At TechCrunch Disrupt 2013 NY, eBay's CEO John Donahoe talked to Bloomberg's chief content editor Norm Pearlstine about how the company screens its acquisitions and how he keeps founders from leaving after the acquisition. Since becoming eBay's CEO, Donahoe said, the company has made about 20 acquisitions. Currently, fifteen of the founders that joined eBay and PayPal after their companies were acquired are still at eBay and most of them are in executive positions.
CEO Donahoe mentions Jack Abraham before the 9 minute mark of the video yet fails to disclose he left ebaY. Is that odd considering the title of the article?
In the above video, they go on to discuss the Marketplace Fairness Act.
Appearently Donahoe's argument is something like;
We want to treat sellers everywhere fairly, by screwing the ones who are brick & mortar, while ones in different states can get by without having to collect taxes.
and:
We want to protect small businesses, by raising the exemption so that big business qualifies too.
when asked about the technological improvements since the last revision or whatever of the law, and how it should not be difficult to administer for a tech outfit like ebay, he sort of sidesteps it again with an a=a, therefore it is b argument.
Then he goes on with a little FUD type argument about how any state might or could audit anyone in any state. They want to fight to protect those small sellers!
Hmmm. I wonder if ebaY and Paypal would be subject to such (or related) audits, should the Bill pass?