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It says right there: "I'm driving a lot of changes at PayPal (I took over 5 months ago)"

by sync 14y ago

wging 14y ago
But 5 months is a long time. Why only now? Surely there have been high-profile cases whose media frenzies can be capitalized on before now.
- asarazan 14y ago
  I think you're both underestimating how long it takes to really get settled in and take charge of a huge corporation, as well as overestimating just how long 5 months really is. Seems like about the right amount of time for him to start really kicking things into high gear imo.
- joshAg 14y ago
  If I had to guess, I'd say because it took the ceo a few months to see how things are currently done and identify problems. The rest of the time I guess would be waiting for the right case to come along.
- j79 14y ago
  Five months may seem like a long time, but trying to fix something that's pretty broken probably requires a bit of time to understand just what the hell you're trying to fix.
- diego 14y ago
  Not for the CEO of a big company like that. 5 months is barely enough to get the lay of the land. The press may have you believe otherwise (e.g. Marissa Mayer is changing Yahoo overnight). It's a more interesting story than "she's slowly getting to know how things work while trying to fix the most obvious and visible disasters."
- adgar 14y ago
  "I can run a 3 man startup and change things in a week! Why can't a public traded company worth billions with thousands of employees change things in a week?" Check your ignorance and entitlement at the door, please.
  - rhizome 14y ago
    Not to mention that any changes they make have to be proven not to expose them to the banking laws that they've been assiduously avoiding, and that would provide the kinds of protections that the general population expects.
    - chris_wot 14y ago
      They can't escape these laws on Australia as they are a financial depository institution regulated by APRA. Should they try to deny an Australuan their money like this, they will be in a world of pain.
      - voltagex_ 14y ago
        Hey, I'm an Aussie using PayPal and this is the first time I've heard of this. Where can I go to read more?
        chris_wot 14y ago
        Authority is here: http://www.apra.gov.au/adi/Documents/cfdocs/PayPal-auth-and-conditions-2006.pdf http://www.apra.gov.au/adi/Documents/cfdocs/PayPal-auth-and-... They are classed as an ADI, which means banking rules applies to them.

It says right there: "I'm driving a lot of changes at PayPal (I took over 5 months ago)"

by sync 14y ago

It says right there: "I'm driving a lot of changes at PayPal (I took over 5 months ago)"

wging 14y ago

But 5 months is a long time. Why only now? Surely there have been high-profile cases whose media frenzies can be capitalized on before now.

asarazan 14y ago
I think you're both underestimating how long it takes to really get settled in and take charge of a huge corporation, as well as overestimating just how long 5 months really is. Seems like about the right amount of time for him to start really kicking things into high gear imo.
joshAg 14y ago
If I had to guess, I'd say because it took the ceo a few months to see how things are currently done and identify problems. The rest of the time I guess would be waiting for the right case to come along.
j79 14y ago
Five months may seem like a long time, but trying to fix something that's pretty broken probably requires a bit of time to understand just what the hell you're trying to fix.
diego 14y ago
Not for the CEO of a big company like that. 5 months is barely enough to get the lay of the land. The press may have you believe otherwise (e.g. Marissa Mayer is changing Yahoo overnight). It's a more interesting story than "she's slowly getting to know how things work while trying to fix the most obvious and visible disasters."
adgar 14y ago
"I can run a 3 man startup and change things in a week! Why can't a public traded company worth billions with thousands of employees change things in a week?" Check your ignorance and entitlement at the door, please.
- rhizome 14y ago
  Not to mention that any changes they make have to be proven not to expose them to the banking laws that they've been assiduously avoiding, and that would provide the kinds of protections that the general population expects.
  - chris_wot 14y ago
    They can't escape these laws on Australia as they are a financial depository institution regulated by APRA. Should they try to deny an Australuan their money like this, they will be in a world of pain.
    - voltagex_ 14y ago
      Hey, I'm an Aussie using PayPal and this is the first time I've heard of this. Where can I go to read more?
      - chris_wot 14y ago
        Authority is here: http://www.apra.gov.au/adi/Documents/cfdocs/PayPal-auth-and-conditions-2006.pdf http://www.apra.gov.au/adi/Documents/cfdocs/PayPal-auth-and-... They are classed as an ADI, which means banking rules applies to them.