A Quote by Meg Whitman
For me, the international expansion of eBay was the best idea. We are now in 35 countries, and have a huge global network. The second best one was the acquisition of PayPal - the wallet on eBay.
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eBay had two main things that really spoke to me. It enabled individuals to do things that they could not have done without the Web. The second thing was what Pierre said: "People have met their best friends on eBay. What this has enabled is truly online community."
Some of the best things that I ever sold on Ebay, I bought on Ebay - just for way less.
When we were associated with eBay, it was surprising to me how many merchants were very reluctant to work with PayPal because we were accessing their data and their information, and they felt in some way, shape, or form they were competing with eBay.
I think if you look at the commonalities between eBay, PayPal and OpenTable, all three are businesses that built a network in a vertical. Network effect businesses are very attractive businesses.
PayPal is a business that will be bigger than eBay.
I was an eBay addict before my first album hit big. I wanted to go on this tour of the world, so I started selling everything on eBay.
A captivating moment was when I realized that people, including myself, were not saying, “I just bought an item on eBay.” They were saying, “I just won an item on eBay.” It was the thrill of the hunt. I bought a car on eBay.
PayPal benefited tremendously from having a close partnership with the eBay marketplace. It was a natural fit at the time.
I don't know anybody that buys more shoes on eBay than me. I like eBay because I can always find rare gems in my size. I always have upwards of 40 sneakers in my cart at any given time.
What makes eBay successful.. the real value and the real power at eBay is the community. It's the buyers and sellers coming together and forming a marketplace.
What makes eBay successful - the real value and the real power at eBay - is the community. It's the buyers and sellers coming together and forming a marketplace.
I've been lucky enough to be involved in a number of great startups, including eBay and Wikia as an entrepreneur and LinkedIn and Paypal as an investor.
I often talk about the PayPal mafia out of San Francisco, people that were in PayPal and got out of PayPal and continue to reinvest in other start-ups and create a huge pay-it-forward type of network there.
Is Amazon truly the best online buying experience? Absolutely not. Is eBay the best platform for auction? Probably not. Are dating sites like match.com really a reflection of the way people date? Probably not.
Nowadays people talk about PayPal's founders as prescient geniuses who would inevitably change the world. It was, however, not so obvious that PayPal would taste its first major success by helping people sell Beanie Babies on eBay. But they had a vision, a hope, and the perseverance to try multiple iterations until they got it right.
From what I was able to hear," Dane said, "Tara dumped off a surprise baby with your mother, who's planning to sell it on eBay." "Social Services," I said. "She hasn't thought of eBay yet.
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