Behind Icahn's eBay proposal: a PayPal acquisition
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Since: Nov 13
#1 Jan 31, 2014
It pains me terribly, but …
Notwithstanding that I have hereto before been a constant vociferous critic of eBay’s chief headless turkey, Johnny Ho, this time I have to concur with him that eBay should never let go of “PreyPal”. As great a fool as he is, Johnny Ho knows that without its existing integrated relationship with the eBay marketplace, the value of the clunky “PreyPal”, as a stand-alone, would be reduced catastrophically (eBay actually generates ~30% of PayPal new users with no customer acquisition costs for PayPal and half of PayPal's profits come from transactions on eBay where “PreyPal” is perfectly integrated); and, worse still, without “PreyPal”, the value of the eBay marketplace would be reduced by some 40%(“PreyPal” currently contributes ~42% of eBay’s profits)…
I hate to admit it, but for once Johnny Ho has got it right; Icahn does not know what he is talking about and clearly has no understanding of the inextricable and mutually supporting nature of the incestuous relationship between these two clunky, disingenuous, unscrupulous, commercial entities …
Regardless, none of the above can outweigh the fact that Johnny Ho is otherwise a destructive, narcissistic sociopath and that under his direction eBay Inc. is ultimately going to finish up at the sewage farm …
The ugly reality of eBay Inc.:
eBay's crooked auctions marketplace ... http://bit.ly/11F2eas
eBay Motors (UK sampling): Auction Fraud Galore ... http://bit.ly/I2gTEU
eBay Motors XSS Redirect Scam in Action: video ... http://bit.ly/1d46NvE
eBay's clunky, unscrupulous "PreyPal" ... http://bit.ly/UVXx53
The ongoing joke of eBay Inc.... http://bit.ly/YvxFEg
Fun quotes from the eBay executive suite ... http://bit.ly/12xvzyA
eBay / PayPal / Donahoe: Dead Men Walking ...
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