You Can Explain eBay’s $50 Billion Turnaround With Just This One Crazy Story

This truly fascinating story on INNOVATION was published on Business Insider here

You Can Explain eBay’s $50 Billion Turnaround With Just This One Crazy Story

Saving Ebay v.3_03

Jack Abraham’s taxi came to a stop.

It was Saturday night, Feb. 17, 2012 — around 7:30 p.m. Outside the cab, it was dark and in the low 40s.

Abraham had arrived at San Francisco Airport. He had just barely enough time to make his flight.

Still, he hesitated, momentarily glued to the seat as the momentousness of what he was about to do fully dawned on him.

“Are you crazy?” he asked himself, out loud.

In a few minutes, Abraham and five of his coworkers from eBay would board a 14-hour flight to Sydney, Australia.

Their plan was to spend the next two weeks re-inventing the eBay homepage, based on a rough idea Abraham had pitched to Donahoe only the day before. The CEO had warmed to the idea, and the positive response had sent Abraham into a manic frenzy of organizing, recruiting, and planning. He had to move fast, he felt, because he feared that if he did not, eBay’s big-company processes and politics would suffocate his idea before it ever became a prototype.

Continue reading this extraordinary story here

 

About panosnomikos

I have published "Fateful Eyes", an intriguing novel about love, war, financial crisis and a man's quest to comprehend fate's dizzying gaze...
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One Response to You Can Explain eBay’s $50 Billion Turnaround With Just This One Crazy Story

  1. Reblogged this on The Profitable Business Entrepreneur and commented:
    good story..thanks for the post

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