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
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
Craigslist was the big winner --- to the tune of $3.1 million --- in its intellectual property infringement lawsuits against data aggregator 3Taps and Lovely, a rentals site. It has also settled with PadMapper, another apartment site that generated terrific results using Craigslist data; no financial terms of that settlement were indicated in the agreement filed with the court.
3Taps owner Greg
Two very good overview articles about international media / newspaper companies today:
--- The Financial Times has an overview of Naspers in advance of its annual earnings report on Tuesday. It outlines how Naspers stock has soared during the past few years, primarily because of its huge stake in the Chinese dot-com Tencent, and looks at its classified and other businesses.