iA


Craigslist Meets the Capitalists

Average Reading Time: less than a minute.

Craigslist Meets the Capitalistshas done the rounds, but it’s a nice heart warming antidote this Christmas, about a company that exists, well, for the sake of existing and spurns the usual profit maximising route….
So, as the not-really-for-profit craigslist chief explains why they do what they do, to confused Wall Street types…
“…the $10 fee the site charges for broker-sponsored apartment listing was chosen because it was “a nice round number.”
So, a site that is completely focused on providing people with something of value, a partan design that work really, really efficiently.
There’s some great lessons in here, huh?