A recent NYT article pegs Craigslist at $100 Million in Revenues. They have something like thirty employees. Maybe the employee cost is about $6 Million a year. A rough guess on all the overhead, servers etc is $20 Million.
That leaves profits of about $75 Million per year or $2.5 Million in profits per employee. Google’s profits per employee are a little over $200K which is pretty close to Microsofts, although I think Microsoft’s is more impressive since they are a much larger company. Something for Google to aspire to. But. Wow. Craigslist. That’s phenominal and a great example of how the web can scale with the right business model.
You need to check your math. Craigslist charges for rental and job ads. According to their own data, they get about 3,000,000 new ones a month. At $75 a pop, that’s better than $200m PER MONTH.
Forget Craig’s “aw shucks” manner, we are talking obscene money here folks.
When I had a job my tardshit boss was keep saying that if u are not there thats 3K USD loss/hour for the company.
Everybody just beat their dicks in the office and spent half day to go out to eat and smoke whatever so I just never really got it.
This whole thing is manager bullshit. I bet craig aint push 6 figures income for its employees…
From small beginnings comes great things.
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