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I want to say Carl Icon's push to separate PayPal from eBay was beneficial. Not that PayPal stock has done so well lately, but it's a real company providing a r
by droopyEyelids 5y ago
I want to say Carl Icon's push to separate PayPal from eBay was beneficial. Not that PayPal stock has done so well lately, but it's a real company providing a real service now, and overall the calculus is positive
This doesn't really dispute your point though. Rules tend to have an exception or two.
- Traster 5y agoPaypal separating from eBay was good financial engineerings, but at the end of the day you've got two crappy companies with 1 sinking faster than the other, neither has done well since, and separately they're both too small to compete in their markets.