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August 14, 2017
He may very well have thought that given what he had already accomplished, the highest and best use of his remaining years was to spend that money helping humanity. >> it was just a few months back. if your company ended in dotcom, it was a good thing, but at the end of this brutal week on wall street, a lot of analysts think the internet bubble is ready to burst. by this time next year a huge dotcoms might be gone. >> a year ago so many investors were eager to buy into the internet they were ig...
August 14, 2017
And decide ob an opening bid. >> ebay changed everything, and not because what they were offering was so incredible and revolutionary, essentially what they were doing was they were automating the middle man. >> 600 million hits a month. thats a lot of people. how do you stop the unscrupulous? >> problems like that are very rare on ebay. its based on trust. >> one thing ebay pioneered is the idea we rate each other. so future participants can see whether youre a good person to deal with or not. ...
August 14, 2017
Was based on this idea of what counted was eyeballs. if you could get enough people using your stuff, you would figure out a way organically from that to make a profit. >> the daily volume, 3.7 million shares. we are almost at $2 billion company. >> people love these stocks. anything that has dot com or net in the name goes like hot cakes. >> its the earths biggest bookstore. not just the country, but the earths. but you cant shop there unless you have a computer. its a virtual bookstore. >> boo...