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Ebay buys PayPal

Posted by CmdrTaco on from the i-think-ebaby.com-should-sell-children dept.

mdahlman was among several readers who submitted the story that eBay has bought Paypal in a deal worth $1.5B in stock. The article is mostly numbers and money related stuff, but it also briefly mentions some of the controversy surrounding eBay.

5 of 181 comments (clear)

  1. Maybe..... by Lord_Slepnir · · Score: 5, Funny

    Maybe they're just tring to set a record for the largest sale on their own auction site. You too could own paypal. Bids start at 1 billion, 2 billion dollar reserve.

  2. Better call the FBI by fritter · · Score: 5, Funny

    It turns out they just fell for some Finnish guy's scam (never send $1.5B of stock to a P.O. box!). He claimed he was selling PayPal "for a friend", but oddly became angry upon suggestion of sending it C.O.D. Unfortunately, due to their toothless fraud protection policies, it looks like they're just gonna have to suck it up and take the loss.

    Better luck next time, eBay! They probably should have bought PayPal through an escrow service...

  3. from the article by tps12 · · Score: 5, Funny

    Asked about the deal, an Ebay spokesperson described PayPal's management as "A++++++++++", calling them "VERY RESPONSIVE" and noting that they "WOULD DEFINITLY BUY FROM AGAIN." PayPal's feedback rating is 1283.

    --

    Karma: Good (despite my invention of the Karma: sig)
  4. Is it just me... by mraymer · · Score: 5, Funny

    ...or does corporate America somewhat resemble a game of Pac-Man?

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    "To confine our attention to terrestrial matters would be to limit the human spirit." -Stephen Hawking

  5. It was amost mine by presearch · · Score: 5, Funny

    Damn! I bid $1.45 billion and ebay sniped me in the last 20 seconds.