301–310 of 341 posts
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What percentage of his earnings does represent?
It's still not modest. There's no way in which a $6 million dollar house is "modest". Don't try to launder it through lying with percentages. It's not modest.
Modest was qualified. The statement is accurate. Your objection doesn’t make sense.
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> 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…
It doesn't surprise men to find we spend trillions on nonprofits and get little in return. There is an enormous amount of corruption. More than forty years ago I knew a woman who was cold calling people to raise money for research into a canine disease. If you donated a dollar, she got fifty cents. Her boss got twenty five cents, the company got their cut, the university took a little, so did the department and the p…
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Craigslist doesn't make any money from those scams because they don't charge for rental listings. It sucks that it's there, but for them to hire staff to deal with it, they'd have to charge for the rental listings. Right now they rely on volunteers to combat that problem, in the form of legit landlords reporting the scams.
So why not charge for rental listings? i'm sure the number of scams would go down, while posting would still be of good value for someone looking to rent out a $3000/mo apartment.
It’s weird to me they even carry real estate listings, because I’m surprised anyone would trust them with that kind of money on a good you can’t easily self-validate. I wouldn’t spend more than $100 on something from Craigslist if I wasn’t confident that I can judge the quality of it myself.
The world can't run on random philanthropy. You don't become a billionaire through hard work alone but through exploitation at scale. Tax the richs, or eat them.
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> People don’t build new companies after a successful exit to “make even more money.” They absolutely do. I interact with people who do just that. > You're projecting. LOL. The last thing I want to do is start a company or try to make $100's of millions.
Leave money aside—why wouldn’t you want to start a company and build something yourself?
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.
Although he may have inadvertently destroyed local news by squeezing it of revenue from classified ads (but has since done a lot to fund journalism)
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…
How can you both preserve peoples rights and also intervene to stop when you subjecivley think something should be regulated?
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So why not charge for rental listings? i'm sure the number of scams would go down, while posting would still be of good value for someone looking to rent out a $3000/mo apartment.
It’s not what they do, and it’s a crowded market where they don’t really have an edge. If you want well-vetted products, don’t go to Craigslist. They’re just digital classifieds, the tradition is basically “anyone can list them, no one checks them, caveat emptor”. It’s weird to me they even carry real estate listings, because I’m surprised anyone would trust them with that kind of money on a good you can’t easily sel…