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EBAY 101 [NOOK Book]

Overview

Yes, you read that correctly: ten years. eBay was created in September 1995, by a man called Pierre Omidyar, who was living in San Jose. He wanted his site - then called 'AuctionWeb' - to be an online marketplace, and wrote the first code for it in one weekend. It was one of the first websites of its kind in the world. The name 'eBay' comes from the domain Omidyar used for his
site. His company's name was Echo Bay, and the 'eBay AuctionWeb' was originally just one part of Echo ...
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EBAY 101

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Overview

Yes, you read that correctly: ten years. eBay was created in September 1995, by a man called Pierre Omidyar, who was living in San Jose. He wanted his site - then called 'AuctionWeb' - to be an online marketplace, and wrote the first code for it in one weekend. It was one of the first websites of its kind in the world. The name 'eBay' comes from the domain Omidyar used for his
site. His company's name was Echo Bay, and the 'eBay AuctionWeb' was originally just one part of Echo Bay's website at ebay.com. The first thing ever sold on the site was Omidyar's broken laser pointer, which he got $14 for.

The site quickly became massively popular, as sellers came to list all sorts of odd things and buyers actually bought them. Relying on trust seemed to work remarkably well, and meant that the site could almost be left alone to run itself. The site had been designed from the start to collect a small fee on each sale, and it was this money that Omidyar used to pay for AuctionWeb's expansion. The fees quickly added up to more than his current salary, and so he
decided to quit his job and work on the site full-time. It was at this point, in 1996, that he added the feedback facilities, to let buyers and sellers rate each other and make buying and selling safer.
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Product Details

  • BN ID: 2940012472052
  • Publisher: Nook Ebook
  • Publication date: 5/15/2011
  • Sold by: Barnes & Noble
  • Format: eBook
  • Sales rank: 1,219,083
  • File size: 488 KB

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Sort by: Showing 1 Customer Reviews
  • Anonymous

    Posted February 23, 2012

    Gch Percy jackson

    It is the coolest thing

    1 out of 2 people found this review helpful.

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