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Detailed text transcripts for TV channel - CNN - 20170814:01:56:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170814:01:56:00

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 ignoring traditional measures of success. >> but reality has now set in. >> these upstarts didn't have...

Detailed text transcripts for TV channel - CNN - 20170814:01:45:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170814:01:45:00

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. that's a lot of people. how do you stop the unscrupulous? >> problems like that are very rare on ebay. it's based on trust. >> one thing ebay pioneered is the idea we rate each other. so future participants can see whether you're a good person to deal with or not. it's in your financial interest to be looked up to and respected as a trustworthy transactional p...

Detailed text transcripts for TV channel - CNN - 20170814:01:46:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170814:01:46:00

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. >> it's the earth's biggest bookstore. not just the country, but the earth's. but you can't shop there unless you have a computer. it's a virtual bookstore. >> books, books and more books. that's what they do at amazon.com. >> if you were to print the catal ...