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by appleiigs 3413 days ago
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.