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.
The founder of Craigslist has given away half a billion dollars
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Re: The founder of Craigslist has given away half a billion dollars
#182I 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
#183Craigslist 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, 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
#184Earlier 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.
Re: The founder of Craigslist has given away half a billion dollars
#185Craigslist 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…
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
#186Re: The founder of Craigslist has given away half a billion dollars
#187Earlier 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…
Re: The founder of Craigslist has given away half a billion dollars
#188Earlier 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
Re: The founder of Craigslist has given away half a billion dollars
#189Is 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
#190They get tax breaks for philanthropy.
So do you.