To: jocon307
bingo:
Income Streams
Craigslist makes money only through a handful of revenue streams. It charges a $25 fee to post a job listing in six major U.S. cities. It charges $75 for a job listing in the San Francisco area Last, the company charges a $10 fee to list an apartment rental in New York. The revenues generated from these fees cover only the operating expenses of Craigslist. The company has not made a profit since its inception. This is intentional -- Craigslist president Jim Buckmaster has stated that creating a superior user experience is more important to the company than making money.
http://smallbusiness.chron.com/craigslist-money-27287.html
24 posted on
05/24/2015 8:47:01 PM PDT by
MeshugeMikey
("Never, Never, Never, Give Up," Winston Churchill ><>)
To: MeshugeMikey
It would be interesting if it turned out that Jim Buckmaster was someone who hated the MSM and purposely created Craigslist to deny newspapers their major revenue stream.
If I were a liberal I would suspect that the Koch brothers were secretly funding Craigslist, but then I would quickly move on from that and use Craigslist to score some dope and hook up with a kinky chick.
To: MeshugeMikey
... The revenues generated from these fees cover only the operating expenses of Craigslist. The company has not made a profit since its inception. This is intentional -- Craigslist president Jim Buckmaster has stated that creating a superior user experience is more important to the company than making money.Of course, Mr. Buckmaster's salary, draw, expenses, and per diem are all elements of that "operating expense".
I expect I could deal with that.
53 posted on
05/24/2015 10:22:43 PM PDT by
norton
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