Up until early summer 1998, eBay’s primary competition was Jerry Kaplan’s Onsale Exchange, which had launched in October 1997 and had failed to attract a critical mass. When Bob Kagle introduced eBay to Benchmark’s limited partners at the annual meeting in early June, eBay had an 89 percent market share. Kagle said that the company anticipated majo

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Beginning with the New Deal and extending through the first three decades after World War II, the federal government created centers of economic power that offset the power of the giant corporations and Wall Street.

Unions pushed for and won legislation in 1935 that legitimized collective bargaining, and then, in subsequent decades, built economic ... See more

I think our competitive aim is always been... This is going to sound like very basic but it’s true. It’s just we do what we say we’re going to do when we say we’re going to do it. We just try to practice extreme reliability. And it’s an accruing advantage because the more people know that you’ll do what you say you’re going to do, you’re going to t... See more