03-31-2006, 10:27 AM
Quote:Four years ago, Rajesh Navar could have chosen to retire with millions of dollars in his bank account. eBay had struck gold, and as its 35th full-time employee, so had he.
Instead, Mr. Navar, who had founded and built the online auction houses search technology, chose to go to Stanford Universitys 10-month Sloan Masters program. Towards the end of the program, Mr. Navar, then 35, came up with the idea for LiveDeal.com, an online classifieds service.
On its face, the site looks a lot like Craigslist.org, where people reach out to a community with everything from job listings to personal ads. But Mr. Navar doesnt want to be the online classifieds site that the print media loves to hate. He wants to be the partner that helps them survive, even thrive. LiveDeal is already powering the Toronto Star, and is in talks with other media companies as well...
full article: http://www.redherring.com/Article.aspx?a=16298&hed=Q%26amp%3BA%3A+LiveDeal%E2%80%99s+Rajesh+Navar§or=Industries&subsector=InternetAndServices