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eBay was founded as AuctionWeb in California on September 4, 1995, by French-born Iranian-American computer programmer Pierre Omidyar as a hobby to make some extra money. [2] One of the first items sold on AuctionWeb was a broken laser pointer for $14.83. Astonished, Omidyar contacted the winning bidder to ask if he understood that the laser ...
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Pierre Morad Omidyar (born Parviz Morad Omidyar, June 21, 1967) is a French-born Iranian-American billionaire. A technology entrepreneur, software engineer, and philanthropist, [ 6] he is the founder of eBay, where he served as chairman from 1998 to 2015. [ 7][ 6] Omidyar and his wife Pamela founded Omidyar Network in 2004.
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As of September 2014, eBay has acquired over 40 companies, the most expensive of which was the purchase of Skype, a Voice over Internet Protocol company, for US$ 2.6 billion in cash plus up to an additional US$1.5 billion if certain performance goals were met. [2] The majority of companies acquired by eBay are based in the United States.
StubHub was founded in March 2000 as a class project [7] by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. [8] One of its first major sports deals was with the Seattle Mariners in 2001. [9] In 2002, eBay was in talks to acquire StubHub for US$20 million, although the agreement had later "fallen ...
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Bridgeville, California (population 25) was the first town to be sold on eBay in 2002, and has been up for sale three times since. [1] In January 2003, Thatch Cay, the last privately held and undeveloped U.S. Virgin Island, was listed for auction by Idealight International. The minimum bid was US$3 million and the sale closed January 16, 2003.