[37]

>If Craigslist decided to modernize today

I misread this as "decided to monetize today" and interpreted an IPO.

Has Craigslist ever thought about this?

Any thoughts?

[stephancoral]

Craigslist has nearly $300 million in profit and only around 30 employees.

Why on earth would they ever want to go public?

[appleiigs]

Using EBay's P/E ratio of 21x, Craigslist owners have 2 options:

1. $300MM in profit each year, which has risk of going up or down.

2. Sell company for $6.3 billion ($300 x 21) and walk.

Note: I don't have time to investigate why Bloomberg is telling me EBay PE ratio is 21, vs Google Finance is 5x.

[walterbell]

What's their annual revenue?

[stephancoral]

$381 million in 2015. I'd be interested in seeing where the 81 mil goes

[xyzzy4]

Public stock is much more liquid.

[trafficlight]

Unlike those fat stacks of cash in their bank account.

[aanm1988]

Stock doesn't matter if you can just toss employees cash whenever you want.