Monday, January 16, 2006

Craigslist: 'Seeking human connection'

What an inspiration for us all!

Via BBC News - For a man with no plan, who describes himself as just another "line worker", Craig Newmark is doing alright.

Meeting the international media in Manhattan this week, the 53-year-old stood in his uniform of black jeans and grey shirt, trying to convince sceptical reporters that his eponymous Craigslist is not out to destroy the newspaper business.

The geeky former systems engineer for IBM has come a long way in the last 11 years.

The listserv, or electronic mailing list, he began for like-minded friends in the San Francisco Bay area now has "well over three billion page views" per month he says, which makes it the seventh biggest presence on the internet.

The site's only income derives from job listings in three US cities, though discussion is under way for charging a fee for accommodation postings - mainly thanks to huge traffic on the New York property pages.

Everywhere else in the world it is free to every user, and although Craigslist still nets around $20m a year, it could be generating much more profit.

Read the full article on BBC News

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