For me it's the resolution to a very long piece of startup drama. As I recall it, an early CL employee got equity as a gift, and then sold it off in a way I thought disappointing:
Pierre Omidyar’s corporate spying scandal buried for good as eBay sells Craigslist stake
BY MARK AMES
ON JUNE 19, 2015
It didn’t get much attention, but eBay just quietly unloaded its 28.4 percent stake in Craigslist, putting to rest one of the most sordid episodes in Silicon Valley, in which eBay executives — including First Look Media publisher Pierre Omidyar and HP chief Meg Whitman — were directly implicated in corporate spying, stealing secrets, and exploiting Craigslist’s anti-capitalist idealism.
It's fairly safe to say that it doesn't. The price wasn't announced, and does anyone here really care if eBay was suing Craigslist and vice versa? So it's a piece of financial news of interest to anyone following eBay's stock, but not really to anyone else.
It gets rid of a tiny legal uncertainty. Much more significantly is that Ebay is apparently walking away from a massive financial gain and potentially even larger business gain by never having figured out any way to take advantage of Craigslist assets.
