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Craig Newmark's Moral Compass

Posted Mar 06, 2008 03:28pm EST by Sarah Lacy in Internet, Media, Newsmakers, Venture Capital, M and A, IPOs
Craig Newmark isn't the CEO of a huge public company. He's not a VC power broker. He's no linchpin of San Francisco society. But he's one of the most beloved figures on the Net. The witty and self-effacing Newmark is, of course, the Craig in Craigslist. Craigslist is the twenty-third largest site in the U.S., according to HitWise and just keeps growing. Meanwhile it charges less than 1% of those users any fees and has zero advertising. It may be one of the most un-ambitious companies in the Valley -- even if it's one of the most successful.
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