LinkedIn is the New Craigslist

Verticalized labor marketplaces to create trust and reduce friction to finding high quality contract workers in specific function areas

LinkedIn may have been a big reason for this: when GLG was getting started, coming up with a list of people who'd worked in, say, oil refining, or aircraft maintenance, or in billboard ad sales was not easy, and being able to offer people from any of those industries on demand was a competitive moat. Now, $80/month for LinkedIn Premium is enough to... See more

Stepping away from consumer marketplaces, this model already exists through platforms such as Pallet and Getro who are leading the way in terms of democratising the job advertising process away from traditional job marketplaces such as Seek and Linkedin.