Have I mentioned how much I hate the word "monetize"?

This NY Times story entitled Craiglist Meets The Capitalists kind of describes how my life feels.

“Jim Buckmaster, the chief executive of Craigslist, caused lots of head-scratching Thursday as he tried to explain to a bunch of Wall Street types why his company is not interested in “monetizing” his ridiculously popular Web operation. Appearing at the UBS global media conference in New York, Mr. Buckmaster took questions from the bemused audience, which apparently could not get its collective mind around the notion that Craigslist exists to help Web users find jobs, cars, apartments and dates – and not so much to make money.”

I’m a socialist, am pro-Kyoto and have no problem paying as much tax as I do, yet I work for a bank, am halfway to an MBA and have a copy of The Wealth Of Nations on my bookshelf. I understand the profit motive, but I certainly think it has limits. I’d like to think I’m the middle ground that the bankers in this story can’t understand. Actually, I live in constant fear that I’ll end up like them.
[via Yes But No But Yes]

.:.

Lindsay Lohan claims she’s been going to AA meetings for a year in the same breath that she says she hasn’t had a drink in a week. Apparently Lindsay learned math at a Verizon training seminar.

OK, I apologize…I’ve been posting about overbaked harpies like Lohan and Paris Hilton too much lately. I’m falling for their ploy to stay in the public eye. Never again.*

* the author reserves the right to talk about them if they do something quantum-physics-level retarded.
[tags]craiglist, ny times, lindsay lohan[/tags]

0 thoughts on “Have I mentioned how much I hate the word "monetize"?

  1. Come on Dan….We bankers are not all that evil….

    I can’t believe that your MBA profs have not beaten the socialist views and tax loving instincts out of you yet!

    I bet that Jim Buckmaster had no problem eating the free UBS sponsored lunch at the conference he spoke at (this lunch paid for by some of the best capitalists on the planet….). I hope that Jim hid some food in his pockets for later since he is not worried about making a profit at any point down the road!

    I call bullshit on his comments! He’s just seeking validation from all the statists out there…. ๐Ÿ˜‰
    Later.

  2. I dunno…I’ve read some other stuff from Newmark and Buckmaster…I think they’re just that communist.

    Earlier in the year I attended a conference, and it was fun to watch: half the attendees were trying to make the world better using technology, and the other half were asking how to get rich from blogs. Neither side seemed to realize that their aims were mutually beneficial, but damn, it was a hoot to watch. However, it was there that my hatred for the word “monetize” grew; some guy asked the same question after EVERY SINGLE PRESENTATION: “How do I monetize this?”

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