Wednesday, October 10, 2007

Advice for eBay

Fresh after it's wild success in the internet telephony market with the cash machine formerly known as Skype, eBay is hot on the heels of the next Valley phenom: social networking.

Once eBay has either acquired or defeated Facebook, it may wish to consider focusing on its core business -- online auctions. Because buying and selling stuff on eBay is a royal pain. I've always thought it is the second worst successful site out there, being pipped at the post by MySpace.

After moving to the Bay Area, all of my transactions have been through CraigsList, which is far easier to use. But it's not as if eBay's auction business is doing poorly -- it's only down 2% YoY.


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