Live data from Hacker News

The founder of Craigslist has given away half a billion dollars

independent.co.uk

181–190 of 341 posts

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

#181
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 found Karrot to be a better experience than FB Marketplace.

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

#182
I have a lot of fun memories about when I moved to SF in 2006. Among them was meeting Craig and interacting with him casually a handful of times. He was a regular at Reverie in Cole Valley, where a good friend and mentor of mine was also a regular. The two of them were friends and times I'd meet with my friend, i'd sometimes talk to Craig. He always seemed kind and had a sharp wit. I remember the first time I met him, my friend introduced me and said I had just moved to town. I blurted out, "know a good way to find an apartment?" Craig gave me a good-natured eye roll.

I asked him one time what he was doing. Answering emails, he said. Customer support emails. I think he really enjoyed that part of the business.

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

#183

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…

Craigslist also undermined the entire newspaper classifieds business, which paid for local news reporting in communities of all sizes.

Yes, someone else would have addressed this niche eventually, or newspapers would have gotten their acts together on the digital front. The fact that Newmark started so early and was almost completely non-commercial in Craigslist operations and attitude allowed it to proliferate quickly, quickly gutting the revenues of local newspapers.

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

#184
post #8

Earlier quoted context omitted.

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

It is both absolutely gorgeous and luxurious, yet still at less than $6 million, pretty modest for someone capable of giving away half a billion.

I respect someone with a good, proper library. So many luxury properties seem to miss that one.

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

#185

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…

Additionally, they are one of the few for-profit companies that uses “.org” with a straight face.

Even if it was not the original intent, it’s somewhat deceptive to keep it.

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

#186
post #8

Earlier quoted context omitted.

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

Looks cozy and nice. Pretty humble/modest for a guy like that.

6 million house is not "modest", cmon.

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

#187
post #143

Earlier quoted context omitted.

This is a common refrain of many people, but I believe it is rooted in a fundamental misunderstanding of philanthropy and charities in general. They don't really exist to "fix" problems, they are mostly a band-aid over the structural issues that lead to social problems. The long-term solutions to most of these problems involve policy changes rather than "spot fixes" Like, funding a homeless shelter or the Trevor Proj…

> They don't really exist to "fix" problems, they are mostly a band-aid over the structural issues that lead to social problems. The long-term solutions to most of these problems involve policy changes rather than "spot fixes" Non-profits are 12% of GDP, over $3.5 trillion. Excluding hospitals, universities, and churches, leaves over $2 trillion in non-profit expenditures. Of that, about $300 billion comes from the g…

depends on your lawyers.. the reporting requirements in the USA are real. What the report says, who is named.. a much broader topic.

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

#188

Earlier quoted context omitted.

it was an intentional choice to not go big. I can seriously respect that. I feel like all these "big tech leaders" like Zuck or Musk have some pretty blatant mental health issues, its a path with significant drawbacks because that level of absurd wealth causes issues.

If your goals require trillions then millions are not enough. Craig’s goal = have a modest comfortable life. Musk’s goal = Make humanity a multi-planet species Yes, now there will be arguments about if that’s really Musk’s goal. that’s beside the point. The point is some goals require money than others

musk's goal = grift himself into the four comma club

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

#189
post #181
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 found Karrot to be a better experience than FB Marketplace.

Karrot the food-sharing/organization-organizing app that just got an NLnet grant? Or something else?

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

#190

They get tax breaks for philanthropy.

So do you.

For most folks these days, only on up to $300 of donations. Otherwise, they have to have total deductions in excess of the standard (somewhere in the $12-13k ballpark last time I looked carefully). If you have a large enough house/mortgage, you may be able to hit that from the interest payments, and then donations are the cherry on top. For everybody else ... nope.
Post reply on HN