A Quote by Dan Schulman

PayPal benefited tremendously from having a close partnership with the eBay marketplace. It was a natural fit at the time. — © Dan Schulman
PayPal benefited tremendously from having a close partnership with the eBay marketplace. It was a natural fit at the time.
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.
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.
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.
PayPal is a business that will be bigger than eBay.
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.
Airbnb is creating a new marketplace for space and is facing many of the challenges that eBay faced back in 1998 when they created a new marketplace for goods.
Creating music to fit the marketplace, so that music can be heard? If ever I thought that I even came close to catering to the marketplace, or designing my productions and my music to cater to what is currently fashionable, I would sell shoes for a living. For me, the marketplace can rot in hell. I will do music for the love of music and for the love of people who listen to music, and absolutely nothing else will drive me.
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.
One thing I would like to see in Vancouver and Canada is something similar to the PayPal mafia. They were all early employees of PayPal. They all had monster exits with PayPal, and they were able to take their winnings and form a syndicate that co-invests.
In all history, there is no instance of a country having benefited from prolonged warfare. Only one who knows the disastrous effects of a long war can realize the supreme importance of rapidity in bringing it to a close.
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.
I work on my whole game and learn from the people around me, who I've benefited from tremendously, or the new players who come in to the club.
Throughout our history the United States has benefited form having stronger relationships, including investments in Europe, that have kept us and the world safer and benefited us economically.
Our strategy is to provide even more value to users and tie the Venmo community into the PayPal merchant marketplace so that they can use Venmo to buy things.
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