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nython | 4 years ago
Even before Omidyar stepped down from Craigslist’s board, his appointed agent, Garrett Price, started bullying Craigslist’s owners. In an email to Buckmaster, Price wrote that Craiglist was “driving [eBay’s] execs (especially Meg) to distraction.” He told Buckmaster that eBay’s takeover was “inevitable” and that Craigslist needed to accept their fate, telling “Buckmaster that he and Newmark were mortal, but eBay was not, and eBay would acquire 100 percent of craigslist whether it took decades and, if necessary, over Newmark’s and Buckmaster’s dead bodies.”
Buckmaster replied by reminding Price that when they negotiated the sale of their stake, eBay had agreed to abide by a three-year “courtship period” during which time, if Craigslist felt their two cultures were incompatible, eBay had agreed it would sell back its shares.
Price’s response to Buckmaster:
“that was then, this is now.”
doctor_eval|4 years ago
It's been one thing for me to be on the receiving end of bad behaviour and to form an opinion and suspicions about what happened.
But it's quite another to see it played out deliberately, in the large, using trust and friendship as a weapon to defeat a group of people who aren't even playing the same game.
The remarkable thing for me is that people really are capable of this kind of shitty behaviour; that it can be entirely intentional, and planned well ahead of time. And that it doesn't matter how rich some people are, they are happy to cheat and steal just to get a little bit more. It's disgusting.
Thanks again for linking to it.
doctor_eval|4 years ago