Craigslist Simple Business Model

In a world of constant pressure to maximize the bottom dollar, it’s nice to see Jim and Craig’s wild success with a very simple formula:

Focus on the customer – keep the site clean – keep troublemakers out.

I love that model…

Link: Craigslist Chief Having Too Much Fun to Exit – Mergers, Acquisitions, Venture Capital, Hedge Funds — DealBook – New York Times.