eBay: Good in Parts
At the Accel Symposium, we heard John Donahoe, eBay CEO, admit that there was little synergy between core eBay, PayPal, and Skype. He lauded PayPal, showed some false modesty around Skype, and talked about core eBay in a way that indicated a clear understanding of its limitations and challenges. If that sounds a tad negative, that was not what I took away. What I did take away was that eBay is a great collection of parts, a really great collection of parts, that would be more valuable as independent entities.
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