David Collantes

Verified ($6.50/year for the domain)

Craigslist founder will not sell

The founder of craigslist, the free social-networking and classifieds Web site, said on Thursday he is not interested in selling out, just hours after MySpace.com was valued at $15 billion.

“Who needs the money? We don’t really care,” Craig Newmark said in an interview at the Picnic ‘06 Cross Media Week conference in Amsterdam.

“If you’re living comfortably, what’s the point of having more?” Newmark said.


Newmark said raising the money to subsequently give it away to good causes also did not interest him.

“Finding a good cause is incredibly hard and time-consuming,” he said, adding that he and Chief Executive Jim Buckmaster agree on not cashing in.

“We both know some people who own more than a billion (dollars) and they’re not any the happier. They also need bodyguards,” he said.

Somehow I really like the way this guy thinks. He is living comfortably. He doesn’t want or need to have more. I wish more people (if not everyone) would think like him.