logo
episode-header-image
Jul 2018
23m 46s

eBay vs PayPal - Going Once, Going Twice...

Wondery
About this episode

At the dawn of the dotcom era, a Silicon Valley tech geek on a personal vendetta rolls out the world’s first e-commerce site. Vintage lunchboxes? Second-hand guitars? B-list celebrity autographs? It all finds a home on AuctionWeb, and before long the site’s growth is skyrocketing.

But founder Pierre Omidyar isn’t prepared for the infrastructure challenges that come with turning his pet project into a real company. Brownouts and site outages soon follow, raising the ire of customers. And without a way to close transactions online, AuctionWeb might be doomed before it takes off.


Support this show by supporting our sponsors!

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Up next
Yesterday
Flipping the Bird: Elon vs Twitter | I Am Supposed to Believe This Man is a Genius? | 2
Elon Musk makes the Twitter board an offer they can’t refuse — a $44 billion offer, to be exact. But this won’t be an easy marriage. No sooner does Twitter accept than Elon starts raising doubts. Publicly, Elon can’t help taking shots at Twitter and its leaders, sending their sto ... Show More
33m 9s
Jul 9
Flipping the Bird: Elon vs Twitter | Maximum Amazing | 1
Twitter is at a crossroads. Its founder, Jack Dorsey, has stepped down from his role as CEO. The social media heavyweight is also under fire for alleged bias, censorship, and the roving army of bot accounts wreaking havoc on the site. In this moment of crisis, the only would-be s ... Show More
29m 9s
Jul 2
Rebuilding LEGO | Brick to the Future | 2
It’s late 2003 and LEGO’s turnaround strategy has failed. It’s hurtling towards bankruptcy. Its only hope now is a three-man shadow leadership team. And they’re about to learn that the problems at LEGO go way deeper than anyone thought.Be the first to know about Wondery’s newest ... Show More
40m 8s
Recommended Episodes
Jul 2022
eBay vs PayPal | PayPal geht viral Dt. | 3
Mitten im Dotcom-Boom zeigt sich auch, dass es im Kern eine Blase ist. Viele Firmen gehen bald wieder pleite. PayPal muss rasch wachsen, doch selbst millionenschwere Firmen verschwinden plötzlich wieder vom Markt. Die Lösung ist so einfach, dass man es kaum glauben möchte: Herden ... Show More
23m 59s
May 2015
66. (Ch. 7.3) The Founding of eBay
...or, to be more strictly accurate, this episode covers the founding of AuctionWeb, the site that would become eBay. How Pierre Omidyar founded a company that brought auctions to the web and revolutionized what classified ads and ecommerce could be. Hosted on Acast. See acast.co ... Show More
43m 48s
Jun 2022
PayPal: Max Levchin (Part 1 of 2)
During its formative years in the late 1990's, Paypal attracted an extraordinary group of young entrepreneurs, who then went on to build some of the best known companies in tech. They became known as The PayPal Mafia—and Max Levchin was one of the leaders. A computer genius from ... Show More
1h 28m
Nov 2020
Nike’s Phil Knight: How to sell without selling
Great branding is about identity – and it’s about matchmaking too. No one knows this better than the legendary co-founder of Nike, Phil Knight. When he and his partner, Hall of Fame track coach Bill Bowerman, started the sneaker company, they never tried to force-feed customers a ... Show More
35m 40s
Oct 2020
How I Built Resilience: Aishetu Dozie of Bossy Cosmetics
Aishetu Dozie had a successful career in finance before she took a leap and launched Bossy, a makeup brand that has exploded in popularity over the past six months, despite the challenges of the pandemic. These conversations are excerpts from our How I Built Resilience series, wh ... Show More
21m 46s
May 2024
Twitter, Medium and Blogger: Ev Williams
As co-founder of Twitter and founder of Blogger and Medium, Evan Williams literally helped change the conversation: he understood that real-time connectivity—being able to write a post and have people read it seconds later—was the future of engagement online. A Nebraska farm boy ... Show More
1h 14m
Jul 2018
Slack & Flickr: Stewart Butterfield
In the early 2000s, Stewart Butterfield tried to build a weird, massively multiplayer online game, but the venture failed. Instead, he and his co-founders used the technology they developed to create the photo-sharing site Flickr. After Flickr was acquired by Yahoo in 2005, Butte ... Show More
1h 3m
Aug 2020
Wayfair: Niraj Shah & Steve Conine (2018)
After selling their first small business and shuttering their second, former college roommates Niraj Shah and Steve Conine thought about getting "normal" jobs. But in the early 2000s, they stumbled across an unexpected trend: people were buying furniture online to get a wider sel ... Show More
41m 3s
Dec 2017
Live Episode! The Home Depot: Arthur Blank
In 1978, Arthur Blank and his business partner Bernie Marcus were running a successful chain of hardware stores called Handy Dan – but then, they were unexpectedly fired. The next year, they conceived and launched a new kind of home improvement store that flopped on opening day, ... Show More
32m 19s
Nov 2020
#132 - A Simple Email Hack That Generated Millions, The World's Cheapest Billionaire, and A Simple Startup Idea No One Has Done
Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) discuss: - The crazy story of J. Paul Getty (Billy of The Week) - The importance of acting the part and story telling in creating your personal brand - What do all successful people have in common? Can you not be intense and be suc ... Show More
56m 51s