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Vishu Bheda
•

Medial • 3m

This website looks like it's from 1999. Gets 20B+ monthly views. Makes $694M annually. But its founder intentionally left $11 BILLION on the table for an unbelievable reason. The mind-blowing story of Silicon Valley's most moral billionaire: First, let's talk numbers: • Craigslist gets 20B+ page views monthly • Worth an estimated $3B today • $694M annual revenue But in 1995, Craig Newmark wasn't thinking about billions... He was just a programmer at Charles Schwab who wanted to help people find apartments and jobs in SF. The site exploded organically. No marketing. No PR. Pure word of mouth. But here's where Craig did something different: When investors came knocking with massive checks, Craig said no. When advisors pushed him to go public with an IPO, Craig said no. His reasoning shocked Silicon Valley: "We already have enough money. Making more isn't that important. Know when enough is enough." The total amount Craig left on the table? $11 billion.

12 replies39 likes

Replies (12)

D B

Stealth • 3m

once you have good enough money, more money becomes pointless.. i heard the figure is about 30 million dollars.. where you can do anything, buy anything in the world... but people's greed keeps chasing even after making more than that.. i wish someone put a cap on max wealth one can acquire..in capitalist society so that bottom of pyramid and wealth inequality reduces.. further.. humans need to beat nature's animal instincts in them.. this isn't a damn jungle...

0 replies1 like

Manish Kumar

Stealth • 3m

He's completely satisfied with his work

0 replies2 likes

Anonymous 5

Stealth • 3m

Respect 🫡

0 replies1 like

Havish Gupta

Stealth • 3m

🤯🤯🤯

0 replies1 like

Anonymous 4

Stealth • 3m

Unbelievable!

1 replies1 like

Anonymous 3

Stealth • 3m

$11 billion 🤯 , He's totally crazy!

1 replies1 like

Anonymous 2

Stealth • 3m

Wtf? is that.

1 replies1 like

Anonymous 1

Stealth • 3m

That's crazy.

1 replies1 like

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