Word: owned
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Dates: during 1990-1999
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Within a few months, Omidyar was ready to take eBay up a notch. He brought in a partner with the business background he lacked: Jeff Skoll, a friend and Stanford M.B.A., then working in e-commerce for Knight Ridder. Together they began to bring in more employees--techies, customer-support...
Welcome to the eBay revolution. Auction sites are one of the hottest corners of cyberspace right now. Online bidders are eagerly competing for new ovens ubid.com and used microscopes going-going-sold.com) There are service auctions, where lawyers can underbid one another for assignments to register patents elance.com) and reverse auctions, where...
For an industry that's all of four years old, the dollar amounts are staggering: $4.5 billion in sales this year, and an estimated $15.5 billion by 2001. eBay is the dominant player in the online-auction world, with 7.7 million registered users bidding on some 3 million items. But...
Omidyar seems to realize that given his anticorporate values, it's more than a little ironic that he's one of the richest human beings on the planet. And clearly he's uncomfortable with his wealth. "What one person needs, and what one family needs and all of their future...
Melissa Wicker likes to shop for her friends. And she has a lot of friends--nearly 8 million, at last count. Of course, the word friend is used loosely these days, in an era when e-mail establishes instant intimacy between total strangers separated by thousands of miles. So it...