Craig's List

"By monetizing Craigslist the way I did in 1999, I probably gave away already 90% or more of my potential net worth," Newmark said in a recent interview with the Nieman Journalism Lab. "The rationale is that if you’re a small businessman trying to put food on the table, I’d like you to keep the 100 bucks or whatever for a classified rather than me taking it and maybe giving back someday a buck." - Craig Newmark