|Venture Round, 8/04 |
Craigslist is a supremely popular listings site. Craigslist was founded by Craig Newmark in March, 1995, as an email list site for San Francisco and Bay Area events. In June 2000, it added its second city, Boston, and then expanded to the major metropolitan cities in August 2000. As of February 2008, Craiglist now covers 450 in 50 US States and 50 Countries.
Craiglist.org – note the .org domain suffix – is interesting in that it serves no ads and stresses a non-corporate culture. It has only 25 employees, all based in San Francisco, and makes money off job ads in 10 cities, as well as brokered apartment listings in NYC.
In April 2008 Ebay sued Craigslist over stock dilution issues.
This video was originally posted on Beet.TVAdded: 6/9/09
Craiglist’s classified sections include: community, personals, discussion forums, housing, for sale, services, jobs, and gigs. According to craigslist, over 30 million new classifieds are created each month.