4 ms·

Just for the record, Craigslist is a for-profit company and makes quite a lot of money. Very different from Wikipedia

• m463 6y ago
  > Craigslist is a for-profit company and makes quite a lot of money. I thought they just made a modest amount of money. However I believe their benefit to society is significantly higher than fb just because of R number 2. (of "reduce, reuse, recycle")
  • save_ferris 6y ago
    They grossed $694M in 2016, according to Wikipedia[0]. I think Craigslist benefits from a transparent business model that doesn’t rely on capturing and manipulating consumer data. They charge for job ads, which is a pretty straightforward model. Contrast that with the miasmic, tailored advertising business that Facebook has created. Craigslist isn’t necessarily leaving money on the table, they just operate a more transparent business that’s more closely aligned with the public good. It’s still not realistic to expect companies to not try to maximize their earnings potential, that’s like asking your favorite football team to score fewer touchdowns. Facebook as a business is fundamentally misaligned with the public good. 0: https://en.m.wikipedia.org/wiki/Craigslist https://en.m.wikipedia.org/wiki/Craigslist
    • duskwuff 6y ago
      They charge for a couple other things, FWIW, but it's mostly commercial postings and certain other big-ticket listings (cars, real estate, services). https://www.craigslist.org/about/help/posting_fees https://www.craigslist.org/about/help/posting_fees