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Craigslist is a horrendously mismanaged business. I wouldn't be surprised to see AirBnB dwarf Craigslist soon- that's the kind of company VCs want to invest in,
by il 15y ago
Craigslist is a horrendously mismanaged business. I wouldn't be surprised to see AirBnB dwarf Craigslist soon- that's the kind of company VCs want to invest in, not something like Craigslist that has been stagnating for years.
- prodigal_erik 15y agoAirBnB started out by attacking Craigslist as well as the commons. They probably will win; I'm continually disappointed at how eagerly we reward bottom-feeders.
- DennisP 15y agoCraig isn't optimizing for profit. He's optimizing for maximum user benefit, and letting the users decide what benefits them the most. Mostly they want free classifieds without paid advertising attached, so that's what he gives them. In a few cases, the users wanted to pay for classifieds, and those users are the only reason Craigslist makes money. Judging Craigslist by the standards of a profit-seeking business is entirely missing the point.