Today, Craigslist is one of the most well known of all online urban communities on the web. It allow people to place free classified adverts relating to various subjects, as well as having forums where people can discuss various topics.
Craigslist was founded by Craig Newmark from the San Francisco Bay Area in 1995. Then it became incorporated in 1999. Since its incorporation as of November 2006, there were over 450 cities where a Craigslist has been established.
The business now operates with a team of 24 people, and the only way they make any revenue today is through the job adverts paid for in selected cities around the States. Ads placed by companies in the San Francisco Bay Area cost $75, while those placed by companies or businesses in New York, Los Angeles, San Diego, Boston, Seattle and Washington DC will cost them $25 for each advert placed. Also today, a real estate broker will need to pay $10 for any apartment listings they place on Craigslist for New York.
Today, this site is receiving over 500,000 new job listings each month, and so makes it one of the top job boards in the world today. The classified adverts that are placed on this site range from more traditional ones where people are able to buy and sell goods, to community announcements…even personal adverts or erotic services are being provided through this site.