eBay LIVE! 2008 or eBay DEAD 2008?
The reports from eBay LIVE! are quite interesting.
First this YouTube video shows a ghost town in the conference room that should be full of eBay Power Sellers (Note: eBay does not allow video taping eBay live sessions, now you know why)
Then AuctionBytes transcripts some of the eBay LIVE! Q and A sessions,
Oooooops Griff, don’t you wish you kept your mouth shut? Remember eBay is all bunnies, daisies and lollypops!
where eBay spokesman Griff declares:
Griff: We had to make these changes because, without buyers, there will be no eBay in two years.
“Bullshit!” someone says.
“No bullshit,” he responds; “absolutely true. The rate of decline in the growth of buyers…it was ripe for buyers going other places, and if the momentum starts, eBay is over.“
EBAY shares opened at 28.85 and are down over 3% to
Real-time: 28.24 Down 0.93(3.19%) 3:21PM ET as I write this post today.