Giving Away Half-a-Billion Dollars w/ Craigslist founder, Craig Newmark
Reasonably Happy with Paul Ollinger
September 17, 202541m 15s
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Show Notes
If you had hundreds of millions of dollars, how would you use it? Craigslist founder Craig Newmark faces this exact “problem”—and he’s working hard to give his fortune away to nonprofits tackling some of society’s most urgent challenges. In this week’s episode, Craig and I discuss the early days of Craigslist, its radical “revenue-minimization” strategy, and how its simple tools changed the classified ads game in the late ’90s. He told me how Sunday school values shaped his approach to business, why he demoted himself to customer service rep, and what he learned by hiring a CEO to run the company he built. Our conversation explores the art of giving money away strategically: from supporting veterans and military families to investing in cybersecurity and protecting democracy. We also get personal - talking favorite TV shows, the pros and cons of AI, and the big question: how much is enough? Listen now.
Read Paul’s Substack here: https://words.paulollinger.com/
Learn more about Craig’s philanthropic endeavors here: https://craignewmarkphilanthropies.org/
Please rate, review, and share this great episode!
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit words.paulollinger.com/subscribe
Read Paul’s Substack here: https://words.paulollinger.com/
Learn more about Craig’s philanthropic endeavors here: https://craignewmarkphilanthropies.org/
Please rate, review, and share this great episode!
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit words.paulollinger.com/subscribe