that *is* funny!
Delia
P.S. craigslist search has been kept at rudimentary level apparently to "save" money (people have been begging for an upgrade forever...) -- I suppose it all adds up if your goal is to end up with huge net profits and craigslist appears to have done a spectacular job at that since switching to for profit in 1999...
P.P.S. the hefty cash cow must be obese by now... D.
Showing posts with label BusinessWeek. Show all posts
Showing posts with label BusinessWeek. Show all posts
Monday, October 29, 2007
Wednesday, May 16, 2007
craigslist gives away around 1% of revenue? ooh, my...
MORE: this means that how much craigslist contributs to the foundation (I'm assuming this is public info given that Ryan seems to have been able to get it) is good info to have...-- multiplying it by 100 should give a good idea of current revenues
........................
how generous for an organization that was supposed to be a non-profit!
Jim:" We give away at least 1% of revenue"
(2nd page, 2nd question)
again... take a look at what Ryan said about it in his "craig$list.com" article in the SFWeekly...
That "category" allows Newmark to keep the domain Craigslist.org, a name that gives the false impression that the site is a nonprofit, by using ".org," an extension almost exclusively used by nonprofit companies and foundations. Craigslist's marketing materials call this "a symbol of our service mission and non-corporate culture." Craigslist.com, which the company also owns, draws far less traffic.) It permits Newmark to use the word "non-commercial" twice on Craigslist's "Mission and History" page, and to bury the phrase "No charges, except for job postings" in the third line from the bottom. It means establishing a separate nonprofit, the Craigslist Foundation, which trains other nonprofits in marketing, technology, and fundraising skills, but makes no grants, has no endowment, and charges for many of its training events. This year, Craigslist will provide less than half of the foundation's $240,000 budget.
(forth page, fifth paragraph from bottom)
Delia
P.S. Jim appears to be talking about the craigslist foundation
........................
how generous for an organization that was supposed to be a non-profit!
Jim:" We give away at least 1% of revenue"
(2nd page, 2nd question)
again... take a look at what Ryan said about it in his "craig$list.com" article in the SFWeekly...
That "category" allows Newmark to keep the domain Craigslist.org, a name that gives the false impression that the site is a nonprofit, by using ".org," an extension almost exclusively used by nonprofit companies and foundations. Craigslist's marketing materials call this "a symbol of our service mission and non-corporate culture." Craigslist.com, which the company also owns, draws far less traffic.) It permits Newmark to use the word "non-commercial" twice on Craigslist's "Mission and History" page, and to bury the phrase "No charges, except for job postings" in the third line from the bottom. It means establishing a separate nonprofit, the Craigslist Foundation, which trains other nonprofits in marketing, technology, and fundraising skills, but makes no grants, has no endowment, and charges for many of its training events. This year, Craigslist will provide less than half of the foundation's $240,000 budget.
(forth page, fifth paragraph from bottom)
Delia
P.S. Jim appears to be talking about the craigslist foundation
Tuesday, May 15, 2007
(inadequate customer service) Jim, you know damn well you don't need to make any MORE money...
re: Jim, answering to a question from the audience: " it's not necessary for us to look for ways to make more money in order to hire people..." (first question from the audience, fifth paragraph from the end of the interview)
no it ain't! -- you've got tens of millions in profits... remember? you should be ashamed of yourselves to spend as little as you can get away with on customer service, of all things -- the stuff you rave about ... remember? (and don't get me started on the goofy PR you seemed to have picked-up from Craig... you know what's going on Jim -- you are NOT brain dead!)
Delia
P.S. looks like people are waking up -- sadly, it's not the journalists but the people from the audience who ask real questions and unfortunately they are usually not allowed follow-up questions... still... looks like an improvement! D.
no it ain't! -- you've got tens of millions in profits... remember? you should be ashamed of yourselves to spend as little as you can get away with on customer service, of all things -- the stuff you rave about ... remember? (and don't get me started on the goofy PR you seemed to have picked-up from Craig... you know what's going on Jim -- you are NOT brain dead!)
Delia
P.S. looks like people are waking up -- sadly, it's not the journalists but the people from the audience who ask real questions and unfortunately they are usually not allowed follow-up questions... still... looks like an improvement! D.
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