Ignoramus19508 wrote:
eBay user base is stagnant, because all people who should have joined,
already joined. Maybe eBay leadership does not understand this
uncomplicated fact.

A while ago, a Wall Street analyst asked a Craigslist executive, what
plans did they have to maximize their profits.

The Craigslist executive's answer was, "we do not have any plans to
maximize our profits".

I found that a little refreshing. Not all companies are concerned with
making as much money as possible.


i

There's this incredibly stupid Business School idiom that to stop
growing is to die. It is amazing how many people believe it. Of
course, for publicly-traded corporations, it is true, because the
imbeciles who run Wall St. demand it, and if you don't show that growth
month after month, your stock will be worth $0.07 a share in no time.
Well, eBay went public, the Whitmans sold their brain child to Wall St.
and bailed, and will go off to Tahiti and live on a sailboat or
something. Good for them, they worked the system and won, but not good
for us who want to use eBay as a useful tool.

Jon