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Published · transcript-backed

David Rosenthal: belief

9 May 2016 Acquired PayPal

“I think taking all of this into account, it’s almost like, you know, I think I’m going to net out at a B+ for eBay on the acquisition.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
9 May 2016
Publisher
Acquired
Episode
PayPal

Transcript context

…Oh, man. Talking about a product that they needed and a team that was just completely incompatible with their culture. And so what’s interesting about grading this one is, like, breaks all the rules and yet creates a huge, huge amount of value for eBay, eBay shareholders, for the entire Silicon Valley startup ecosystem as a whole. I think taking all of this into account, it’s almost like, you know, I think I’m going to net out at a B+ for eBay on the acquisition. I mean, created billions and billions of dollars worth of shareholder value. But had they handled it differently, could they have realized much more value? Yes. But also if they’ve done that, we all would be so much poorer for it because of the exodus that happened, because of the PayPal mafia. We have so much else in the ecosystem. Yeah. I mean, if I look at it this way, like when we’re talking about… so, I see you, I appreciate those things, I hear you.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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