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by Domenic_S
2187 days ago
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I worked for eBay/Paypal. Honestly I'm so disappointed in how far eBay's fallen. I opened my eBay account in 1999 - finding great deals, good sellers, sending money orders in the mail... those were the good times. And it was like a dream come true when I got a job there. But eBay's lost its heart. Like all enormous and old businesses it got taken over by the suits, and the suits decided that a Marketplace was eBay's best future. Over the last decade they've been trying and failing, while being occasionally mired in scandal: GSI Commerce/eBay Enterprise (SEC violations, eventual divestiture), Skype (onerous terms for employees during sale to MS), Magento... Policies are broken. Did you know "no returns" means a buyer can still make a return? Sellers take a HUGE risk selling on eBay these days, to the point where I don't list on eBay anymore. And then this? If it were an episode of Silicon Valley we wouldn't believe it was possible. How the mighty have fallen. |
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PayPal should be stripe and coinbase combined with their early lead but they haven’t bothered to even try and compete.