Evidence receipt / observation
Published · transcript-backedSpeaker unverified: observation
18 Sept 2017 Acquired AOL and Time Warner (with the Internet History Podcast)
“Like in a time period when Amazon is down to like $5, because eBay’s business basically never dipped, so in retrospect, which we’ll get into, buying eBay was the way to go.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- observation
- Recorded
- 18 Sept 2017
- Publisher
- Acquired
Transcript context
…Well, and in large part too because of PayPal, which of course came later. And then that’s the counterfactual if would AOL have been smart to have allowed the PayPal acquisition. But if you look at eBay stock, it goes down some but then it reaches its height. It surpasses its dot come bubble height in 2003-2004. It’s like the only stock that does. Like in a time period when Amazon is down to like $5, because eBay’s business basically never dipped, so in retrospect, which we’ll get into, buying eBay was the way to go. They should have gone with it. I’m going to save this. I want to come back in tech themes. This is my tech theme here but this is, well, I’m going to say much more on this later. Suffice to say that eBay was the much better business for the internet certainly than Time Warner.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.