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WSJ on CraigsList and Zen of Classified Ads

Posted by ryuzaki0 on from the less-is-more dept.

prostoalex writes "Wall Street Journal profiles one of the Valley's most mysterious and secretive Web companies. A leader in online classifieds space and by some measures one of Web's top sites, CraigsList is ostensibly anti-ad and anti-self-promotion. From the article: "One industry analyst has estimated that Craigslist could generate 20 times that $25 million just by posting a couple of ads on each of its pages. If the estimate is to be believed, that's half a billion dollars a year being left on the table. What kind of company turns up its nose at $500 million?""

2 of 278 comments (clear)

  1. Re:how shortsighted by ednopantz · · Score: 0, Flamebait

    Or a really lazy one. Look at their site, why can't I flag an obvious scammer without opening their ad. The herbalife guys trying to post in the jobs board are obvious spam. Why make it hard to flag them?

  2. Re:Hey! We were gonna milk that for all its worth! by fm6 · · Score: 0, Flamebait

    If I have to explain that to you, you haven't been following the discussion.