<![CDATA[Valleywag: Pierre Omidyar]]> http://cache.gawker.com/assets/base/img/thumbs140x140/valleywag.com.png <![CDATA[Valleywag: Pierre Omidyar]]> http://valleywag.com/tag/pierre omidyar http://valleywag.com/tag/pierre omidyar <![CDATA[ eBay founder factchecks John McCain ]]> Pierre Omidyar, the one-and-only founder of eBay, didn't much appreciate John McCain's tip of the hat in last night's debate to Meg Whitman, eBay's former CEO. "Meg Whitman was CEO of a company which started with 12 people," McCain said, which rather riled Omidyar. Omidyar started the company by himself in September 1995; Whitman joined in March 1998, when the company already had 30 employees.

]]>
Valleywag-5060675 Wed, 08 Oct 2008 12:00:00 PDT Owen Thomas http://valleywag.com/index.php?op=postcommentfeed&postId=5060675&view=rss&microfeed=true
<![CDATA[ eBay's PR fabulist launches storytelling startup ]]> Mary Lou Song, eBay's first PR person, has formally unveiled her own startup. Tokoni, which has come out of beta to let people tell their stories online, is unremarkable, considering the number of self-indulgent self-publishing websites already out there. Except for this: Song, at eBay, is best known for inventing the company's fictitious origin myth. That old canard about Pierre Omidyar starting the site to sell his girlfriend's Pez dispensers? Years later, Song confessed she made it up. But the invention paid off: Omidyar is investing in Song's effort to collect other people's imaginings.

]]>
Valleywag-5059722 Mon, 06 Oct 2008 15:00:00 PDT Owen Thomas http://valleywag.com/index.php?op=postcommentfeed&postId=5059722&view=rss&microfeed=true
<![CDATA[ eBay demolishes "level playing field" for Buy.com ]]> On eBay, some merchants are now more equal than others. eBay signed up Buy.com to sell on the site with a special deal: no listing fees, a perk which has allowed Buy.com to litter the site with junk listings like a single AA battery — an offering that makes no economic sense under the rules that apply to other eBay sellers. That goes against the site's core principle of a "level playing field," reiterated here by founder Pierre Omidyar, in an interview with current CEO John Donahoe, just two months ago.

In the video, Omidyar talks about how retailers shouldn't be rewarded "by virtue of their stature outside the online community." And yet isn't that exactly what eBay has done for Buy.com? Donahoe is set to address eBay sellers in a keynote Friday morning at its annual eBay Live conference. How will he explain the Buy.com deal? It will surely take the very best corporate doublespeak — the sort that only a former management consultant can come up with.

]]>
Valleywag-5017352 Tue, 17 Jun 2008 15:00:00 PDT Owen Thomas http://valleywag.com/index.php?op=postcommentfeed&postId=5017352&view=rss&microfeed=true
<![CDATA[ P is for Parker, the Valley's bad boy ]]> Sean ParkerSean Parker has had a hand in some of the Valley's biggest successes. His first company, Napster, took the world by storm, but didn't make Parker rich. His second, Plaxo, just sold to Comcast. And his third, Facebook — well, say no more. Except for the bit about him getting kicked out, according to Mark Zuckerberg's legal testimony, for a cocaine arrest. (Parker characterized the incident as "a misunderstanding.") That and more is covered in the 21 pages Sarah Lacy devotes to Parker in Once You're Lucky, Twice You're Good, new book about Web 2.0. The index page where Parker is listed:

web20indexm-p.jpg

Previously:


]]>
Valleywag-390660 Thu, 15 May 2008 06:00:00 PDT Owen Thomas http://valleywag.com/index.php?op=postcommentfeed&postId=390660&view=rss&microfeed=true
<![CDATA[ Craigslist whines like a toddler in countersuit against eBay ]]> Craigslist has filed suit against eBay in San Francisco County Superior Court, alleging trademark infringement, breach of fiduciary duty, anti-competitve trade practices and deceptive advertising. Why California? Because the state has some of the strictest antitrust and competition trade laws in the country. Craigslist is asking the court to award damages and force eBay to divest from the online classifieds site. Also alleged? That eBay was a big meanie. The best parts:

When eBay's then-CEO Meg Whitman was wooing Craigslist founder Craig Newmark and CEO Jim Buckmaster, she was so nice! She even promised that they'd get lots of playdates on the board with dreamy eBay founder Pierre Omidyar, and Newmark and Buckmaster believed her when she said Omidyar held the same Sunday-school values they did:

Mr. Newmark and Mr. Buckmaster were impressed by Ms. Whitman's presentation; most notably the importance to eBay of its community and eBay's dedication to Pierre Omidyar's Community Values — particularly the values that "We believe that people are basically good;" "We believe than an honest, opn environment can bring out the best in people;" and "We encourage you to treat others the way you want to be treated." These were very similar to craigslist's own principles and, in reliance on eBay's expressed commitment to these principles, along with Ms. Whitman's representations, craigslist agreed to resume discussions.
Newmark even put up a blog post about how much fun it was going to be to work with eBay, but eBay didn't link back to his blog — I know, how mean is that!
At the time, eBay did not disagree with Craig's impression, but instead enthusiastically embraced it. For example, when Mr. Price [Ed. Note: Garrett Price, VP of new ventures] of eBay (who witnessed virtually all of the negotiations involving the transaction) was provided a late draft of Craig's blog entry, his response was "[I] Love it." However, eBay did not post a link to Craig's blog entry on its own website once the transaction had closed, as eBay had promised it would.
And that was only the start of eBay's bullying behavior. Included in the complaint is a screenshot of text ads on Google that Craigslist offered as evidence of eBay's trademark infringement, false advertising and anti-competitive practices.
craigslist_ebay_kijiji.jpg
Of course, none of this will be settled any time soon — a case management conference isn't scheduled until October 10. And based on how nasty this is getting, I doubt a settlement — at least one not involving lollipops — will be reached anytime soon.(Photo by AP/Jeff Chiu)
]]>
Valleywag-390100 Tue, 13 May 2008 14:20:00 PDT Jackson West http://valleywag.com/index.php?op=postcommentfeed&postId=390100&view=rss&microfeed=true
<![CDATA[ eBay sues Craig Newmark as Craigslist tries to squeeze it out ]]> Jim Buckmaster and Craig NewmarkExpect a rash of headlines accusing auction giant eBay of bullying saintly Craig Newmark. eBay has sued Newmark, his business partner Jim Buckmaster, and Craigslist. The charge? Craigslist has allegedly diluted eBay's 28.4 percent stake in the company, which the auction giant acquired from a former Craigslist employee. The part of the story Newmark and Buckmaster don't want anyone to hear: The pair made about $16 million in the process of letting eBay buy the stake in their company. The deal included a shareholder-rights agreement which ought to prevent Craigslist from diluting eBay's stake in the company, people familiar with the deal have told Valleywag. By squeezing out eBay, Newmark and Buckmaster appear to be having their cake and eating it too. Relations between the companies had already deteriorated: eBay had a seat on the Craigslist board, at one point occupied by founder Pierre Omidyar, until last year.

Why, precisely, is Craigslist trying to dilute eBay's stake? Silicon Alley Insider's Peter Kafka speculates that Craigslist is looking for an outside investor. Nonsense; as Kafka himself points out, Craigslist doesn't need the money. Far more likely: Newmark and Buckmaster are angling to issue more shares to themselves so they don't have to share as much of the company's profits with eBay.

]]>
Valleywag-382765 Tue, 22 Apr 2008 13:00:00 PDT Owen Thomas http://valleywag.com/index.php?op=postcommentfeed&postId=382765&view=rss&microfeed=true
<![CDATA[ Imitation is the sincerest form of flattery ]]> Look familiar? Frazr, a new German blogging service, is a complete rip-off of Twitter, right down to the design and pitch, as Venture Beat notes. "What are you doing?" Frazr asks. I've heard that question before. Foreign clones of US internet concepts are nothing new, but their nimbleness is.

Ricardo, one of the most obvious followers of Ebay, launched its online auctions company four years after Pierre Omidyar's original. Twitter's emulators, Germany's shameless Samwer brothers, took only eight months. Blame globalization, and international access to news sites such as Techcrunch.

Twitter's Evan Williams may have every right to be angry, but he should be flattered, too, by the imitation. Pirates, whether they're replicating Hollywood movies, or internet startups, only pick the big hits. Ebay, despite annoying foreign copies, dominates the online auctions business; and the concept the Samwer brothers last stole, Facebook, isn't doing badly, either.

]]>
Valleywag-259396 Thu, 10 May 2007 16:25:54 PDT Tim Faulkner http://valleywag.com/index.php?op=postcommentfeed&postId=259396&view=rss&microfeed=true
<![CDATA[ Richard Branson moves in on Google girl ]]> A disturbing moment from the TED conference captured by eBayer Pierre Omidyar's Flickr stream. Sergey Brin's fiancĂ©e Anne Wojcicki canoodling with the rebel billionaire himself, Sir Richard Branson. Such unseemly public head-rubbing. ]]> Valleywag-243497 Mon, 12 Mar 2007 10:00:17 PDT Chris Mohney http://valleywag.com/index.php?op=postcommentfeed&postId=243497&view=rss&microfeed=true <![CDATA[ Ebay doesn't want your virtual goods ]]> v-world-no-money.jpgNICK DOUGLAS — The only auction site that matters is now delisting all auctions for virtual goods from the site, according to Slashdot. An eBay spokesperson says anyone who repeatedly tries to sell virtual goods will be punished. So much for eBay founder-chairman Pierre Omidyar, who also invested in Linden Lab, makers of the virtual world Second Life. "This generation that grew up on video games is blurring the lines between games and real life," he told BusinessWeek in May. Guess blurring doesn't count when eBay's money is on the line.

]]>
Valleywag-231969 Fri, 26 Jan 2007 19:10:29 PST Nick Douglas http://valleywag.com/index.php?op=postcommentfeed&postId=231969&view=rss&microfeed=true
<![CDATA[ Gates' retirement was a message to eBay ]]> Bill Gates - ValleywagThe Microsoft-eBay merger rumors are true. EBay has the power here, or at least Microsoft thinks so. They spun Bill Gates' (pictured, duh) retirement as his chance to fully run his charity, the Bill & Melinda Gates Foundation. The president of a major web company tells the Wag:

Gates stepped down in an attempt to convince [eBay founder] Pierre Omidyar that Gates shares all the same values as Pierre in terms of charity. It was a huge signal to Pierre that Gates is following in Pierre's footsteps by stepping down and focusing on word issues full time and remaining Chairman of MS like Pierre has done. The premise is that with a combined MS-Ebay they can do more for the world together.

MS should hope Pierre gets the message and can still influence decisions like this. EBay CEO Meg Whitman just told the Financial Times that big-time mergers are unlikely right now. In other words, she just needs a sweeter deal.

Ebay cautious on web mergers [Financial Times]

]]>
Valleywag-181608 Mon, 19 Jun 2006 07:00:00 PDT Nick Douglas http://valleywag.com/index.php?op=postcommentfeed&postId=181608&view=rss&microfeed=true
<![CDATA[ Slate 60: Valleywag edition ]]> Slate published its 2005 Slate 60, the leaderboard for "competitive philanthropy." As always, the list of the top charitable donations and pledges includes a good showing from the tech industry.

The tech moguls gave to a wide range of recipients this year. Bill Gates is curing children in Africa, and Larry Ellison is donating to the poverty-stricken people of Harvard University. Such a noble man, Larry. Here's a breakdown of the top tech donations:

Rank Donor Funds Where the money's from Where the money goes
2 Bill and Melinda Gates $320 million Microsoft World health
8 Pierre and Pam Omidyar $133.7 million (1337? Hellz yeah.) eBay Assorted social causes
10 Larry Ellison $115 million Oracle Harvard University
12 David and Cheryl Duffield $95 million PeopleSoft Pet rescue
24 Paul Allen $49 million Microsoft Smithsonian, museums, brain science
42 Charles Simonyi $28 million Microsoft Seattle art and science programs
45 Andrew Grove $26 million Intel City College of New York

Missing: Larry Page and Sergey Brin, Steve Jobs, Jerry Yang...guess "changing the world" only goes as far as Gmail, iPods, and webcast reality shows. (Okay, Larry and Sergey have the Google foundation. Did they not bother putting their own pennies in the collection basket?)

The 2005 Slate 60 [Slate]

]]>
Valleywag-155913 Mon, 20 Feb 2006 14:51:03 PST ndouglas http://valleywag.com/index.php?op=postcommentfeed&postId=155913&view=rss&microfeed=true