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e Bay owned approximately 25%, and Newmark is believed to own the largest stake.

Matt Zimmerman, senior staff attorney for the Electronic Frontier Foundation, said, "Craigslist isn't legally culpable for these posts, but the public pressure has increased and Craigslist is a small company." Brian Carver, attorney and assistant professor at UC Berkeley, said that legal threats could have a chilling effect on online expression.

In January 2000, current CEO Jim Buckmaster joined the company as lead programmer and CTO.

Buckmaster contributed the site's multi-city architecture, search engine, discussion forums, flagging system, self-posting process, homepage design, personals categories, and best-of-Craigslist feature. On August 1, 2004, Craigslist began charging to post job openings on the New York and Los Angeles pages.

Most of the early postings were submitted by Newmark and were notices of social events of interest to software and Internet developers living and working in the San Francisco Bay Area. The number of subscribers and postings grew rapidly.

There was no moderation and Newmark was surprised when people started using the mailing list for non-event postings.

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Craigslist's main source of revenue is paid job ads in select American cities.