Valleywag
spinoffs
Even eBay wishes PayPal weren't part of eBay now
PayPal's CEO is talking up the company's business handling payments on websites other than eBay. Where have I heard this before? Oh yes: In April 2002, when I had coffee with Peter Thiel, then the CEO of PayPal as an independent concern. He talked up the prospects of growing PayPal's business on other websites. He agreed to sell PayPal to eBay for $1.5 billion that July, and left three months later. And then I heard the story again, and again, and again, as eBay pushed a number of forgettable executives through the revolving door of PayPal's executive suite. More »
10:40 AM on Fri Aug 8 2008
By Owen Thomas
3,295 views,
9 comments
Latest by Owen Thomas: @souhaite: The discussion I had with the former PayPal executive was specifically about their headquarters staff, not customer support. I more »
