OfferUp, a Craigslist competitor app, comes out of "stealth" mode to disclose it's received $90 million in funding and facilitated $2.9 billion worth of transactions. Still, anyone who thinks OfferUp has an easy road ahead of it is mistaken.
Ross Hoddinott, long-time Australia-New Zealand director for the AIM Group, died Sunday at 66 of cancer. His funeral will be held Wednesday in Sydney. (Click for details.)
EBay says next to nothing about classifieds during its earnings call and in its first earnings report since the PayPal split.
LAS VEGAS --- The IAEWS, the International Association of Employment Websites, is no more. Founder Peter Weddle announced on Saturday at the group’s fall conference that it has rebranded as TA Tech, or The Association for Talent Acquisition Technologies.
Why the change? The name was good when Weddle started the association seven years ago, but the group has grown well beyond employment websites
Noting that Backpage.com “is [in] jeopardy of disappearing” if its payment processing is cut off, a federal court judge in Chicago today granted a temporary restraining order against Cook County, Ill., Sheriff Thomas J. Dart and scheduled a hearing on Tuesday to decide whether Dart should be required to retract his letters to Visa and MasterCard that effectively cut off payments to Backpage.
Here’s a pretty good overview on the “new” EBay --- which gets back to the basics of being a marketplace now that PayPal has been sliced off. The spin-off was completed on Friday, and PayPal starts trading on Nasdaq Monday as PYPL.
19 Jul 2015
Updated with Apartments.com info; RentPath revenue comment
From cars to apartments.
Chip Perry, the founder and long-term CEO of AutoTrader.com, has jumped to another Atlanta-based classified company as its new CEO and president. He’ll be heading RentPath, a conglomeration of rental-advertising businesses that’s part-owned by Providence Equity Partners, which had an investment in Au
There’s an old adage in law enforcement: “Follow the money.”
Sheriff Thomas J. Dart of Cook County, Ill., (the county that includes Chicago), did that very successfully in his efforts to shut down the prostitution advertising on Backpage.com.
Short-term: Clearly a success. Longer term: Probably a massive failure.
Dart sent a letter last week to Visa and MasterCard, urging
Tony Lee, the long-time “face” of both Adicio and CareerCast, is leaving the company and joining SHRM, the Society of Human Resource Management, as VP-editorial.
SHRM describes Lee as “a recognized authority on recruitment trends” and said he’ll be
06 Jul 2015
This is called “biting the hand that feeds you.”
The Electronic Frontier Foundation will be getting $1 million in donations from Craigslist Inc., whose founder Craig Newmark sits on its advisory board --- but the organization has posted a slap at Craigslist on its website.
“We’re … sorry to see Craigslist succeed at blocking new and innov