Oct 29

Where the Hell is Pierre?

Tag: Ecommerce @ 12:11 pm

Sorry about that title, but honestly I am pretty worked up about this. Billionaire, Pierre Omidyar should stop writing tweets about the state of America and start concentrating on the state of eBay. Maybe if we shame him publicly, we can get him to do his job for the good of each of eBay’s stakeholders. 

The problem with eBay is not John Donahoe (he’s a hired gun), the problem is Pierre Omidyar. He is the majority shareholder and Chairman of the Board and the only one with any real power. 

He created a site that became the single best “personal empowerment” story ever told and turned it over to Wall Street and the MBA’s. They enriched him so he could pontificate about the terrible state of America when he has in his grasp a tool to empower real Americans.

I have lost all respect for the man. He has no real principles he’s […]

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