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History of the establishment ebay.com

Posted by Jibril on Friday, May 6, 2011


After graduating in Computer Science majors in 1988, Pierre Omidyar (who was then aged 21 years) began karinya as a programmer at Claris, the software development company that became part of Apple Computer. His career as a programmer who worked at the company ended, when he began to realize the idea to make the auction site.
Pierre was only 28 years old when he wrote the program code that became the forerunner of the world's largest auction site, namely eBay. This site was launched in 1995, and initially did not cite any fees for its members. Great potential is being realized Pierre auction site when the first item on the list within the site, namely a laser pointer that has been broken successfully sold for $ 14.83 through the auction system. Pierre thinks if broken laser pointer that can be sold, then the other stuff that could sell even better. The idea of ​​selling goods through online auctions is not only to attract more members to join, but also investors. In 1997, eBay received an injection of funds amounting to U.S. $ 6.7 million from the firm Benchmark Capital. At that time, it's almost 2 million transactions have been conducted the auction on eBay.
In 1998, this auction site already has 500 thousand members with a profit of U.S. $ 4.7 million. EBay's success continued with the strategic steps taken, namely the acquisition of PayPal in 2002, so that the transfer of funds between two individuals becomes much easier. In 2006, eBay also acquired Skype, an Internet-based telecommunications company.
EBay's success can not be separated from the values ​​shared by Pierre, namely that man is basically good, honest, and has an advantage that can be given to others. Armed with honesty, then the buyer and seller on the eBay site to conduct transactions securely. This honesty principle which then makes more and more Internet users to use eBay to do business.
Today, wealth Pierre has reached U.S. $ 5.5 billion more. Most of his wealth he used to establish a foundation that memabantu eBay nonprofil organizations to promote economic growth.

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