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Craigslist Turned Small Ads into Big Business
For journalists, Craig Newmark is the meteor that came hurtling to Earth and destroyed their world. Craigslist, the unassuming site that bears his name, is thought by some to have killed one of the major cash cows of the US newspaper industry – classified advertising.When he started the site in early 1995, he says: “I had as few thoughts as possible and certainly no vision. In particular, I had no idea that it might affect the news business.”
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