Winning Class on Instagram: "One of the ugliest websites online earns over $700 million a year. It still looks frozen in the late 90s. Craigslist began in 1995 when Craig Newmark, a bored software engineer in San Francisco, created a simple email list to share local events. People started asking to post jobs, gigs, and items for sale. He said yes to all of it. The list became a website. Thirty years later, Craigslist serves 60 million users a month, employs only about 50 people, and prints massi
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Business | Entrepreneurship | Wealth on Instagram: "Craigslist became one of the most profitable websites on the internet by doing the opposite of Silicon Valley. At its peak, the platform generated over $1 billion per year in revenue with fewer than 50 employees, no ads, no personalization, no redesigns. Just plain text and user listings. Today, Craigslist still runs mostly the same interface it had in the 1990s. And while revenue has cooled to an estimated $600–$700 million per year, the compa
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