Critical Section

eBay -= PayPal

Tuesday,  09/30/14  11:18 AM

So eBay is splitting out PayPal after having owned it for twelve years

Many of you have asked me what I think: I think it's great!  PayPal always had a huge vision - an early slogan was "the new world currency" - and although there was definitely a fit within eBay, it always felt that restricting PayPal to "just" auction settlement was closing down on that vision.  It might be too late to unlock all of the potential; the world of online payments has changed a lot in the intervening time, and it's possible PayPal could have been an even bigger player if left on its own. 

Anyway it's a good thing - for both companies - and will be exciting to watch!

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