Spreading the wealth. That’s exactly what Craigslist founder Craig Newmark is doing now that he is fully retired from a customer service role at the company he took after leaving the leadership team years ago. Through Craig Newmark Philanthropies, Newmark has earmarked $100 million to help defend the country’s critical infrastructure from things like cyber attacks. The latest giving comes alongside ongoing contributions to trusted journalism platforms and veterans. Yahoo Finance Executive Editor Brian Sozzi sits for a rare interview with the self-proclaimed nerd Newmark to discuss why he is giving away all his wealth and lives a notoriously frugal lifestyle. The pair also chats about the rise of artificial intelligence and how it will shape the internet. Seeing as Newmark founded Craigslist at the start of the internet, who better to ask about the future of the world wide web!
For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform.