Logically Answered

224 Million Users = $0 Revenue - Craigslist | Logically Answered


Listen Later

224 Million Users = $0 RevenueCraigslist

Earn Cash Back On Stocks: Up To $5,000 Per Year
https://www.silomarkets.com/logic

Did you know that Craigslist is one of the most popular websites in the entire world? In fact, they pull in 250 million monthly active users every single month despite having a website that looks like it hasn’t been changed in 20 years. But, all of that is by design. You see, Craiglist isn’t trying to maximize revenue and profits like every other company. Rather, they’re happy to stick with modest revenue and profits and serve the community as much as possible. This has always been the motto and mission of not just Craig Newmark but the entire Craigslist team which is only 50 people. This is largely because Craig was never even trying to create some sort of massive online marketplace. In fact, he was largely just trying to connect with people and create a social life for himself by discussing local events, hence the name “Craig’s List”. This video tells the humbling story of Craig Newmark and Craigslist and shows one of the few examples in which money didn’t corrupt the individual.

Earn Interest From The Government & Top Corporations:

(iOS App for US Residents)
https://www.silomarkets.com/waitinglistpage?utm_source=craigslist&utm_medium=video

Free Weekly Newsletter With Insiders:

https://logicallyanswered.co/

Socials:

https://www.instagram.com/hariharan.jayakumar/

Discord Community:

https://discord.gg/SJUNWNt

Timestamps:

0:00The Scale Of Craigslist
2:15Humble Beginnings
5:21Humble Rise
8:44Humble Dominance

Resources:

https://pastebin.com/GzAgZa95

Disclaimer:

This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
https://www.silomarkets.com/disclosures
Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/
Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.

-------------

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

Logically AnsweredBy Logically Answered