Just how much can your website be worth?

Social networks are being gobbled up left and right these days. From Rupert Murdoch’s acquisition of MySpace.com and YouTube by AOL, anything created these days online can wind up being worth millions or even billions within a matter of years. All that needs to be decided is whether to sell out and make big profit or not.

Many social networks have already been acquired by some of the biggest online names, but one social network — not as big as MySpace.com, but has a pretty substantial audience, refuses to be bought. That network is Craigslist. In an article posted on CNN.com, the creator of this website has been adamant about not selling out even after finding out that MySpace was valued at nearly $15 billion after three years. He claims that he doesn’t need the money and Craigslist has the audience. With 10 million people using their website (compared to 90 million on MySpace) and 4 billion page views annually, it is definitely a powerhouse to reckon with.

By Ken Yeung

Ken Yeung is a journalist fascinated with the stories of the tech industry and internet culture. He's currently the Technology Editor at Flipboard, where he observes what's happening in the space while also identifying new topics of interest. In addition, he co-hosts the weekly internet show "The Created Economy," which focuses on what's happening to creators and influencers. Previously, he was a reporter for VentureBeat and The Next Web, covering tech startups, the industry's innovations and funding. Ken also has a newsletter you should also subscribe to called "Filed."