Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?

To: Ricky Rydell who wrote (4363)	7/29/1999 11:59:00 PM
From: Ricky Rydell	Respond to of 7772

After all, simple economics is what drives ebay. Simple economics could do it in.

To: Ricky Rydell who wrote (4363)	7/30/1999 12:49:00 AM
From: Doug Fowler	Respond to of 7772

Ricky: I think the ONLY way that any company is going to come close to eBay in the next two years is to BUY their way in. I don't think all the advertising in the world will do it. But giving sellers money for listing (like $1 per listing for a total of 10 listings at any one time) and buyers money for bidding (say 10 cents for up to 100 bids in a month) would be fun and the costs could be controlled. The power of eBay is that is has the sellers and it has the buyers, and it has sufficiently large numbers of each (although perhaps a few too many sellers right now). 500,000 active auctions WITH the active buyers to go along with it would be a pretty good critical mass for Amazon.