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Creating the World’s Most Popular List: Craigslist is Born
“We don’t have much in the way of a business strategy,” says Newmark. “Like no business plan. Which I say to torment all my friends who are VCs or MBAs. That’s always entertaining. The deal is, it’s a mixture of luck and persistence.”

Lesson #2: “Getting out of the way is really important”
One of the reasons why Craigslist has become such a success story is because Newmark has understood the importance of getting out of the way where and when it mattered. From content to overall management of the site, he knew that it was not going to be him who always had the best answers. And, where it counted, he was willing to step back and hand over the reigns.

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