eBay and PayPal to Split, John Donahoe Will Remain on Boards

by: Massachusets Howler

We knew something was up.
MH

by: Basset

Hmmm.... and so IT begins.

Can't exactly call it unexpected.  

by: Al G

Hang on! Nothing like a major change at the top to demoralize a company.

The middle managers now have to "make their bones" over again. The blokes in the trenches will take it on the chin.

Oh yes, how does this affect eBay's "policy/crisis of the day'?

The only good thing coming out of this is no more "Thinking Days" and maybe business meetings will be held without cell phone distractions.

by: Basset

Is there any ''sunshine'' or transparency involved in a split like this?  

by: OnlyPollyPocket

And Donahoe remains???  Yeah, whatever....

by: LDS Brother

I am CONFUSED ?

Devil Wenig is the next CEO next year ?

Can someone help me understand what Devil Wenig will be CEO of NEW eBay company means ?

IS he the next CEO and if so will he try to TOP Donahoe in inflicting pain on good sellers ?

by: Ed Gadfly

Now that is ambition! JD has 2 jobs. This truly is a Land Of Oppertunity, and it's companies like eBay and PayPal who make you sellers a success.

JD does a great job because when we (me and the mouse in my pocket) talk, those companies listen.

Forget your germy dollars and your cryptic little Bitcoins. PayPal is the most loved form of payment.

They say so, you read it, it must be true.

When is the next eBay On Probation, event? I can't wait to stick my head in the Kool-aid.

by: Rexford

And Carl Icahn is $180M richer this morning.

What I am hoping for is that going forward that eBay will not be able to hide from their true numbers---no more hiding behind PayPal's accounting skirts.

And Donahoe is like a party guest who doesn't know when it's time to leave.

by: SleepyTime

DONAHOE IS GONE!!!!!  Be still my heart.  I don't know why after almost 6 years away from Ebay that excites me so much.  What a long, terrible reign of a CEO.  I applaud all of the sellers that have hung in there and I REALLY hope that things now get better for you.  DONAHOE IS GONE!!!!!

by: LightWing

With "11 Main" opening in the next few months and the Alibaba IPO success I expect "someone in China" to actually buy Ebay next year.

As an 11 Main Seller, last week we were asked to join their "Direct Payments" program...they're pushing Paypal to the side.

The best way to kill a Snake is to cut the head off.

by: frustrated

Remember how happy we were when MEG stepped down?

This Wenig could be a great thing and could be 1,000 times worse than Donahoe.

Don't count your chickens before they hatch.

Remember Donahoe likely hand picked this guy because he shares his values. i.e, we hate small sellers, let's get rid of them??  

by: frustrated

Wenig: NO E-COMMERCE experience.

What does that tell ya?

by: DingDong

Is this a way to sell the "broken eBay"? Is this a way that Paypal can charge a monthly fee for use?

Any selling sites, please start adding Direct Checkout for your sellers and if possible Stripe, Propay or whatever other option of payment that people can use other than Paypal.

by: LightWing

Here's a question:  Will the new "agreements" between Ebay and Paypal REMOVE the forced acceptance of Paypal for Ebay transactions?  My guess is no.

by: Map

Way to go CARL. HAHAHAHAHAHAH

Jim Cramer has the Quote of the day.
"I'm not touching eBay Stock"

HAHAHAHAHAHAHAHHAHAHA

by: frustrated

WATCH the Alipay.

Don't be so quick to jump on THAT bandwagon. They HOLD ALL PAYMENTS until the item is delivered. Which could be a big part of the reason Jack Ma is a billionaire.

Read that fine print before you sign up.

And SQUARE is getting bigger and bigger as a payment processor. We keep hoping they will start online interface soon.

Pay-pal is telling us we may have to issue refunds for 6 months after the sale. HE**, I COULD BE DEAD BY THEN.

Totally un-realistic.  

by: Basset

Donahoe may be gone but he's not GONE since he's still on the board.

And, isn't Wenig just more of the same ole same ole?

by: Massachusets Howler

Will there be any immediate changes to the defect system now?
MH

by: Rexford

Basset, correct on both accounts.  Unless Donahoe was twisting Weinig's arm I would not expect much to change.

MAP, Jim Cramer has waffled over eBay for years. One minute he is singing their tune and the next minute he is not.  I put no faith in the man who stated that everything at Bear Stearns was just fine.

by: ebayisscrewed

"Likewise, you can continue to count on everything you expect from eBay today.  Innovation, value, trust, selection, and global reach will remain central to our business."

They are SO delusional.  Seriously, who believes eBay to be an innovator?  Not one of your brilliant innovations has worked and has successfully driven the marketplace into the ground.  

Trust?  I am in such disbelief that they think they are trusted that I can not even get my brain to comment on this.  

Selection?  You mean we (ebay) force feed the masses what we want them to see and buy regardless of what they are really looking for.  Great Selection!

Global Reach?  Bwhahahahahaha.   Our Global Sales have all but died as eBay's greed introduced the global shipping program.  A program that erroneously charges ridiculously high taxes to international customers while pocketing the change.  Seriously, when is our government going to audit the excess revenue from this program?  

They run the core marketplace into the ground.  They destroy a once vibrant community.  Here's your golden parachute @##holes.