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Alex Johnson

@AlexH_Johnson

Fintech theorist, theorizing at @FintechTakes.

calendar_today08-05-2009 20:42:58

16,2K Tweets

23,2K Followers

3,5K Following

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Hey, remember eBay? What about PayPal?

One takes us back to the scam-filled days of early aughts online shopping, while the other...not so much.

But that's not the whole story.

*This* is the story of how eBay accidentally created Paypal πŸ’ΈπŸ‘‡

Hey, remember eBay? What about PayPal? One takes us back to the scam-filled days of early aughts online shopping, while the other...not so much. But that's not the whole story. *This* is the story of how eBay accidentally created Paypal πŸ’ΈπŸ‘‡
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In 1995, eBay was born as part of founder Pierre Omidyar's personal website (initially called AuctionWeb).

If you were around for the 90s dot-com boom, you definitely used eBay to buy and sell Beanie Babies or baseball cards.

eBay was one of the biggest websites in the world.

In 1995, eBay was born as part of founder Pierre Omidyar's personal website (initially called AuctionWeb). If you were around for the 90s dot-com boom, you definitely used eBay to buy and sell Beanie Babies or baseball cards. eBay was one of the biggest websites in the world.
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If you were brave enough to bid or sell in the 90s eBay boom, you might recall something...interesting.

eBay intentionally didn't build payments into their platform.

AKA in the wild wild west days of e-commerce, how you resolved the payment was up to the buyer and seller.

If you were brave enough to bid or sell in the 90s eBay boom, you might recall something...interesting. eBay intentionally didn't build payments into their platform. AKA in the wild wild west days of e-commerce, how you resolved the payment was up to the buyer and seller.
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