
Good to see the TeachStreet mention!
I’d also like to think that these companies also spawned from the need for something better in those niches. Craigslist is great, but it’s an almost direct translation from newspaper classifieds. It does have great selection, but sometimes people need better tools to solve specific problems.
The Spawn of craigslist
Like most VCs that focus on investing in the applications layer of the internet, I’m fascinated by craigslist…
I find it particularly interesting how craigslist is able to legitamitely compete (if not dominate) in such a broad range of categories. They do so using less features and “worse” interface design than their competition (Sidenote: Craigslist is case-and-point that “more features” is *not* a competitive advantage, so please remove your features chart from your competition slide in your pitch deck, thanks!).
I put together this pic that visualizes how entrepreneurs have tried to carve out niches from craigslist, some more successful than others. This is in no way a comprehensive list (feel free to add to it in the comments below), and in some places, one might argue that craigslist is getting whipped (homeaway? others?). Also, some companies may have been founded early enough that craigslist wasn’t an original competitor. Regardless, it’s amazing how craigslist’s broad, horizontal approach to creating marketplaces is successful overall.
hiten (where start-ups come from…):
Rex Sez: What an interesting way...figure out your next startup when you have startup...
The Startup Spawn of Craigslist.
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I like the idea of not using Craigslist. However, ‘Casual Encounters’ aren’t just for married people! So Ashley Madison...
I want to know why the one clicked link