Craigslist founder Craig Newmark said he spoke to Google, eBay and Warburg Pincus in 2004 when disgruntled shareholder Philip Knowlton looked to sell his shares in the online classified site. Newmark was testifying at the eBay v Craigslist corporate governance trial on Thursday afternoon in Georgetown, Delaware.
Newmark stated that Google had only been interested in acquiring the whole company, and while he trusted Google and their "Don't Be Evil" philosophy, keeping control was the only way he could be sure.
Newmark heard of the sale of company shares through some combination of Jim Buckmaster and Ed Wes.
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Craigslist founder Craig Newmark said he spoke to Google, eBay and Warburg Pincus in 2004 when disgruntled shareholder Philip Knowlton looked to sell his shares in the online classified site. Newmark was testifying at the eBay v Craigslist corporate governance trial on Thursday afternoon in Georgetown, Delaware.