Begin forwarded message:

From: Manu Iyengar <[EMAIL PROTECTED]>
Date: December 19, 2006 6:45:13 PM JST
To: Dave Farber <[EMAIL PROTECTED]>
Subject: For IP: Craigslist meets the capitalists

Dave,

For IP readers who can stand the word "monetize" popping up without cringing :-)

http://dealbook.blogs.nytimes.com/2006/12/08/craigslist-meets-the- capitalists/?&ex=1166504400&en=89c1ba75fe6be330&ei=5070&emc=eta1--

I particularly appreciated this gem:

"Following the meeting, Mr. Schachter wrote a research note, flagged by Tech Trader Daily, which suggests that he still doesn’t quite get the concept of serving customers first, and worrying about revenues later"

It speaks volumes about the current state of Wall Street's mentality, no?

MI



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