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He was fired by the board because he had incredibly aggressive expansion plan for PayPal. While the board wanted to sell the company to eBay. Given what happen
by panick21_ 4y ago
He was fired by the board because he had incredibly aggressive expansion plan for PayPal. While the board wanted to sell the company to eBay.
Given what happened to eBay afterwards seems to me PayPal working by itself would have been far better for them in the long term.
There was a shit-ton of money to be made, providing card terminals, cars, direct accounts and so so on.
PayPal could have done a lot of things later done by things like ApplePay.