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To: pissant

Notice how in the video he begins to say “I worked FOR Meg” but then quickly changes his words to “I worked WITH Meg.” That tells you who was really in charge there.


6 posted on 09/22/2010 10:49:47 AM PDT by library user
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To: library user

It’s not quite that simple - Pierre was really in charge by every metric that counted. He created eBay in his house, then after it started to become successful, recruited and hired Whitman because he knew she could grow the business better than he ever could (he understood computer code, not commerce).

He didn’t want to work as much so he turned over the reigns to her, they raised capital, and he got to go do what he wanted with his life as she grew it from a tiny small business to a worldwide powerhouse.

That is why Meg is worth $1.5 billion and Omidyar just shy of $5 billion. She was the employee and got a lot of stock but Omidyar was the small business owner who owned far more shares, started it in his house and had the idea.

Other than their difference on social policies (Whitman is a moderate and Pierre is a flaming liberal), they reportedly got along really well. CNBC has run some specials where they went back and talked about the early days of the company together and how they’d have to go down to Office Depot to get their own desk and put it together by hand.


17 posted on 09/22/2010 1:34:05 PM PDT by WallStreetCapitalist
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