What started out as a small- time electronic newsletter chain link for certain professionals in San Francisco turned out to be a very successful website that has a wide network of connections known the world over. Truly, Craigslist has served to be a godsend to people who would want to avail classified ad services electronically without the hassles of transaction.

All that is takes is a valid email which must be verified first. This entitles one to access the site’s full services given that they read the standard posting rules. Security is not an issue since transactions are purely between the person who placed the ad and the person who responded unless a complaint is submitted.

Most people may find its website very user friendly as the layout and system are very organized and the uncomplicated. This simple yet functional appearance is the theme that is put forward by CEO Jim Buckmaster and founder Craig Newmark when they were developing the website.

Craigslist’s overall income comes from the paid advertisements posted by people seeking for jobs or apartment, rental and housing listings. This resulting money is enough to run the company and pay its internal twenty five employee count.

One of the most challenging issues faced by this company is the resolution when it comes to eliminating site misuse with motives spanning from fraud, erotic services, mean personal revenge and the like. The extent of this site has spanned to so much range of services that many fear it would someday kill the business with which journalism feeds from which marks the end of the newspaper.

Keep in mind as any other business, this site is constantly on the move to eliminate many hoax advertisements posted by some users to lure innocent victims. Moreover, this ever expanding service of Craigslist somehow poses as a threat to local newspaper journalists who thrive in print media industry