(2009-06-10) Craigslist Ten Mill Revenue

Craigs List revenue is estimated to be $100M/yr. That is a 23 percent jump over the revenue the firm estimated for 2008 and a huge increase since 2004, when the site was projected to bring in just $9 million. "This is a down-market for just about everyone else but Craigslist," said Jim Townsend, editorial director of AIM Group. The firm counted the number of paid ads on the site for a month and extrapolated an annual figure. It said its projections were conservative. By contrast, Classified Ads in Newspaper-s in the United States declined by 29 percent last year, its worst drop in history, according to the Newspaper Association of America.