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Chances are that you belong to one of these groups. eBay’s remarkable growth has created a wide-ranging constituency of users, shareholders, business partners, and eBay watchers. It has also produced that rarest of all ebusiness commodities: real profits. Since it began operating in 1995, this company has produced revenues that most enterprises must labor decades to achieve, and has achieved a market value that exceeds those of Disney and dozens of other blue-chip companies. The site had generated more economic activity than any other Internet site. By year-end, that number had grown to over 10 million, more than the population of Michigan. “1999 was a historic year,” she wrote, “filled with astonishing growth and rapid change.” She went on to explain that the company had begun the year with a community of users roughly equal to the population of Portland, Oregon-about 2.2 million. In January 2000, registered users of eBay, the world’s most popular online auction site, received a communiqué from its CEO, Meg Whitman. 10 9 8 7 6 5 4 3 2 1Ĭhapter 2: Pierre Omidyar Starts a CompanyĬhapter 7: Contraband, Blackouts, and Weird Stuff Includes bibliographical references and index. The e-Bay phenomenon: business secrets behind the world’s hottest Internet company / by David Bunnell with Richard A. Library of Congress Cataloging-in-Publication Data: Bunnell, David.
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