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BusinesseBayWebsite Biography

American multinational corporation and e-commerce company, providing consumer-to-consumer & business-to-consumer sales services via Internet. It is headquartered in San Jose, California, United States. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble; it is a multi-billion dollar business with operations localized in over thirty countries. AuctionWeb was founded in California, on September 3, 1995, by French-born Iranian-American computer programmer Pierre Omidyar (born June 21, 1967) as part of a larger personal site. One of the first items sold on AuctionWeb was a broken laser pointer for $14.83. Astonished, Omidyar contacted the winning bidder to ask if he understood that the laser pointer was broken. In his responding email, the buyer explained: "Im a collector of broken laser pointers."[11] The frequently repeated story that eBay was founded to help Omidyars fiancée trade Pez candy dispensers was fabricated by a public relations manager in 1997 to interest the media, which were not interested in the companys previous explanation about wanting to create a "perfect market". This was revealed in Adam Cohens book, The Perfect Store (2002), and confirmed by eBay. Link to Wikipedia: EBay Read less