This article come to mind. Would Google be interested in buying a stake in Paypal now?
http://www.cnet.com/news/google-to-buy-slice-of-ebay-unlikel...
EBay to Spin Off PayPal
11–20 of 102 posts
Re: EBay to Spin Off PayPal
#12The first thing that comes to mind is that the clock has just started ticking for PayPal to become accepted all over the web in places that it may not have been as welcome. For example, I'm sure Amazon will add PayPal within 90 days of Paypal going public (if not sooner).
Isn't Paypal just another middleman between the retailer and the banks?
I mean, Paypal is all very well for a small site where customers don't trust you with their card details or you're not doing enough volume to get a decent merchant account - but neither of those applies to Amazon.
Paypal will want a bigger cut than Amazon's existing credit card processors. So why would Amazon want to use Paypal?
Re: EBay to Spin Off PayPal
#13The first thing that comes to mind is that the clock has just started ticking for PayPal to become accepted all over the web in places that it may not have been as welcome. For example, I'm sure Amazon will add PayPal within 90 days of Paypal going public (if not sooner).
I dont think so that will happen any soon. PayPal and eBay have split to fight off competition and Amazon is quite a competitor for PayPal.
Re: EBay to Spin Off PayPal
#14Spinning off PayPal really hurts the long-term growth potential of EBay. They haven't grown much at all over the past few years, once you take out the PayPal revenue. That will really hurt the stock price. Meanwhile, I would expect PayPal's stock price to grow as it's potential for growth is pretty large. Will be very interesting to see how they split the existing EBay shares for shareholder and at what price.
Re: EBay to Spin Off PayPal
#15I'm amazed that this jackass who ran TWA into the ground still has so much staying power. http://www.businessinsider.com/marc-andreessen-carl-icahn-ki...
Re: EBay to Spin Off PayPal
#16The recent Alibaba ipo demonstrates this is a stupid idea and that eBay has been chronically mismanaged for years. That it has effectively squandered such a massive lead and headstart is incredible.
Re: EBay to Spin Off PayPal
#17The first thing that comes to mind is that the clock has just started ticking for PayPal to become accepted all over the web in places that it may not have been as welcome. For example, I'm sure Amazon will add PayPal within 90 days of Paypal going public (if not sooner).
Amazon has their own payments solution. I've actually seen it replacing PayPal several places, like buying WiFi on flights.
Re: EBay to Spin Off PayPal
#18The first thing that comes to mind is that the clock has just started ticking for PayPal to become accepted all over the web in places that it may not have been as welcome. For example, I'm sure Amazon will add PayPal within 90 days of Paypal going public (if not sooner).
Isn't Paypal just another middleman between the retailer and the banks? I mean, Paypal is all very well for a small site where customers don't trust you with their card details or you're not doing enough volume to get a decent merchant account - but neither of those applies to Amazon. Paypal will want a bigger cut than Amazon's existing credit card processors. So why would Amazon want to use Paypal?
PayPal allows people who don't have a credit card to make purchases online. Many people in European countries don't have a credit card for example. Accepting PayPal is an easy alternative to supporting all of the different payment methods that you might need to meet certain regions expectations.
Re: EBay to Spin Off PayPal
#19Smart move, eBay divests before bitcoin really starts eating PayPal's lunch
Bitcoin provides zero protection to buyers. It's delusional to think people would want to buy stuff from ebay without the protections from Paypal or their credit card provider. Current consumer protection advice is to walk away from any sale that uses things like Western Union or cash transfer - and this is likely to be extended to include Bitcoin as soon as anyone in the general public hears about Bitcoin.
PayPal protections are usually considered a disaster for everyone involved. Sellers and companies are constantly getting their accounts frozen, buyers are constantly getting shipped bottles of shampoo instead of camera equipment, priceless violins are being destroyed, etc..
Re: EBay to Spin Off PayPal
#20Great decision, allowing PayPal to grow beyond the virtual ceiling placed by being governed by a marketplace company which rightly has its own agenda before PayPal's.
As long as the split does not disrupt the current relationship for buyers and sellers using Ebay. Right now the process is quite simple and there had been recent efforts to link the two sites even more, as in not needing to ever log into Paypal to complete ebay purchases. hopefully that integration won't suffer.
integration has been live on my account for several months.