Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kaslin
there is no pretension in her manner.

Followed a few sentences later by.... After all, there is

no one in history that has a better understanding of the aspects of business than Meg.

Little bit over the top there, I'd say.

5 posted on 07/13/2009 5:08:02 AM PDT by sam_paine (X .................................)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: sam_paine

As a long-time seller on eBay, I have to say that I was not impressed by the way Meg ran that company.

Pierre Omidyar, an Iranian-American, founded eBay in 1995 at the age of 28. He brought Meg over from Hasbro to be eBay’s CEO. Her decision to move from Massachusetts to California netted her over $1 billion in stock and pay during her tenure at eBay.

Many long time eBay sellers who were annoyed with her called her “the toy lady.”

Meg had a habit of pissing off the sellers and doing so often. She had eBay purchase the Internet phone service Skype, which turned out to be a disaster; eBay had to write off $900 million because eBay over paid when they purchased Skype.

They wasted $100 million purchasing Billpoint, eventually closing it down after eBay purchased PayPal.

When “item specifics” were introduced, the book categories vanished as did the art categories and the categories for a number of other categories, making in next to impossible for potential buyers to browse and causing the business of sellers of these items to plunge like a stone. eBay eventually rectified this decision, but there are many bone-headed blunders over the years that caused many sellers to just give up in disgust.....Meg was at the forefront of most of these errors in judgement.

The prices realized on eBay are only a fraction of what they were eight or nine years ago. Part of the fault is the endless changes (for the worse) over the years, and part of the problem is the ongoing Obama depression.

California needs a conservative governor, an unlikely event in light of the liberal electorate. Should Meg somehow get elected, she will be another RINO.


22 posted on 07/13/2009 5:51:21 AM PDT by july4thfreedomfoundation (If Randy Cunningham is in prison for corruption, then why isn't Diane Feinstein locked up as well?)
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson