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craigslist Craigslist is an online classified community, and has been dubbed the 'newspaper killer for its dominance over traditional print media. It may be the only site that you can use to buy a car, new furniture, look for a job and connect with a casual sex partner in one sitting In the first year, Craigslist was just an email distribution of local events.In 1996, Craig put the service on the web and began running local classified ads Craigslist was started in 1995 Craig Newmark as a way to keep in touch with local friends. OR Boston CA DC Di In 1999, Craigslist incorporated and spread out to nine other U.S. cities Today, there are over 700 local Craigslist sites in 70 countries. In May 2010, Craigslist got 59,934,438 unique American visitors. Alexa lists Craigslist as the 7th most viewed site in America, and the 33rd most viewed site in the world craig Neumark And gets up to 50,000,000 queries a day from around the world. Shhl Founder Craig Newmark and CEO Jim Buckmaster are notoriously hush-hush about Craigslist's revenue and budget 28 people are employed by the company. Employees work in a Victorian house in the Sunset District of San Francisco. Craigslist makes its profit by charging for job ads in 18 different cities and apartment ads in New York City one speculated the site was worth 5 billion dollars Craigslist charges $75 to post job ads in San Francisco. Est. annual expenses: $7,500,000 WANTED Job ads in 18 other US. cities cost $25 NOW HIRING Est. annual revenue: $81,000,000. Ads for brokered apartments in NYC cost Craigslist's server and bandwidth cost is not Adult services ads cost $10 and reposts available to the public. cost $5 Unfortunately, Craigslist has also become a venue for promoting prostitution. One advocacy group estimates that 70% of all sex trafficking busi- ness is done online, up from 40% from a few years ago. The spike is contributed to Craigslist. some un From 2008 to 2010, the city of Chicago alone had over 200,000 sex ads on Craigslist. In April, 2010, 14 members of the Gambino crime family were arrested for selling sexual services of girls ages 15 to 19 It is estimated that one-third of all of Craigslists revenue now comes from the adult services ads WANTED In 2009 a 22 year old medical student was branded the 'Craigslist killer after using the site to assault and kill sex workers. There are more than 40 million new classified ads published every month. Craigslist also runs two charitable foundations the Craigslist Charitable Fund and the Craigslist The site is run on open source software. According to Newmark, the only software that they've paid for was the accounting software Thank you! In addition to classified ads, bartering has significantly increased during the recession. Swapping ads in July of 2008 were double from the July 2007. One Nevada parent tried to barter a rifle for a crib. A nursing student advertised willingness to trade work for immunization shots. An Arizona man was arrested for attempting to barter marijuana for an iPod. DesgRicky Li http:isiteanalytics.compete.comcraigslst.org http://www.craigsist.org/aboutlexpansion http://www.craigsist.org/aboutljob boards_compared http:/wwwalexa.com/siteinto/craigslist org http://wwwbusinessinsider http:/www.craigsist.org/about/presslebay stake http://www. gainesvilletimes.com/news/archive 34013 http://www.nydailynews.comnewsiny crime/2009M04/20/2009-04- http: /news.cnet.comV8301-1023 3-10239610-93 htmml http:/www.wctv.t htrm 02barlering rise/index.html http://www.cnn http:/www.hulfingtonpost 623113 html http://wwwforbes.com/2008/05/13/craigs-ist-ebay-tech-ebiz-ox wt 0513ebay htm http://www craigsist.org/abouthelp/posting fees http://www.aolnews.commation/article/sex-ads-account-for-a-third-of-craigslists-revenue/19455611 http://www.nytimes.com/2010/04/26/technologyl26craigslist.html

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