![]() ![]() Analysts and commentators have reported varying figures for its annual revenue, ranging from $10 million in 2004, $20 million in 2005, and $25 million in 2006 to possibly $150 million in 2007. The company does not formally disclose financial or ownership information. Ĭraigslist's main source of revenue is paid job ads in select American cities. In December 2006, at the UBS Global Media Conference in New York, Craigslist CEO Jim Buckmaster told Wall Street analysts that Craigslist had little interest in maximizing profit, and instead preferred to help users find cars, apartments, jobs and dates. In 2009, Craigslist operated with a staff of 28 people. The classified advertisements range from traditional buy/sell ads and community announcements to personal ads. cities listed on the Craigslist home page collectively receive more than 300,000 postings per day just in the "for sale" and "housing" sections as of October 2011. The site receives more than 2 million new job listings each month, making it one of the top job boards in the world. With more than 80 million new classified advertisements each month, Craigslist is the leading classifieds service in any medium. The site serves more than 20 billion page views per month, putting it in 72nd place overall among websites worldwide and 11th place overall among websites in the United States (per on June 28, 2016), with more than 49.4 million unique monthly visitors in the United States alone (per on January 8, 2010). Craigslist sites for some large cities, such as Los Angeles, also include the ability for the user to focus on a specific area of a city (such as central Los Angeles).Ĭraigslist headquarters in the Inner Sunset District of San Francisco prior to 2010 states of Delaware and Wyoming, the Colorado Western Slope, the California Gold Country, and the Upper Peninsula of Michigan. Some Craigslist sites cover large regions instead of individual metropolitan areas-for example, the U.S. As of August 9, 2012, over 700 cities and areas in 70 countries had Craigslist sites. In March 2008, Spanish, French, Italian, German, and Portuguese became the first non-English languages Craigslist supported. On the same day, a new section called "Gigs" was added, where low-cost and unpaid jobs can be posted free. On August 1, 2004, Craigslist began charging $25 to post job openings on the New York and Los Angeles pages. cities in 2000, four in 20 each, and 14 in 2003. Buckmaster contributed the site's multi-city architecture, search engine, discussion forums, flagging system, self-posting process, homepage design, personals categories, and best-of-Craigslist feature. In January 2000, current CEO Jim Buckmaster joined the company as lead programmer and CTO. By April 2000, there were nine employees working out of Newmark's San Francisco apartment. Around the time of these events, Newmark realized the site was growing so fast that he could stop working as a software engineer and devote his full attention to running Craigslist. Craigslist was incorporated as a private for-profit company in 1999. In April 1999, when Newmark learned of other organizations called "List Foundation", the use of this name was dropped. In the fall of 1998, the name "List Foundation" was introduced and Craigslist started transitioning to the use of this name. Newmark registered "", and the website went live in 1996. Community members started asking for a web interface. The initial technology encountered some limits, so by June 1995 Majordomo had been installed and the mailing list "Craigslist" resumed operations. User demand for more categories caused the list of categories to grow. This led to the addition of a jobs category. People trying to get technical positions filled found that the list was a good way to reach people with the skills they were looking for. There was no moderation and Newmark was surprised when people started using the mailing list for non-event postings. The number of subscribers and postings grew rapidly via word of mouth. Most of the early postings were submitted by Newmark and were notices of social events of interest to software and Internet developers living and working in the San Francisco Bay Area. In early 1995, he began an email distribution list to friends. Having observed people helping one another in friendly, social, and trusting communal ways on the Internet via the WELL, MindVox and Usenet, and feeling isolated as a relative newcomer to San Francisco, Craigslist founder Craig Newmark decided to create something similar for local events. Craig Newmark, the founder of Craigslist, in 2006 ![]()
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