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Like Craigslist and its downfall, the migration isnt going to be to one large community, but many smaller ones.



As of 2015 Craigslist was valued at an estimated $5 billion and had annual revenues in excess of $381 million. Not sure what it is today 2 years later but my guess is more now. Plus CL has been around for 20 years now. It is a cash cow and serves over 20 million page views a month. I don't really consider that a downfall.


a lot of startups emerged from Craigslist niche offerings Airbnb being probably the most successful.


Craigslist had a downfall? I thought it hadn't changed substantively in a decade at least.


I'm guessing he's referring to this article:

https://www.quora.com/Why-hasnt-another-product-disrupted-an...

Which had quite a lot of visibility a few years ago.


The author argued in 2011 that craigslist would be an afterthought within 10 years. Its revenue has grown from 122m when he wrote that to in excess of 380m now. I think he's pretty clearly wrong.


I had no idea either. I use it almost every day.


While you're getting downvoted for the Craigslist aspect, I suspect the rest of your comment is probably right here. There isn't going to be another big Reddit or Digg like community. The audience just seems too fractured for one to take off like it could have done years ago.

So stuff like Voat, the shut down Imzy, Hubski and Snapzu represent parts of what Reddit was, and the different aspects of the site that different communities either enjoyed or now want.


> There isn't going to be another big Reddit or Digg like community.

What makes you so sure of this? I would argue that this is wildly inaccurate as there will almost certainly be another platform (probably many as you look outward into the future). Imzy was poorly designed, branded and executed (internet safe space?). While their effort and aspirations were righteous, they didn't deliver something people wanted. Honestly I watched that platform since the day it launched and knew it wouldn't last. Digg is old news. I've seen others like topick.com that tanked as they weren't innovative enough. Gab.ai is gaining some traction but it's product isn't innovative and it's too political so it won't scale.

The barrier of entry isn't that high for a new social platform, it's only a matter of time before something newer, less corporate, less "reddit" comes along and gets people's attention. The same could be said for facebook, twitter, and others. No one has a monopoly on ideas.


What happened at craigslist?




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