A fun project might be a healthy hobby to indulge in after a busy 9 to 5 schedule, but is it worthwhile investing the time and effort?
The founder and CEO of craiglist, Craig Newmark, presented all the whys and hows.
Craig was wise enough to identify the requirements of the locals after becoming frequent at local programming events. He targeted the audience and assisted them by creating an email list to keep everyone informed. The list gained popularity quickly, and people ultimately began utilizing it for purposes more than simple meetups.
The email list was shut down by Craig due to the excessive traffic, and everything was then moved to the Craigslist website (stylized as craigslist), and the rest is history!
Craig Newmark was named one of the 100 most influential people in the world by Time magazine in 2005. Craigslist’s net income as of today is $500 million.