Memories of the crazy Facebook ‘valuation’ spring to mind on reading Silicon Alley Insider’s breakdown on how much they think Craigslist could be worth (answer, anywhere between $750 million and $5 billion). Do we here a ‘ding!’

Nope. Because while evaluation is all well and good, you;re only worth what someone will pay for you. The negotiating table is a cruel mistress, and just because you’ve got some number from a shareholding many months or years ago. Maybe we should stop calling them ‘valuations’ and use ‘aspirations’ instead?

# April 3, 2008, ; subscribe to the Musings RSS Feed.