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Comments (248)

  • helterskelter
    I don't know much about this guy, but I remember reading an interview with him maybe 15 years ago where he was asked if his lifestyle had changed since he came into money and if he bought a new house or anything, and his answer was basically something like: "Not really, and I've already got good water pressure where I'm at, what else do I need?" I can't help but like his attitude.
  • roksprok
    Craigslist is often held up as an example of a company "doing it right", but what is never mentioned in these posts is that a large portion of their revenue comes from facilitating scams. Around 25% of rooms/apartments I contact are scams, and Craigslist has so far done nothing to prevent these. A common scam is to take pictures from a real estate site of a house that recently sold and advertise it as for rent, but they don't even let you say "I live at this house and do not want to rent it, don't let anyone post it".
  • vrinsd
    Sadly, I think Craig might have done MORE for society by simply improving Craig's List and removing/reducing the amount of spam and junk posts it allows.I can't claim the changes would be easy to implement, but if they made a FEW small changes the result would be 1000x better.For example if you want to sell something on Craig's List they do some "you can't make this post because it looks too similar to a previous posting" kind of thing AND you might need a mobile number but somehow someone can stuff 1000 random keywords into a for-sale posting that's not at all about the item? So if you're looking for a "Miata" you'll end up getting listing for a bunch of other cars since someone is gaming the system?Or it's an option to "reject duplicates" -- why do duplicates or clone postings even show up if they have their "this is too similar to another posting" capability?Or, Craig's List lets AutoTrader and other "commercial" sites post items but if you want to actually message someone now on AutoTrader you need to upload your DRIVERS LICENSE just to send them a message? So Craig's List is OK with a reciprocal arrangement with a vendor who does not honor the same "equality" rules Craig's List was built on?Sadly, many years ago I would send feedback to Craig's List and Craig himself would reply. I don't know if he's completely checked out of his site now, but if you're out there Craig a few simple changes could restore the utility of the service which you created. People like me would even PAY to see these improvements.
  • jrmg
    Is Craigslist still the go-to classifieds site in some places?Around here it’s (very sadly IMO) been almost completely replaced by Facebook Marketplace, to the extent that people make Facebook accounts just to use Marketplace.
  • foobarian
    I think he has given away a whole lot more than half a billion dollars when you think of the opportunity squandered to grow CL the way other unicorney companies grew
  • xnx
    Craigslist is one of the few sites with a UI even better than HN. Totally fits that Craig would have this type of character.
  • apparent
    I'd be curious to know how the economics of craigslist works, such that he's made so many hundreds of millions of dollars. It only charges a modest fee for a small fraction of transactions, but presumably the denominator is big enough that this adds up (and of course he would have subsequently invested the proceeds).I had assumed that the fee portion of the site was substantial enough to cover all costs, and generate perhaps tens of millions of profit (he's well known for having given away money to media, so obviously there's some profit). But I didn't realize that it made hundreds of millions of dollars.Are there any articles that break down how this pencils out?
  • fortran77
    I remember in the early days of Craigslist, I interviewed for a job with someone who advertised there. After the third interview, they offered me a job--with no money. They wanted to pay in shares of this tiny startup. I had explicitly asked them--I took good notes--in interview #1 if they had an actual opening for an actual job.I filed a lawsuit in Santa Clara county for "Fraudulent Misrepresentation" and they settled with me for $5,000. (California law is very good on this. They broke two laws with no cash wages and a non-compliant job posting.) But I also told Craig Newmark, because they had their job listing on Craigslist. He pulled their job listings, and sent me an email assuring me that nobody associated with the company would ever be able to advertise on Craigslist again. I was very impressed.
  • nunez
    > He doesn’t own a car and takes public transportation in New York City.Mr. Newmark gets it! I hope he's as nice in person as he comes off in this article.
  • LeoPanthera
    Craigslist is the pinnacle of web sites. True brutalist web design.
  • blks
    Did he give it away, or did he set up a fund managed by relatives, like Patagonia guy?
  • anon
    undefined
  • throwitaway222
    Ugh, the only thing giving money out has done has made a few millionaires. If he had $500M he would create much more for the public by creating companies. Seriously, wealth generated by companies far far far exceeds philanthropy, which enriches very few.
  • ElijahLynn
    That is beautiful! I hope to be able to be well off enough some day to give to causes I believe in (to start I would fund a ton of open-source engineers on projects that I use).Love news like this, happy tears!
  • Jblx2
    I wonder what the infrastructure is like for craigslist.
  • vvpan
    It is all about the system of values. The system of values that the stereotypical high powered CEO billionaires have is unfathomable to me. Do they have time to breathe? Do they have friends? Their lives sound boring and unfulfilling.
  • deadeye
    I don't have much love for this guy. He donated millions to the EFF to the point where CL owned the EFF.When CL bullied people who lightly scraped their site with CFAA threats, the EFF would not help. Ultimately, they ended up on the wrong side of history.While Musk has created hundreds of thousands of jobs and God knows how many millionaires, Newmark complains about him while having only created around 50 jobs. 50.Instead of building something else and employing more people he watches TV and feeds pigeons.Bravo. He's basically a beatnik who won the lottery.
  • scelerat
    I have a lot of fun memories about when I moved to SF in 2006. Among them was meeting Craig and interacting with him casually a handful of times. He was a regular at Reverie in Cole Valley, where a good friend and mentor of mine was also a regular. The two of them were friends and times I'd meet with my friend, i'd sometimes talk to Craig. He always seemed kind and had a sharp wit. I remember the first time I met him, my friend introduced me and said I had just moved to town. I blurted out, "know a good way to find an apartment?" Craig gave me a good-natured eye roll.I asked him one time what he was doing. Answering emails, he said. Customer support emails. I think he really enjoyed that part of the business.
  • forgetfreeman
    Having single-handedly done more to destroy American journalism than any other five people put together it is somehow even more deeply frustrating to find out that he didn't even really care about the money while he was doing it.
  • comrade1234
    It's too bad the pimps and prostitutes ruined casual encounters. Craigslist had to remove it because some people were using it for prostitution. It was a safe place to arrange experiences that you would never have had otherwise.
  • ryandrake
    > “They told me that I should treat people like I want to be treated,” he said. “I should know when enough is enough. And they told me I should be my brother's keeper or my sister's keeper. And that made sense to me.”Refreshing to see a multimillionaire+ who actually knows the meaning of the word "enough." The world seems to be run by people who don't even know of the word.
  • kaycebasques
    I'm curious about the logistical details of Newmark's donations. Skimmed the article but didn't see an answer. This is just a pledge to donate at this point, right? Newmark has not yet actually transferred any money? Presumably his trust would handle the transfer after his death or something. But then what exactly are they donating? Shares in a private company?
  • conformist
    It is great that he’s doing this and it’s making the world a better place.It’s a bit disappointing that in articles like this there’s relatively little discussion around what organisations receive the money and what impact it has. We should ultimately judge people by that, not abstractly by “charity == good”? If a billionaire donates millions to the Against Malaria Foundation I would judge that differently than a donation to an art museum in a developed country - and I think people should, and it matters morally.The difference between for profit and non-profit isn’t really important either compared to “what concretely did they spend money on and what does that plausibly achieve”.(Tbc some cause areas he donates to are explained, and they seem reasonable and close to his life, but unfortunately not in any depth).
  • scotty79
    Money is power and large power should be under democratic supervision. Billion dollars worth power is a large power.
  • kgwxd
    How did he even make money? Was it from craigslist? If so, how!?
  • specialist
    I appreciate any and all support for (independent) journalism. Craig Newmark Philanthropies has been very generous in that regard.Were I king, I'd (also): - Create endowments for journalistic orgs. Sufficient that they can maintain financial, and therefore editorial, independence. - Award lots of grants to independent journalists, to simply do their thing, no strings attached. This ensures plenty of content for those independent orgs. A keen observer may notice my proposal mirrors the right-wing ecosystem built up over the last 50 years.Currently, investments by non-right-wing donors to non-right-wing orgs are contingent. Metrics, strategy, ideology, blah blah blah. Whereas the right-wing ecosystem doesn't get bogged down by the money chase, endless self-justification, navel gazing, consensus building, etc.
  • oulipo2
    Meanwhile, the fragile-ego loser Musk is hoarding wealth and trying to destroy the planet
  • BrenBarn
    The side takeaway from this is that most rich people won't voluntarily give away their wealth, so it will have to be taken.
  • dayyan
    How effective is his giving?
  • Zopieux
    The world can't run on random philanthropy. You don't become a billionaire through hard work alone but through exploitation at scale.Tax the richs, or eat them.
  • gnerd00
    Planetwork org (serious,respected,boutique) interviewed with these people and got a sort of snotty frat guy to answer to.. He wanted to know if I had been to any weddings in France recently, as part of the interview. no checks were written
  • tomComb
    Can we get better source for this story? I find that website to be unreadable.
  • Zigurd
    Meh. Haven't the "effective altruism" people proved that conventional philanthropy is less effective?
  • zuzululu
    good for him!but empty words to the american working classit may be too late, now ppl hate the rich
  • nephihaha
    They get tax breaks for philanthropy.
  • rayiner
    We are almost two decades into the age of billionaire philanthropy and what’s results has it produced? Can you point to any area where it’s really changed the world?I think a fundamental problem is that the non-profit/NGO sector doesn’t have the same caliber of people as the private sector. There’s no Jeff Bezos equivalent working on inner city education. Bill Gates is really the only one who has tackled this, by investing his own time into public health, which I understand has produced real results.