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Valleywag
A former PayPal executive recently pointed out that PayPal, as a division of eBay, has swelled to 7,000 employees — vastly more than it ever had as an independent concern. "What do those people do?" he asked. The growth in headcount had not led to a concomitant increase in inventiveness. Take, for example, the news, breathlessly reported by TechCrunch, that PayPal would roll out a "virtual credit card" for shopping even at stores that don't take PayPal. This would be more impressive had PayPal not rolled out the same product six years ago.
PayPal recycles six-year-old idea
4:51 PM on Mon Nov 19 2007
By Owen Thomas
1,181 views
