Tag: jim buckmaster


Craigslist revenue soars again

Craigslist revenue soars again

Craigslist is "the most profitable classified site in the world," with estimated revenue of almost $700 million in 2016 at a margin close to 80 percent, according to research by the AIM Group.


Craigslist data infringement cases settled

Craigslist data infringement cases settled

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 Kidd last week...

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Craigslist, EBay litigation timeline

A timeline of the litigation between Craigslist and its part-owner, EBay: August 9, 2004 – EBay, Craigslist founder Craig Newmark and CEO and part-owner Jim Buckmaster, as Craigslist predecessor 1010 Cole Street, Inc. sign a shareholders’ agreement. According to the EBay complaint, this agreement “imposed certain transfer restrictions and rights of first refusal on the 1010 shares held by EBay, Newmark and Buckmaster.” The agreement...

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No doubt, if law enforcer had her way, Craigslist would be ‘banned in Boston’

No doubt, if law enforcer had her way, Craigslist would be ‘banned in Boston’

Goodness gracious. Craigslist CEO Jim Buckmaster and Massachusetts Attorney General Martha Coakley got into an electronic “slugfest” on the Boston Herald’s website over the weekend over prostitution ads on the classifieds portal. A “sex-ad slugfest” is what the Herald called it, which also called Craigslist an “online flesh pedder” in its news copy. That’s unusual enough. Reporters don’t usually take sides, at least not  obviously...

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Craigslist points a wagging finger at EBay over smutty Loquo ads; Loquo blocks browsers in U.S., elsewhere

Craigslist points a wagging finger at EBay over smutty Loquo ads; Loquo blocks browsers in U.S., elsewhere

Note: Updated Aug. 17 for comments from EBay Classifieds Group and our observation that EBay-owned Loquo.com has blocked browsers in the U.S. and elsewhere from viewing its content. New blog posts from Craigslist founder Craig Newmark and CEO Jim Buckmaster point fingers (not saying which ones) at EBay for allowing sex-trade ads on its Spanish free-ad site, LoQuo.com. Slamming both EBay and  California gubernatorial candidate Meg...

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Protest planned at Craigslist office

Protest planned at Craigslist office

Here’s a scene we’d like to see (but we’re betting we won’t): Women picket outside Craigslist’s offices in San Francisco, frustrated with the company’s approach to ads that lead to prostitution. Jim Buckmaster, the lanky CEO of the free-classifieds site, wanders outside to talk with them directly and explain his position on why the company offers “adult services” ads — and to learn about their...

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Buckmaster up in arms

Buckmaster up in arms

            Jim Buckmaster, CEO of Craigslist, has posted not one, not two, not three, but five lengthy items to the Craigslist blog in response to the fallout from our Craigslist special issue of Classified Intelligence Report.             In brief order:             — He notes a campaign on Twitter demanding that Craigslist shut down its personals, and he defends them as a valuable service — accusing opponents...

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Dividends to Craigslist execs called ‘extortion,’ deal negotiator testifies

Dividends to Craigslist execs called ‘extortion,’ deal negotiator testifies

By Charles McKinney GEORGETOWN, Del. – EBay VP of bizdev Garrett Price characterized payments to Craigslist CEO Jim Buckmaster and founder Craig Newmark as “extortion” for the opportunity to buy shares from a disgruntled former employee. Price was the lead negotiator in EBay’s purchase of approximately one-quarter of Craigslist in 2004. .. The exact percentage of that share is under dispute, and why EBay brought...

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EBay v. Craigslist, a review

The eBay/Craigslist saga began in 2004 with the unwelcome eBay purchase of stock in 1010 Cole Street, Inc. – the precursor to Craigslist.  A 1010 employee sold his company shares to eBay, giving the online marketplace 28.4 percent of 1010 stock.  According to the Craigslist site, however, eBay acquired only 25 percent of the equity.  The difference between 28.4 and 25 percent is a noticeable...

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U.S. Congress demands response from Craigslist

The U.S. Congress has joined the bash Craigslist fray. A bipartisan letter signed by 26 U.S. Representatives says they are “disturbed by the number of violent crimes that have resulted from the ‘Erotic Services’ section of Craigslist.” That section has now been changed to “Adult” and is being moderated by Craigslist staff. But the letter said that wasn’t enough. “It is imperative that creating an...

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