Vegetarians Unlikely To Bid for Lunch With Buffett

If nothing else, the market for lunches with Warren Buffett is proof positive of eBay’s value proposition. When Buffett began his annual tradition of auctioning a lunch to raise money for charity, he did so in a live-auction format, generally netting $25,000 to $30,000. Since moving to eBay in 2003, however the take has increased ten-fold, with last year’s winning bid topping $350,000. This year’s auction will take place later this month. The winner will get to bring along up to seven friends to break bread at New York steak joint Smith & Wollensky.
Buffett to Auction Another Lunch on eBay [Reuters]

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