Ebay Effect
Earlier this evening I got sucked into watching a special on CNBC about the "ebay effect."
It was quite interesting. Here you have a major success story of the dot com days. 10 years a 150 million registered users later ebay is either poised to take over the world... or (at least for a while) sit on top of the dot com heap for a little while longer.
The show really was like a 90 minute ad for ebay, but it did ask some questions on people's minds. Like:
1) Fees are going up - aren't customers pissed?
2) Fraud is still a problem - are they doing anything about it?
3) With 10 years of explosive growth, can ebay keep it up? Investors are getting a bit nervous that future potential for growth isn't what it used to be - even with an ambitious global strategy that includes China.
At any rate, it was a neat show to watch - especially for those that are interested in the history of the web and ecommerce.
andre
