eBay Inc. (EBAY) CEO Jamie Iannone Presents at Goldman Sachs 30th Annual Communacopia Conference (Transcript)

Sep. 21, 2021 3:44 PM ETeBay Inc. (EBAY), EBAYL
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Start Time: 11:20 January 1, 0000 11:57 AM ET

eBay Inc. (NASDAQ:EBAY)

Goldman Sachs 30th Annual Communacopia Conference

September 21, 2021, 11:20 AM ET

Company Participants

Jamie Iannone - CEO

Steve Priest - CFO

Conference Call Participants

Eric Sheridan - Goldman Sachs

Eric Sheridan

Well, thank you everyone for joining our next session and welcome to the Goldman Sachs 30th Annual Communacopia Conference. For those who don't know me, my name is Eric Sheridan. I’m Goldman Sachs' U.S. large cap Internet equity research analyst. And it's my pleasure to host the management team from eBay today here at the conference. So thank you to Jamie Iannone, CEO; and Steve Priest, CFO for joining us for this fireside chat. Thanks, guys.

Jamie Iannone

Thanks, Eric. Thanks for having us on.

Steve Priest

Good morning, Eric. Great to see.

Eric Sheridan

Great to see both of you. Hope all is safe and well with everyone part of the eBay team. Jamie, I wanted to start with you. It's been around 18 months since you joined the company. I wanted to maybe level set with you taking a step back, reflecting on your first period of time here at the company, what were your big broad agenda items coming in? How are you feeling about those agenda items now as we exit '21 and move on to '22? And what do you see as some of the big opportunities ahead for eBay in your view?

Jamie Iannone

Yes. So first, it's been a fantastic 18 months here at eBay and really excited to join this company with the mission and purpose that we have. I’ll start with the portfolio simplification that we went through. When you look at it, starting with the StubHub transaction, we've created over $20 billion of value for shareholders through cash and equity positions, some of which

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