Craigslist has been accused of single-handedly killing the newspaper industry by conditioning people to pay as little as zero for classified ads. Craig Newmark famously knows he is leaving perhaps 10s of millions of dollars on the table, and famously could not care less. Meanwhile, the traditional lifeblood for newspapers for your used car is being drained dry by this international classified ad network and by slightly-more-expensive-and-more-complicated auction services like eBay. You can’t blame Craiglist for innovating – despite their business model, they clean up, thank you very much – just like you can’t blame Google. You’d have to blame the entire internet.
