Here’s a fascinating piece in The Wall Street Journal about Craigslist. What’s remarkable about the company is the extent to which it is focused on users. It makes plenty of money, leveraging the low distribution costs of the internet, but it also leaves a huge amount of money on the table. They won’t do anything that doesn’t “serve their users,” which includes banner ads, for example.
What a remarkable principle. And you have to hand it to Craigslist — they’ve really stuck to it.
I don’t see any explosive growth potential in The Sound of Young America, but I admire a private enterprise with principles like Craig’s.