Re:EBay Inc. Sells Equity Interest in Craigslist
by smitherfield on Saturday June 20, 2015 @12:47AM
(#9749023)
Craigslist has no advertising on their site and doesn't charge for listings except for a few small sections of the site in major metropolitan areas (the funds from which they use for their business expenses). I think it speaks to the state of the bubble we're in that one of the "blue chip" internet companies has a business model of "be an ultra-speculative investment as long as possible." Of course Amazon too, but I'd say Craigslist is a more extreme example.
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Re:EBay Inc. Sells Equity Interest in Craigslist
by hayksaakian on Saturday June 20, 2015 @12:59AM
(#9749049)
This is coming from personal experience so take it with a grain of salt:
Craigslist is an insanely valuable source for lead generation in recruiting, and car sales.
I run a recruiting company and craigslist is the best source of applicants by volume and return on investment (cost ($) per applicant).
Having observed them closely, they are not ignorant to this fact.
When specific cities or sections grow more popular they begin charging fees.
Their biggest boon has been a recent change to charge car dealerships 5$ per post. Car dealers pay because only months earlier they were paying for black hat solutions to post for 1-2$ per post.
Re:EBay Inc. Sells Equity Interest in Craigslist
by yeukhon on Saturday June 20, 2015 @02:03AM
(#9749176)
FWIW, if you ever watched hot girls wanted (a documentary film) you will learn that a lot of "porn stars" were recruited via craiglist. It was a very interesting documentary to see how many people would actually use craiglist to find opportunity.
Re:EBay Inc. Sells Equity Interest in Craigslist
by karterk on Saturday June 20, 2015 @01:12AM
(#9749082)
Interesting - what candidates do you recruit using Craigslist?
Re:EBay Inc. Sells Equity Interest in Craigslist
by cft on Saturday June 20, 2015 @01:33AM
(#9749126)
We recruted an MIT graduate for a programming position via CL.
Re:EBay Inc. Sells Equity Interest in Craigslist
by NDizzle on Saturday June 20, 2015 @02:05AM
(#9749177)
Honestly, I'm not interested in working for a place that doesn't use craigslist.
Re:EBay Inc. Sells Equity Interest in Craigslist
by mikedb on Saturday June 20, 2015 @02:43AM
(#9749227)
There was analysis recently of the 'on demand' players craigslist lead gen spend.
Re:EBay Inc. Sells Equity Interest in Craigslist
by colechristensen on Saturday June 20, 2015 @01:26AM
(#9749107)
I was recruited to my first sysadmin/devops/etc. position through craigslist; similarly I encouraged a family member who quickly found a construction engineering position.
Re:EBay Inc. Sells Equity Interest in Craigslist
by hayksaakian on Saturday June 20, 2015 @01:19AM
(#9749096)
Sales positions. car sales, insurance sales, real estate sales.
Re:EBay Inc. Sells Equity Interest in Craigslist
by elcct on Saturday June 20, 2015 @03:04AM
(#9749258)
chemists, sales persons, security, pilots... ;)
Re:EBay Inc. Sells Equity Interest in Craigslist
by tomasien on Saturday June 20, 2015 @10:57AM
(#9750108)
How can you say that in response to a comment saying that Craigslist made $335 MILLION and doubled revenue year over year? I mean sure perhaps dispute the underlying facts (they seem rock solid to me) but if making $335,000,000 in revenue is somehow the sign of a bubble then... i don't know what to say.