Criagslist founder Craig Newmark (pictured) of San Francisco, who is often blamed by newspaper employees for stealing their classified advertising revenues, tells Reuters that he’s not interested in selling out. Reuters put the question to Newmark after a Wall Street analyst said MySpace is worth $15 billion. “Who needs the money? We don’t really care,” Newmark said in an interview at the Picnic ’06 Cross Media Week conference in Amsterdam. “If you’re living comfortably, what’s the point of having more?”

SF Press Club News

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