TIL that craigslist is generating $1B in annual revenue, employs 50 people, and is wholly owned by two people. Insane. (And yes, it's a for-profit even with the .org domain name) Who would have thought this single website would destroy the economics of the newspaper industry?
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My first office was Craigslist old office. They moved out in 2016. It was tiny. They were making +$400m, rent was $3k. They wouldn’t pay rent unless landlord gave them toilet paper per lease. Frugal and awesome.pic.twitter.com/1VR73cgoug
If you want more stories like this subscribe to my pod (where this clip is from) If it you don’t Love our pod I’ll give you $2. Subscribe: My First Million by The Hustle & Shaan Purihttps://podcasts.apple.com/us/podcast/my-first-million/id1469759170 …
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Just binged all the episodes over the last few days
Loving it! -
Thanks! Please share!
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Warning: you won’t get $2. Not because Sam is a liar. But because if you don’t love the show, you don’t have a heartbeat. In which case, you don’t need $2
Thanks. Twitter will use this to make your timeline better. UndoUndo
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