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-   -   How does craigslist make money? (https://gfy.com/showthread.php?t=698554)

interracialtoons 01-23-2007 10:00 AM

How does craigslist make money?
 
I don't see any ads or fees.

Maybe Craig don't care about money, he just likes doing this.

Aneros Josh 01-23-2007 10:04 AM

The only source of revenue generated by Craigslist is the Job ads. And if I'm not mistaken, they only charge job ad fees in the major cities. Last time I read about it, the site makes around 20 million a year from those ads alone. I think it's only a matter of time before it goes downhill and sells out because Craig's partner in the site got mad at him a few years back and sold his 25% of the company to Ebay.

starpimps 01-23-2007 10:07 AM

wow, i would sell out so fast
20 million for just those ads damn

extreme 01-23-2007 10:08 AM

The Hun doesn't make money from galleries..

oh, wrong year

Vegas Ken 01-23-2007 10:12 AM

Quote:

Originally Posted by FleshJosh (Post 11776273)
The only source of revenue generated by Craigslist is the Job ads. And if I'm not mistaken, they only charge job ad fees in the major cities. Last time I read about it, the site makes around 20 million a year from those ads alone. I think it's only a matter of time before it goes downhill and sells out because Craig's partner in the site got mad at him a few years back and sold his 25% of the company to Ebay.

I beleive that FleshJosh is correct. :)

tranza 01-23-2007 10:12 AM

You're truely cluesless, aren't you?

garyhodough 01-23-2007 10:20 AM

whahhh?????

garyhodough 01-23-2007 10:21 AM

whahhh?????

Horny Dude 01-23-2007 10:25 AM

They get a cut like a pimp from all those "Escorts" on there! LOL

BV 01-23-2007 10:25 AM

Q: How does craigslist support its operations?
A: By charging below-market fees for job ads in 7 cities and for broker apartment listings in NYC.

Q: How much are job ads?
A: $25 for NYC, LA, DC, Boston, Seattle, and San Diego, and $75 in SF.

http://orlando.craigslist.org/about/factsheet.html

JayDeeZee 01-23-2007 10:49 AM

Quote:

Originally Posted by Horny Dude (Post 11776364)
They get a cut like a pimp from all those "Escorts" on there! LOL


:1orglaugh :1orglaugh :1orglaugh

fris 01-23-2007 11:04 AM

craig doesnt even run it.

teg0 01-23-2007 11:37 AM

Ebay / Paypal purchased a large percentage of Craigslist awhile back.

interracialtoons 01-23-2007 11:39 AM

Quote:

Originally Posted by FleshJosh (Post 11776273)
The only source of revenue generated by Craigslist is the Job ads. And if I'm not mistaken, they only charge job ad fees in the major cities. Last time I read about it, the site makes around 20 million a year from those ads alone. I think it's only a matter of time before it goes downhill and sells out because Craig's partner in the site got mad at him a few years back and sold his 25% of the company to Ebay.

I knew the site was worth millions; I think they had a recent offer of 60-80 million and turned it down. I only surfed the site for about 5 minutes and didn't even look in the jobs section. Everything else seemed to be for free;
which gave me the impression that they were doing the youtube thing and waiting for a serious buy out.

NaughtyRob 01-23-2007 12:26 PM

I heard they are going public soon and will be instant Billionaires.


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