I almost always fight the SV meme that largely founders focus on throwaway trivial ideas. I just think this is so stupid. Craigslist is one of the few companies that isnt greedy, is community driven, and if there are examples using there outsize market to kill competitirs or act nefarious-- I havent heard them.
I did 3 craigslist deals in the past 2 days. Got coffee with a stranger at 2am who let me flash an os to a drive he sold me for cheap..at 2am.
Craigslist is the email of startups. It works well enough, its a cockroach, and other substitute & complimentary companies fill its gaps. Ebay, etsy, amazon, tradesy, ect.
This isnt even a problem. I have done hundreds of deals and havent had a bad experience. Have others; Absolutely. Do I think its common, not in my experience. I suspect the percentage is low, but I dont have data.
Craigslist is what ai would like to see other companies model after, simplicity, community and no greed.
I may be alone, but i find this absurd and destined to fail. Is it profitable? Probably, but show me that balance sheet. Probably founders not oaying themselves, a tiny server and an apartment. I dont want to belittle the founders, they must have had a terrible experience, but this doesnt seem like a profitable or good strategy at all