
buttpiratestormtrooper
1.7K posts

buttpiratestormtrooper
@buttpirate741
Ask not what your company can do for you – ask what you can do for your company



Great thread! For additional context, none of this is new "news" to current $EBAY management - they've simply fumbled many opportunities to capitalize on it through misexecution/mismanagement. When Iannone took the helm in 2020, his initial "tech-led reimagination" strategy specifically called out the need to capitalize on eBay's robust C2C platform. From PR at the time: "eBay 's success has always been rooted in its robust C2C platform. I believe the Company has tremendous opportunities to capitalize on this foundation, innovate for the future and grow its ecosystem." investors.ebayinc.com/investor-news/… He took those sentiments even further in an interview with CNBC in July 2020, saying getting back to individual consumer selling and becoming the "seller platform of choice" were among his top priorities for the company, along with focusing on key core vertical categories for growth. youtube.com/watch?v=duSNA8… Unfortunately, consumer selling and being the seller platform of choice quickly faded to the background as Iannone pursued a very narrow focused vertical, "high value, enthusiast buyer" strategy - leaving many of the non-new in season, one of a kind, vintage, antiques and other collectibles C2C sellers that were the "foundational roots of eBay's success" feeling excluded and abandoned. It was only in 2024, after Chief Business Strategy Officer Stef Jay's exit, that Iannone pivoted back to the current C2C focus. More on that: valueaddedresource.net/ebay-touts-ai-… Those who point to the most recent few quarters to say "the turn around is working" need to zoom out a few years & start asking why it took so long.







GameStop is offering to buy eBay for cash it doesn’t have, and also for stock it doesn’t have. (via @opinion) bloomberg.com/opinion/newsle…


























