Jim Cramer's Mad Dash: EBAY
Marc Andreessen, co-founder and general partner of Andreessen Horowitz, fired back at hedge fund manager Carl Icahn, who recently blasted eBay TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, pointed out that Andreessen, the creator of the old Netscape web browser, sits on the board of eBay as well as Facebook Cramer agreed ... (more)
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Since: Nov 13
#1 Mar 7, 2014
Carl Icahn: Marc Andreessen's Conflicts On EBay Are 'Clear And Insurmountable'
One reason we were enthusiastic about buying Skype was that even though we thought it would be a tremendous standalone business, we also knew that for Microsoft and a number of other companies Skype would be an obvious thing to buy. We knew wed always have the fall-back of selling to strategic buyers.Marc Andreessenafter the sale to Microsoft
Well, if Andreessen did indeed make that statement it does appear damning. Further, it can be demonstrated that eBay Inc. is, beyond any doubt, a knowing and calculated facilitator of widespread auction fraud on the consumers of the world, and it would surely be naïve of anyone to think that eBays directors could be so uninformed that they were unaware of this oft reported and endemic criminal activity http://bit.ly/11F2eas
It follows therefore that if anyone thinks that such directors would not take such an opportunity to further enrich themselves, then they have probably spent far too much time in Wonderlandalong with Alice, and eBays Johnny Ho.
Directors may well recuse themselves from the decision making process in such situations of potential conflict of interest but, dont kid yourself, such deals, and the dividing up of the spoils therefrom, will have been pre-determined in the executive washroom, well in advance of any formal board meeting
Never ever hire an MBA; they will ruin your company.PayPal founder, Peter Thiel
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 Scams in Action: video ... http://bit.ly/1d46NvE
eBay/Gumtree / Barclays Bank Motors Scams http://bit.ly/1c9Uwck
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
On Facebook ... http://on.fb.me/Jktyo4
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