What's Next for Craigslist?

Founder of the giant community classifieds site Craigslist, says it's not an altruistic calling.

Craig Newmark wants to clear up a few misconceptions about the popular community site he started back in 1995. In his keynote at the UGC Conference & Expo here this week, Newmark started with a joke and then said something that may have surprised users of the mostly free classifieds site, which almost seems to go out of its way to avoid profit.

"I don't think there's anything noble or altruistic about what we do, it is a business. It just feels like the right thing to be doing," he said.

Newmark touched on a number of topics, including Craigslist's growth and its plans for the future. The UGC (User Generated Content) conference is owned by Jupitermedia, which is the parent company InternetNews.com. ... Go to source