Posts for Tag: craigslist

Craigslist expects record revenue: $100 million

Defying its anti-commercial reputation, Craigslist is expected to rake in $100 million in revenue this year, the most ever for the classified advertising site, according to a new report.

This is crazy talk. Not because Craigslist isn't widely popular but because they generated $100 million with only 30 employees. That's $3.33 million of revenue per employee! How many companies with similar revenues are doing better?  As a contrast, Google does about $21.8 billion in revenue with roughly 20,000 employees or a little under $1.1 million per employee.