▲ | cloudbonsai 6 days ago | |
I was surprised by that part too. I always assumed that Craig was a young techy person. My takeaway from this article: - Craiglist was launched by a 40-year old, ex-IBM enginner. It started out as an online list for his circle of friends. - The main competitor then was "Classifieds" section in newspapers. Craigslist out-competed them by simply being a better medium (No word-count limit + photo support). - Meanwhile, newspaper executives failed to respond in a meaning manner. By 2010, 70% of their classified ad business was gone. Craig seems to be fully retired by now, focusing on his philanthropy work, which I think is awesome. |