I'm glad they didn't. Despite CL's shortcomings, it's hard to see eBay making them better in any way.
It's absolutely crazy to me that eBay was able to acquire 28% of Craigslist for $32 million. What a steal. The unnamed CL executive who sold his shares must be kicking himself now!
Seems like a pretty reasonable target. You’re in the online auction business, so why not shift to just being an online market?