Subject:
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Re: PAYPAL Work-Around (untested)
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Newsgroups:
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lugnet.market.theory
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Date:
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Wed, 29 Nov 2000 01:00:21 GMT
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Viewed:
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492 times
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In lugnet.market.theory, Ran Talbott writes:
> I just read yesterday that ebay's purchase of BillPoint (I
> *think* that's the name) is now being regarded as A Bad Move (tm) by the
> stock-floggers, because Paypal is actually doing more of the settlements for
> ebay auctions than ebay's own subsidiary.
This despite BillPoint being built into the listing page...
First mover advantage strikes again. PayPal has left everyone else in the
dust. eBay would better have bought PayPal.
It's eerie how similar the complaints about eBay of a year or two ago and
the complaints about PayPal seem. Not in particulars, but in form. Both more
or less own their market, both do things that a lot of people don't like,
but people are going to go along anyway. Gee, am I arguing against dominant
players in markets... Urp. nevermind. :-)
++Lar
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Message has 1 Reply:
 | | Re: PAYPAL Work-Around (untested)
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| (...) I'm not so sure I would agree. I would think that eBay would be happy to get rid of BillPoint rather than assuming ownership of PayPal. I suspect that eBay thought (correctly so in my opinion) that more people would bid, and bid higher if they (...) (24 years ago, 29-Nov-00, to lugnet.market.theory)
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Message is in Reply To:
| | Re: PAYPAL Work-Around (untested)
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| (...) Not so strange: 1. Paypal has to pay the credit card discount, regardless. 2. They make money off the "float" (money that people leave in their Paypal accounts). So: 1. They encourage people to pay with money they didn't "pay a premium" for. (...) (24 years ago, 29-Nov-00, to lugnet.market.theory)
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