Pierre and Jeff became billionaires within seven months of eBay going public.įrom early on, the three founders we keen on developing partnerships with some of the top merchandising brands at the time, such as General Motors and Disney. Within just the first three years of operation, eBay had about 30 employees and had managed to generate nearly $5 million in revenue, with over half a million website visitors. Whitman was valued for his knowledge in marketing and branding, and would later become eBay’s CEO and president. Omidyar then joined forces with his friend Jeff Skoll and later convinced Meg Whitman, an acquaintance from Harvard Business School, to get on board. As the idea began to take shape, Pierre saw the potential in it to become an international marketplace to serve both buyers’ and sellers’ needs. It actually started as a favor that the founder, Pierre Omidyar, was working on for his girlfriend. History of eBayĮBay sprang up from one man’s vision in 1995, of a platform that would enable collectors to trade their Pez dispensers. You’ll find just about anything you want on eBay, with sellers ranging from small mom and pop businesses to giant retailers such as Macy’s and Dick’s sporting goods. As of today, eBay boasts more than 162 million active users all over the world, with at least 800 million items listed for sale at any given time. Their logo design and brand is recognized by millions of people all over the world. A look at the eBay Logo and the History Behind the Company.ĮBay is the number one online marketplace on the planet.
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