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The founder of Craigslist has given away half a billion dollars

independent.co.uk

121–130 of 341 posts

Re: The founder of Craigslist has given away half a billion dollars

#121

Earlier quoted context omitted.

Why wouldn’t you fund nonprofits and artists?

A lot of non-profits are just jobs programs for people who run in the same educational/social circles as the wealthy people. Not all non-profits obviously. But a shocking amount when you get close to it.

And for-profit companies are better than a quality non-profit…how?

Re: The founder of Craigslist has given away half a billion dollars

#123
post #8

I don't know much about this guy, but I remember reading an interview with him maybe 15 years ago where he was asked if his lifestyle had changed since he came into money and if he bought a new house or anything, and his answer was basically something like: "Not really, and I've already got good water pressure where I'm at, what else do I need?" I can't help but like his attitude.

He apparently bought this place in 2016: https://streeteasy.com/blog/craigslist-property/

do we think he found it on craigslist

Re: The founder of Craigslist has given away half a billion dollars

#124

Craigslist is often held up as an example of a company "doing it right", but what is never mentioned in these posts is that a large portion of their revenue comes from facilitating scams. Around 25% of rooms/apartments I contact are scams, and Craigslist has so far done nothing to prevent these. A common scam is to take pictures from a real estate site of a house that recently sold and advertise it as for rent, but t…

I once wanted to build an alternative to Craig’s list. There were SO MANY things I had ideas to improve. Then I realized I had literally no idea how Craig’s list makes money. None. They did not charge for ads and they didn’t have advertising. ¯\_(ツ)_/¯

Re: The founder of Craigslist has given away half a billion dollars

#125

Craigslist is often held up as an example of a company "doing it right", but what is never mentioned in these posts is that a large portion of their revenue comes from facilitating scams. Around 25% of rooms/apartments I contact are scams, and Craigslist has so far done nothing to prevent these. A common scam is to take pictures from a real estate site of a house that recently sold and advertise it as for rent, but t…

I once wanted to build an alternative to Craig’s list. There were SO MANY things I had ideas to improve. Then I realized I had literally no idea how Craig’s list makes money. None. They did not charge for ads and they didn’t have advertising. ¯\_(ツ)_/¯

IIRC, he said the bulk of revenue comes from job listings.

Re: The founder of Craigslist has given away half a billion dollars

#126
post #118

Earlier quoted context omitted.

Some time ago, an American leftist told me that the Berlin Wall was necessary to keep the West out of East Berlin. he wasn't happy when I started laughing. I said that even to a 9 year old, it was clear the tank traps were set up to stop people fleeing to the West. It's too bad the Westerners did not leave a section of the Wall standing. It would stop people from rewriting the truth about it.

East-side gallery is still standing.

Just the Wall or including the defense-in-depth?

Re: The founder of Craigslist has given away half a billion dollars

#127

Craigslist is often held up as an example of a company "doing it right", but what is never mentioned in these posts is that a large portion of their revenue comes from facilitating scams. Around 25% of rooms/apartments I contact are scams, and Craigslist has so far done nothing to prevent these. A common scam is to take pictures from a real estate site of a house that recently sold and advertise it as for rent, but t…

Yes.

Even if you take out revenue from scams, it does not change the question of what Craigslist could or should have done regarding governance.

Craigslist adhered to basic features and community volunteers partly to avoid responsibility.

The org had no problem enforcing its moat around UGC (posts) with lawsuits but only at after extraordinary foot dragging did they implement basic advancements in the best interests of their own community.

This has resulted in untold numbers of scam victims, yes but also it allowed bad landlords, (and tenants) to carry on with no repercussions. This continues, actually.

Craigslist was a benevolent dictator. It squandered an opportunity to be a low profit leader of p2p, instead yielding it to Facebook and a variety of venture backed products.

I have first hand knowledge of Craigslist response to market competition because my cofounder on Gliph and I are the creators of the product that Craigslist privacy relay email service is based on.

This point of who actually created the concept and tech is actually being litigated right now between Apple and a patent troll over the Hide My Email feature of iCloud in Rally vs. Apple Inc.

Re: The founder of Craigslist has given away half a billion dollars

#128
post #38

Is Craigslist still the go-to classifieds site in some places? Around here it’s (very sadly IMO) been almost completely replaced by Facebook Marketplace, to the extent that people make Facebook accounts just to use Marketplace.

I've been told that it is a regional thing.
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