• $122
  million expected revenues for the no-frills classified site in 2010 alone; at least 70 percent of that is pure profit (and mostly from employment ads)
• $39
  million in revenue will come from
  the controversial for-pay “Adult Services” section, made in the wake of the Craigslist Killer source

• » Printing their own money: The site has a small staff for what it is, but despite that, it’s a total gold mine. For every employee Craigslist has (around 30), the company makes $4 million in revenue and at least $2.9 million in profit, a level so high you simply won’t find it anywhere else in the industry. We wish we made $3 million in profits per employee.

Posted by Ernie Smith • Permalink