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Founders at Work.pdf

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248 <strong>Founders</strong> <strong>at</strong> <strong>Work</strong><br />

I saw a lot of people helping other people out, and I figured, “Well, I should<br />

do something.” In early ’95—I don’t know when—I started sending out notices<br />

about cool events—wh<strong>at</strong> I thought were cool events—to friends. It may have<br />

been 10 to 12 people, CC list, using Pine, and th<strong>at</strong> worked out pretty well.<br />

These were usually arts and technology events, like the Anon Salon or Joe’s<br />

Digital Diner. More people wanted to be added to the list. They were calling it<br />

“Craig’s List.” Over time, they suggested other kinds of things, like jobs or stuff<br />

for sale.<br />

In the middle of ’95, the CC listing broke and I had to give the thing a formal<br />

name and use a listserv. Somebody offered Majordomo and I was going to<br />

call it “SFEvents,” but the people who were calling it craigslist said, “Keep calling<br />

it th<strong>at</strong>. It will signify th<strong>at</strong> it will be personal and quirky.” They were right.<br />

Th<strong>at</strong>’s a microcosm of our whole history: people would suggest things to me,<br />

and then I would figure out wh<strong>at</strong> seemed to make sense—wh<strong>at</strong> a lot of people<br />

were asking for—and then I’d do it. Even now, with a whole company behind it,<br />

we listen. We do stuff, we follow through, and then we listen more. Wh<strong>at</strong> we do<br />

is almost 100 percent based on wh<strong>at</strong> people ask us to do.<br />

The biggest entrepreneurial lesson I’ve learned has been th<strong>at</strong> you really do<br />

need to follow your instincts. I trusted some people who my instincts were<br />

telling me were untrustworthy, and in some cases they proved to be very<br />

untrustworthy. But th<strong>at</strong>’s fixed now.<br />

I got lucky in th<strong>at</strong> I realized rel<strong>at</strong>ively early th<strong>at</strong> I’m not a good manager. Jim<br />

Buckmaster is CEO and he does a gre<strong>at</strong> job and th<strong>at</strong>’s why my title is currently<br />

“Customer Service Rep and Founder.” Sometimes I exploit th<strong>at</strong> George<br />

Costanza magic I have and I act in a glamorous figurehead role, where I’ll do<br />

public speaking or wh<strong>at</strong>ever. But I spend 40 hours a week or more doing customer<br />

service. I was doing th<strong>at</strong> minutes ago. I’ll be doing so again in minutes.<br />

The biggest single project I have now is dealing with misbehaving apartment<br />

brokers—rental brokers in New York City.<br />

The biggest problems are different forms of bait and switch, where they<br />

post an ad for an apartment in the no-fee section, but they actually charge a sizable<br />

fee for renting it. The standard is 15 percent of a year’s rent, which can<br />

easily be $3,000 or $4,000. Th<strong>at</strong>’s a lot of money. So we can handle some forms<br />

of th<strong>at</strong>. The bigger forms will require better forms of reporting, which I’m starting<br />

to think about, but which might not happen until l<strong>at</strong>er.<br />

Livingston: Take me back to 1995. Craigslist began as an email list, but <strong>at</strong> some<br />

point you decided to put it online. How did you program it?<br />

Newmark: Sometime in l<strong>at</strong>e ’95 I realized th<strong>at</strong>, “Hey, I have a lot of this email<br />

sitting in folders.” At this point, I think I’m oper<strong>at</strong>ing on a Solaris system and<br />

I’m using Pine. I have email in several c<strong>at</strong>egories and I can write Perl code,<br />

which turns the email logs into web pages. So I had instant publishing.<br />

Everything has grown since th<strong>at</strong>. I was, in fact, using Pine as my d<strong>at</strong>abase tool<br />

until l<strong>at</strong>e ’99, <strong>at</strong> which point we switched to MySQL.<br />

Through the first years, probably through ’98, it was mostly Solaris,<br />

although there was a period of maybe a year with Linux. But we used something

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