The founding of ebay,the internet's largest aution site offeas a classical tale of an entrepreneurial firm's beggings.Although ebay has achieved remarkable success, the story of how the company started is not extraordinary.it began with an entreprenuer who recognized an opportunity and through passion, hard work and willingness to partner with others, built a successful entrepreneurial firm.
Pierre omidyar is a soft-spoken computer engineer. Born in france in 1967, he moved with his family to the united states as a young boy. Interested in computers from the time he was a child, omidyar graduate from tufts university with a computer science degree. After collenge, omidyar worked for claris and then left to cofound a firm called ink development, a developer of pen ink software . Ink eventually failed. But a computer system that omidyar developed for ink was salveged. In turn ,this system became the backbone of a new online retailer named eshop. Omidyar gained valuable experience helping eshop raise venture capital financing. Later,he left the company to take a position with General magic. His experiences as a young entreprenuer however would prove invaluable to his ability to conceive ,launch and transform a new venture into a remarkably successful company.
There are two vesion of how ebay started. The romantic version is that over dinner one night omidyar girlfriend(and now wife), a collector of pez dispensers.asked him if there was any way he could set up a website for collector like her. Pez dispenser are plastic tubes that dispense candy and are collector's items because they are made to look like different characters such as movie and athletes. Although this is an appealing story.(to be continued)
Wow
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