2009, Issue #2178


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