Mechanical

2008: The Year eBay Lost Its Mojo

I don't use Ebay much so I didn't know about how bad their site has gotten. I do own some Ebay in one of my accounts.

From an investment perspective, I knew that Ebay.com was growing into maturity. In other words, they're not seeing much growth in terms of sales, traffic, etc.

BUT, the reason that I was interested in it is because they own Paypal and Skype, which I feel are two dominators in their respective, blossoming niches. Paypal is a bit more mature (and what I heard about the hacking thing unnerves me a bit since I have cash in there!) but still growing nicely. Skype is just getting started.

Here in the office that I work with, we have been adopting the use of Skype both internally and also recommending that our clients use it.

Thanks for writing this article. It's going to cause me to go back and evaluate my thesis to make sure it is still intact.