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Post by SA on Jul 20, 2015 1:18:30 GMT
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Post by SA on Jul 20, 2015 1:21:46 GMT
After 2021, the future gets murkier for both sides, especially for eBay, which, even at a $30 billion value, is likely to be acquired, analysts told Mashable. Alibaba is the most obvious one to take a look, analysts say. The Chinese Internet giant has grand ambitions of one day entering — and let’s face it, steamrolling — Western markets, and snapping up eBay is just one way to make that happen. RBC's Mahaney also envisions a giant traditional retail chain — your Wal-Marts or Targets of the world — one day scooping up eBay.
******shudders********
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val2525
Chaos Manager
Posts: 30,830
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Post by val2525 on Jul 20, 2015 3:00:20 GMT
I hope Pierre is happy.
@#$% Donohoe, Icahn and Wall Street.
I loathe Wall Street.
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Post by unknown on Jul 20, 2015 3:23:14 GMT
eBay's main problem seemed to be this: it had too few engineers, and too many MBAs.
"eBay didn't promote engineering and design as powerful in the company," one former high-level eBay employee tells Mashable.
The employee says the company prioritized hiring MBAs.
One point missed in the article - JD was the first MBA.....
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val2525
Chaos Manager
Posts: 30,830
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Post by val2525 on Jul 20, 2015 3:34:43 GMT
Meg had an MBA from Harvard before being hired by eBay.
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Post by unknown on Jul 20, 2015 3:41:07 GMT
I meant first of hiring binge of MBAs. She at least had some semi-relevant experience. I'm now getting irritated at the 'ebay success story' linked to in the article fortune.com/2013/02/07/ebay-is-back/
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val2525
Chaos Manager
Posts: 30,830
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Post by val2525 on Jul 20, 2015 3:45:58 GMT
Good point. And she actually left eBay in better shape that it was when she started. Donohoe, not so much.
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val2525
Chaos Manager
Posts: 30,830
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Post by val2525 on Jul 20, 2015 3:47:16 GMT
Why in heavens name did the Mashable story link to an eBay story that is over 2 years old, and is no longer valid info on eBay?
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Post by unknown on Jul 20, 2015 3:58:32 GMT
Why in heavens name did the Mashable story link to an eBay story that is over 2 years old, and is no longer valid info on eBay? It's fascinating stuff - all about how ebay's purchases have had 'synergies' Bill McComb, CEO of upscale retailer Fifth & Pacific, parent of Kate Spade, Juicy Couture, and Lucky Brand, says eBay has put together a smart portfolio that enables his brands to reach online shoppers quickly and easily. “eBay hasn’t been stupidly acquisitive,” he says. “They have really put together some smart people and highly differentiated tools.”
Skype, GSI, magneto, and the rest....
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val2525
Chaos Manager
Posts: 30,830
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Post by val2525 on Jul 20, 2015 4:17:44 GMT
You mean all those purchases that have since been sold off, some at a loss?
Yup. Real synergy there.
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Post by jellybeanscloset412 on Jul 20, 2015 16:03:30 GMT
I would not jump to any conclusions. Five years is a long time. Analysts have been making all kinds of predictions and the majority of them are wrong.
The Google Guys ( co-founders), just made 4 billion dollars each the other day. Maybe we could ask them to buy Ebay? At least that would fix the search issue.
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