Word: welled
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Dates: during 1990-1999
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...crowded world." As it happened, there were also good business reasons to carry the Golden Rule into cyberspace. Unlike traditional e-tailers, who can control the consumer's experience, eBay is almost completely dependent on how users interact. "We really have to encourage our customers to treat each other well," Omidyar says. "You can't tell people to do that. You have to encourage them to adopt a certain set of values...
Still, today eBay is one of the most dazzling sites on the Internet. Log on and feast your eyes on a global garage sale that includes--well, just about any inanimate object you've ever seen, heard of or lusted after. That Partridge Family lunch box that made you feel like the Man in third grade? The bidding starts at $5. That Art Deco clock you always wanted? There were recently 19 of them being auctioned on eBay. Sure there's kitsch (Elvis snow globes, anyone?), and a scary number of Beanie Babies. But there's also luxe (usually...
...Pierre spotted me--the reporter's notebook was the tip-off--it was clear why I was drawing blanks. He looked nothing like the old photo I had dug up. He had abandoned his Internet-guru getup--the gawky glasses, the long ponytail--and now looked like any other well-dressed, thirtysomething Parisian. No car and driver. No p.r. entourage...
...aggressively moving into foreign markets. In June it purchased Alando.de--Germany's equivalent of eBay--and folded it into the eBay site. The company also has sites running for the U.K., Canada and Australia. eBay is far ahead in those countries but vulnerable in places where it is less well known--and where one of its rivals could take hold first. "The battle grounds are France, Italy and Japan--the biggest prize, the second largest Internet market in the world," says Whitman...
...stuff to people,'" he says. "Clearly, if you're coming from a democratic, libertarian point of view, having corporations just cram more products down people's throats doesn't seem like a lot of fun. I really wanted to give the individual the power to be a producer as well." eBay has hewed closely to this vision. It emphasizes community, and it doesn't run advertisements...