What We Can Learn From Mess - Fred Wilson - http://www.avc.com/a_vc...
About Craigslist: "I do not believe we should criticize a company that operates like this. We should learn from it. Of all the Internet companies out there, the one that serves as the most iconic for our firm is craigslist, not Google. We dream of funding a company that can be worth a billion dollars with only 30 employees. We've never done it and I don't know if we ever will. But we are going to try again and again and again." - Bret Taylor
Isn't that kind of like saying they want everything for nothing? Or they want a grand slam with a tiny-tiny investment? And that they are going to keep trying for that over and over again? I understand the desire to learn from Craigslist but what exactly are they expecting to replicate? Timing? - Hayes Haugen
Well, I just read the quote, not the whole post. And from that, I'll say that craigslist is the model company for a vc firm. High income, low cost, simple organizational structure. Who wouldn't want that? - Zach Landes
I don't follow: "Only programmers, customer service reps, and accounting staff work at craigslist. There is no business development, no human resources, no sales. As a result, there are no meetings." - Doug Beeferman