Gawker
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sex trade
Craigslist's Brilliant Defense of Its Hookers
Law-enforcement officials have been slamming Craigslist's prostitute ads for years. CEO Jim Buckmaster's response has been benign: We don't profit from the ads, we're very nice and friendly with the cops, etc. No more. Push Buckmaster too hard, and he will cut you, as South Carolina just learned.
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By Ryan TateComment by Ohcaptainmycaptain: Thank God for this guy. For a secod there I thought I'd have to settle for sex with my girlfriend. 2 Responses | Other threads
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sex trade
Craiglist to start taking money from hookers
Everyone's favorite blowjobs-for-hire site has pledged to appease 40 state attorneys general by "curbing prostitution ads." You can read Melissa Gira Grant's in-progress response, but the kicker is CEO Jim Buckmaster's promise to start charging $10 a pop or so for Erotic Services ads. It's not pimping, it's protection — haha! I knew I couldn't say that with a straight face.
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By Paul BoutinComment by Alaska Miller: she looks kind of hot if not for the vampire teeth 1 Responses | Other threads
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blogging for dollars
Craigslist to critic: Don't make money
Tim White, the operator of Craigslistblog.org, an unofficial blog about the free classifieds site, is throwing in the slightly soiled towel. Craigslist, which launched its official blog well after White launched his in March, threatened him with legal action over its name in April. Craigslist's lawyers and White have been going back and forth since then. White tells Valleywag Craigslist has now offered him a settlement: If he agreed not to sell the domain name or run advertising, they'd let him keep the site. Instead of agreeing to it, he's shutting down the site. More » -
jackpot
Craigslist's "nerd values" don't include $16 million payday from eBay
We need more gushy "Internet rich dudes, they're just like us!" star profiles, don't we? The problem is, in the Valley, too few are willing to flaunt their success. Take this piece of fiction about Jim Buckmaster, Craigslist's CEO, in the Times of London: "He lives in a modest, rented apartment not far from the company’s global headquarters, a rickety 19th century house tucked between a pizza restaurant and a junk shop in San Francisco." If a "modest apartment" is a freestanding house — a rarity in San Francisco — which can accommodate 40 people for Thanksgiving, then sure. The article also repeats an old canard about how Newmark doesn't have a place to park his car — when he's had parking behind the house he owns for years. More »
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Comment by Internetguy2008: While I don't know all the details, pretty sure Craig didn't "broker" the deal. Another investor sold their shares to... 1 Responses | Other threads
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sex trade
What Craigslist can and can't do about "daughters selling their bodies"
After last week's FBI sting conducted in concert with local law enforcement, in which 389 arrests netted 21 underage prostitutes, including four in Sacramento, Craigslist is again in the sex-panicked spotlight. In a familiar routine, law enforcement give stories of how they use the site's Erotic Services section to launch investigations, and CEO Jim Buckmaster gives good onscreen time in voicing the Craigslist company line that it is aiding in efforts to monitor teen prostitution: More »
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Comment by valleywagfan: I just heard that Elms is out of jail... he beat the rap - it was all made up anyway. more » | Other threads
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craigslist
Would an in-house attorney keep Craigslist in line?
Hookers and eBay, shares and cops. If Craig Newmark and Jim Buckmaster, had an attorney on staff with them, would that have prevented questionable legal moves by the founder and CEO of the world's most reliable housemates and hookups platform? More »
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Comment by Marcos-El-Malo: OK, I just thought of one more. I'll stop now. "Tesla Roadster? More like Tesla CHOADster!" more » | Other threads
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hires
Jeremy Zawodny left Yahoo for Craigslist
While former Yahoo database engineer Jeremy Zawodny might prefer FriendFeed to Twitter, he'll be commuting to the offices of Craigslist from his home in San Jose. He was recruited via email by CTO Eric Scheide while still at Yahoo, and met with founder Craig Newmark and CEO Jim Buckmaster before leaving Sunnyvale for the Inner Sunset. He'll help maintain and expand the company's ever-growing MySQL database. Because the last thing someone trying to sell a baby needs is for a PHP mysql_fetch_array() call to fail when posting their ad. (Photo by David Weekly)
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By Jackson WestComment by Spy from the Land of Rainpeople: @Michael Arrington: But this photo was taken in a glider. I don't think termals in NorCal are reliable enough for... more » | Other threads
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craigslist
Jim Buckmaster's curious category system
It looked like an unassuming boast-post on the official Craigslist blog touting the site's fast page load times as computed by Alexa. But it's the post's category tags that caught my eye — Harassment and Philanthropy. Could be nothing, could be a subtle backhand to critics. You decide. -
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jim buckmaster
Craigslist CEO an expert time-waster
Jim Buckmaster, the suspiciously tall CEO of Craigslist, hates meetings. "I've always found them to be at best unproductive and boring, and at worst toxic and destructive," he tells FT Deutschland. "The people who want to show off do, the brown-nosers brown nose, everyone else wastes their time. I also think the larger the meeting, the worse it is." Buckmaster prefers to email or IM, even while in the same room as his electronic correspondents. When forced to attend a meeting, he finds ways to kill time: "Meetings are excellent for doodling. I can remember doing some really, really spectacular doodles." Doesn't this explain so much about how eBay's relationship with Craigslist soured? -
nerdfight
Craigslist whines like a toddler in countersuit against eBay
Craigslist has filed suit against eBay in San Francisco County Superior Court, alleging trademark infringement, breach of fiduciary duty, anti-competitve trade practices and deceptive advertising. Why California? Because the state has some of the strictest antitrust and competition trade laws in the country. Craigslist is asking the court to award damages and force eBay to divest from the online classifieds site. Also alleged? That eBay was a big meanie. The best parts: More »
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By Jackson WestComment by ivan007: I'm so glad you called thos moany Craigslisters as the babies they are ... more » | Other threads
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party report
For VentureBeat, a profitable display of excess
This is what I remember from last night's VentureBeat party: A social network for golfers announced a round of funding at the event. A social network for golfers? Is this what blogging has come to, I asked founder Matt Marshall. He gamely held his ground and ducked the question. As Kara Swisher documented in the clip above, VentureBeat's party at the Ambassador in San Francisco was a bubbly affair, packed wall to wall with free drinks for all comers — until the bar turned cash. That kept the event, paid for by sponsors, profitable, Marshall explained. I'm glad the blog bought me a drink. I needed it when I ran into Craigslist CEO Jim Buckmaster later that evening. He was perfectly civil, but it's disconcerting to talk to a man to whom one only comes up to clenched-fist level.
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By Owen ThomasComment by Duncan: For the love of god, someone buy Kara a camcorder with anti-shake technology. I know it's hard to keep a... more » | Other threads
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jim buckmaster
Responding to eBay, Craigslist CEO digs hole deeper
Jim Buckmaster has just set himself up for a messy court fight. Responding to eBay's lawsuit against Craigslist and its board — the board being Buckmaster and founder Craig Newmark — he has claimed that he and Newmark issued additional shares in the company to themselves "for the sake of protecting the long term well-being of the Craigslist community." Let's leave aside the question of how the community benefits from Buckmaster and Newmark increasing their ownership. Craigslist is registered as a for-profit company; as such, its only legal responsibility is to its shareholders, not its users. More »
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By Owen ThomasComment by Fidel on the Roof: Craigslist should be scared. It is rare that a juicy margin business goes without relevant competitors. Kijiji is NOT... more » | Other threads
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craigslist
Why Craig Newmark had better not piss off Jim Buckmaster
eBay's lawsuit against Craigslist, alleging that founder Craig Newmark and CEO Jim Buckmaster conspired to squeeze eBay out of the company, is fascinating for many reasons. It reveals Buckmaster and Newmark's naked greed: They issued shares of the company to themselves to increase their stakes and decrease eBay's.But it also shows how tight the two have been with Craigslist's workers. eBay owns, or owned 28.4 percent of the company, a stake acquired from early Craigslist employee Philip Knowlton. Knowlton sold his shares in part because Buckmaster and Newmark were trying to squeeze him out, too. (Are you beginning to see a pattern?) The two, acting as Craigslist's board of directors, issued themselves one new share for every five they already owned, a move which pushed eBay's ownership stake down to 24.85 percent — a level which, among other things, eliminated eBay's ability to elect a director for the company. Do the math, and it becomes clear that Craigslist's other shareholders — presumably its employees — own about 3.3 percent of the company. That's a miserably small portion of equity to give employees of a tech startup; normally, about 20 percent of a company's equity is reserved for employees. More »
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By Owen ThomasComment by craigh2: Craig and Jim are anything but greedy. They have a ton of integrity. I felt compelled to write this piece about them... more » | Other threads
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feuds
Details of eBay's complaint against Craigslist revealed
The text of eBay's complaint filed in a Delaware court [PDF] has made its way online, and in it, eBay "seeks equitable and legal relief" from Craigslist CEO Jim Buckmaster and founder Craig Newmark for:[B]reaching their fiduciary duties of care, loyalty, and good faith by implementing certain self-dealing transactions challenged herein which were designed specifically to benefit themselves to the detriment of eBay.
Allegedly Buckmaster and Newmark attempted to issue themselves new shares in order to keep more of the profits to themselves, instead of sharing the 28.4 percent eBay can demand for their stake in the company, as Valleywag predicted. After the jump, the blow-by-blow account as detailed by the Wall Street Journal. More »
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By Jackson WestComment by BettySchaefer: The lawsuit "made its way online" because eBay posted it online as a press release. [news.ebay.com] As far as greed goes, those... more » | Other threads
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sex trade
Craigslist CEO admits site used for date "transactions"
At last, some straight talk from Craigslist CEO Jim Buckmaster on his site's role in the "erotic services" business:Unlike the typical Internet site, just about every function on Craigslist, if you're successful in your transaction, is going to involve you meeting the other person in person; whether it's for a job interview, or to look at an apartment, or to buy a used sofa or to go out on a date.
[Marketplace]
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Comment by random_play: @masterofmonkeys: How about Mr. White Chocolate Buckmaster Slim? more » | Other threads
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geek love
After Craigslist CEO Jim Buckmaster flexes muscles at eBay, fan offers to rub away the soreness
Craigslist CEO Jim Buckmaster fired back at eBay on the official Craigslist blog last night, asserting that the auction giant, the owner of a large stake in Craigslist, didn't bother to contact anyone at the company before filing suit. eBay's action, wrote Buckmaster, "hints at ulterior motives." Dozens of commenters left notes in support of the online classifieds site. My favorite is from one Genevieve McGill:Dear Craig's List, I LOVE U VERY MUCH!!! PRETTY-PLEASE let me know if I can do ANYTHING to support you. I am a Powerful,Licensed Massage therapist in FL who will use ALL of My intellectual BICEPS & anything I've got to be your dutiful minion.
And I bet she's only one of many fans who'd be happy to help release the hunky Buckmaster's eBay-taunting tension.
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By Jackson WestComment by raincoaster: @Bornean: I am honoured. My throwaway spam references es su throwaway spam references. more » | Other threads
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lawsuits
eBay sues Craig Newmark as Craigslist tries to squeeze it out
Expect a rash of headlines accusing auction giant eBay of bullying saintly Craig Newmark. eBay has sued Newmark, his business partner Jim Buckmaster, and Craigslist. The charge? Craigslist has allegedly diluted eBay's 28.4 percent stake in the company, which the auction giant acquired from a former Craigslist employee. The part of the story Newmark and Buckmaster don't want anyone to hear: The pair made about $16 million in the process of letting eBay buy the stake in their company. The deal included a shareholder-rights agreement which ought to prevent Craigslist from diluting eBay's stake in the company, people familiar with the deal have told Valleywag. By squeezing out eBay, Newmark and Buckmaster appear to be having their cake and eating it too. Relations between the companies had already deteriorated: eBay had a seat on the Craigslist board, at one point occupied by founder Pierre Omidyar, until last year. More »
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By Owen ThomasComment by bgj: @mediawhoremeow: See my post above yours. more » | Other threads
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great moments in pr
Craigslist CEO pretends to be British for his PR girlfriend
We've heard of in-house PR, but this is ridiculous. Susan MacTavish Best, who is both the girlfriend of Craigslist CEO Jim Buckmaster and his company's PR rep, is also a director of Glasshouse, a nonprofit which produces events meant to educate entrepreneurs. Educating entrepreneurs at an event tonight: Buckmaster. The fireside chat is meant to highlight U.K. Web entrepreneurs. Buckmaster's only plausible U.K. tie? His girlfriend, MacTavish Best, is British. All very cozy, and absurd. What we think really happened here: MacTavish Best couldn't come up with any other speakers, and Buckmaster filled in.
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By Owen ThomasComment by Michael Arrington: I wonder why she didn't call me? I must have missed her call. more » | Other threads
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quotable
Craiglist CEO Jim Buckmaster now admits he's a jerk
"There was no need for me to act like a jerk." — Craigslist CEO Jim Buckmaster, finally admitting what everyone else had long thought about him, in defending his efforts to shut down a blog critical of Craigslist [Craigslist Blog (the official one)]
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By Owen ThomasComment by Fidel on the Roof: He may say that he is a jerk to save face... but he doesn't believe it. www.oodle.com [www.oodle.com] www.kijiji.com ... more » | Other threads
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jackpot
Is Craigslist worth $5 billion?
Disgraced stock analyst Henry Blodget pauses to dream up a fantasy valuation for Craigslist, and comes up with $5 billion. The numbers he relies on are faulty, starting with Craigslist's revenues. Blodget relies on a recent report by Classified Intelligence, which pegs its revenues for 2008 at an estimated $81 million. That's extremely low; insiders tell me the real figure for last year was in the range of $100 million to $150 million. More »
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By Owen ThomasComment by PhilWil: I'm a little slow: quote: Blodget's costs, too, are off base. He estimates per-employee labor costs at $125,000, reasoning that founder Craig... more » | Other threads
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blogging for dollars
Unofficial Craigslist blogger threatened with shutdown by Craigslist
Starbucks has an unofficial blog, as do Apple, Google. But Craigslist has not had a blog, unofficial or otherwise (unless you count Craig Newmark's thoughts on national politics). That changed last month when Tim White launched the unofficial Craigslist Blog. Now White's blog has been countered with an official one, written by CEO Jim Buckmaster. Between posts, Buckmaster decided to threaten a lawsuit. Chilling Effects suggests Tim White, the blogger behind the unofficial site, might have a case for saving his site's domain name. Buckmaster's letter, and White's feisty response, after the jump: More »
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By Jackson WestComment by Fidel on the Roof: He can "take it back" as much as he wants to. He is still an ass and his company still... more » | Other threads
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sex trade
Craigslist CEO not a pimp, just enormously helpful to prostitutes
Connecticut attorney general Richard Blumenthal has demanded Craigslist remove all erotic services ads. But that's not what got CEO Jim Buckmaster mad. Blumenthal also accused the site of making a "profit from prostitution." Buckmaster's response: The Yellow Pages and alt-weekly newspapers receive revenues from adult advertisements, not his company, and that "100% of our revenue comes from paid job listings and broker apartment rental listings." More »
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Comment by Nick Douglas: (Also Jim Buckmaster is the sexiest man in San Francisco.) more » | Other threads
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media
Are newspapers out to get Craigslist?
Craigslist CEO Jim Buckmaster took a break from bathing in the millions of dollars he obtained from eBay to make a paranoid-seeming accusation of bias at newspapers:We've been hearing increasingly from newspaper reporters who confide that they are only allowed to write negative stories about Craigslist these days, because we're viewed as competition by their newspaper's business managers.
I'm catching a faint whiff of bullshit. It's a good story for Buckmaster to tell — but is it true? More »
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By Owen ThomasComment by Doraemorn: @johnderby: eBay is on every tail of $ making corporations. more » | Other threads
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craigslist
The Freakonomics blog had their readership submit questions for Craigslist founder Craig Newmark and CEO Jim Buckmaster. The answers are unfulfilling. Disappointing that they didn't select our question: just how much money did you make when eBay took a stake in your company? [Freakonomics] -
craigslist
Ask Craig Newmark anything you want!
The Freakonomics blog is inviting readers to pose questions for Craigslist founder Craig Newmark and CEO Jim Buckmaster to be asked in an upcoming Q&A. The blog's readers have already started to make pointed suggestions, but none has stepped forward to ask this question: Exactly how much money did Newmark and Buckmaster make when eBay took a stake in their company? -
rumormonger
Has Craig Newmark quit Craigslist?
A fascinating tidbit buried in a story about Atlanta mayor Shirley Franklin's allegations of child prostitution on Craigslist: Susan MacTavish Best, Craigslist spokeswoman and girlfriend of CEO Jim Buckmaster, claims that Craig Newmark "is no longer involved in the company's daily affairs," according to the Atlanta Journal-Constitution. And indeed, Newmark, the company's founder, though he was listed on the Craigslist management page a week ago, no longer appears there. Newmark has certainly made enough money, thanks to a 2004 stock purchase by eBay, to retire on. And his "team bio," still online, notes that he's "embarrassed" that the site is named after him. But for the geeks who still idolize him, the idea of a Craigslist without Craig would be hard to bear. Update: We heard from Newmark. His comments, after the jump.
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By Owen ThomasComment by cortana: I used to have an official, approved by upper management title of 'Spamdinista' at a couple places I worked, one... more » | Other threads
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mythbusting
Craig Newmark, filthy rich on eBay's millions
Everything you know about Craig Newmark is wrong. The tale that Craigslist's founder and CEO Jim Buckmaster like to tell about how eBay got a stake in their company goes like this: Newmark, the clueless business naif, issued shares to an employee, never thinking they'd be cashed in. That employee turned around and sold the shares right under Newmark's nose to rapacious auctions giant eBay back in 2004. It's a good story. But it's nothing like the truth, according to sources close to the transaction. And the truth? That Newmark and Buckmaster, who love to portray themselves as unpretentious types who care nothing for money, can be bought. For a mere $16 million. More »
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By Owen ThomasComment by MarianJibroni: @Magister: Comment on Craig Newmark, filthy rich on eBay's millions The main question to be addressed is, how will Ebay bilk... more » | Other threads
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quotable
Craigslist CEO Jim Buckmaster, in a fantastic Q&A with Fortune readers, reveals that he's just as quirky as the site he helms. In his off time, he vacations on an organic farm "with friends and an ostrich named Huey." Also, he doesn't predict an exit for the privately financed listing site, instead predicting that they "will go quietly when the nanobots are ready to assume control." [Fortune] -
jim buckmaster
Craigslist's CEO has mind control powers
The Wall Street Journal ran a profile this weekend of everyone's favorite classifieds site, Craigslist, focusing on CEO Jim Buckmaster (pictured). More »
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By Nick DouglasComment by ResearchZilla: uh, why bother? with about 20 employees (several contract) and circa 10+ million in cold cash revenue, coupled with capital... more » | Other threads
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valleywag hotties
Valleywag Hotties champion: Ben Trott, so hott
The final face-off is over. Ben Trott trounced Jim Buckmaster (76.3% to 23.7%) to claim the Valleywag Hotties championship. The Six Apart co-founder was swept to victory by an adoring army of Livejournal users (and by being hot as hell). Craigslist CEO Buckmaster has gracefully conceded. I, for one, welcome our new Trott overlord. More »
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By ndouglasComment by snidleywhiplash: Too bad he and his wife are such douches. Very quick to forget those who helped them in the early... more » | Other threads
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valleywag hotties
Valleywag Hotties final round: Jim Buckmaster vs. Ben Trott
And now, the fight to end all fights. More »
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By ndouglasComment by Schadenfreude: Ah, good will out! Finally a hot picture of hottie Ben and finally the right leading man wins. I'd... more » | Other threads
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By ndouglasComment by Nick Douglas: No updates. The Russian and French judges are stonewalling me. more » | Other threads
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valleywag hotties
Valleywag Hotties semi-finals: George Zachary vs. Jim Buckmaster
Competition's getting FIERCE. George Zachary's loved ones shipped in a new, hotter photo of the VC. Meanwhile, Jim Buckmaster's PR wrangler special-delivered a new shot of the Craigslist CEO in the wild. In this round, hearts will be broken. More » -
valleywag hotties
Valleywag Hotties: Quarterfinals results
In a round of clear winners, one race went turtleneck-and-turtleneck. Craigslist CEO Jim Buckmaster managed to topple the Master of Cool, Steve Jobs, thanks to a fierce campaign by Craigslist customer service rep (and founder) Craig Newmark. More » -
valleywag hotties
Valleywag hotties: Steve Jobs vs. Jim Buckmaster
You picked Pope Steve over His Holy Larryness, Listmaster Jim over Shiny Czar Jon. Now the Apple CEO and Craigslist CEO go head-to-head, black-turtleneck-to-black-turtleneck. Who's earned your love (or your unbridled lust)? More » -
jim buckmaster
Goldblum and Alexander are Jim and Craig
While we're picking stars to play the Valleywag hotties, check out this photo of Craigslist founder Craig Newmark and hunky CEO Jim Buckmaster: More » -
valleywag hotties
Valleywag hotties: Four more victors, four more losers
Round one's over, and four more men will go home crying. The breakdown: More » -
valleywag hotties
Valleywag hotties: black turtleneck round
Jonathan Ive is Jobs' style guy. The industrial designer keeps it beautiful by keeping it simple. So does Jim Buckmaster, the Craigslist CEO who keeps the classifieds unadorned. More »
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By ndouglasComment by Schadenfreude: Can we just end this now? Jonny Ive is clearly the hottest, most sexy voiced, shyest, cutest, hunkiest world-class... more » | Other threads
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craigslist
But you can call him Jim
Craigslist's CEO amazes New Yorkers by rejecting the riches of this world: More »
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1-40 of 40 for "Valleywag, Jim Buckmaster"
