4/7/2008CraigsList called non-profit, is it really?

Craigslist calls itself a non-profit website. Is it?

This is a picture of how much CraigsList earns:

2003 - us $ 7 million
2007 - us $ 55 million
2008 - us $ 81 million

CraigsList has 25 employees. Considering all of them have to get paid, does all that money required to pay the employees? Apparently it seems to come down to the point "we are non-profit, but we really are not".

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Posted by: WebCosmo
Posted on: 4/7/2008 at 5:46 AM
Categories: Advertising / Marketing
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Kevin us

Tuesday, June 10, 2008 5:08 AM

Kevin

Craigslist started out as non-profit, but they really need to change their status to for money. Yes they have to pay their bills and people, but we all know that there is more money coming in then going out. The other issue to consider is that ebay owns 25 percent of the company. Now this is a sure sign that there is money being made. Ebay would not invest its money into something that was not going to provide a return on its investment.

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