Pierre Omidyar

Pierre Omidyar
Pierre Morad Omidyaris a French-born Iranian-American entrepreneur and philanthropist. He is the founder of the eBay auction site where he served as Chairman from 1998 to 2015. He became a billionaire at the age of 31 with eBay's 1998 initial public offering. Omidyar and his wife Pamela are well-known philanthropists who founded Omidyar Network in 2004 in order to expand their efforts beyond nonprofits to include for-profits and public policy...
NationalityFrench
ProfessionEntrepreneur
Date of Birth21 June 1967
CityParis, France
CountryFrance
We believe that business can be a tool for social good, ... Microfinance has already shown that enabling the poor to empower themselves economically can be good business.
A well-functioning microfinance bank can actually be a profitable business as well. So it became a perfect proof point that, through business, you can provide an experience that leads to individual self-empowerment.
Don't let people who you may respect and who you believe know what they're talking about, don't let them tell you it can't be done because often they will tell you it can't be done, and it's just because they don't have the courage to try.
When I started eBay, it was a hobby, an experiment to see if people could use the Internet to be empowered through access to an efficient market. I actually wasn't thinking about it in terms of a social impact. It was really about helping people connect around a sphere of interest so they could do business.
We have technology, finally, that for the first time in human history allows people to really maintain rich connections with much larger numbers of people.
Technologists come at a problem from the point of view that the system is working a certain way, and if I engage in that system and actually change the rules of the system, I can make it work a different way.
I have always been of the opinion that the right kind of journalism is a critical part of our democracy.
What I'm really focused on is connecting people around shared interests, so together they can make good stuff happen. I'm more focused on helping people discover their power as individuals, but through those connections with one another.
What makes eBay successful - the real value and the real power at eBay - is the community. It's the buyers and sellers coming together and forming a marketplace.
Ebay's success as a company depends on the success of the community of sellers.
Companies in Silicon Valley invest a lot in understanding their users and what drives user engagement.
As a philanthropist, I try to help people take ownership. Everything I've done is rooted in the notion that every human being is born equally capable. What people lack is equal opportunity.
When you have mass surveillance, it's impossible to meet the intent of the First Amendment because reporters can't talk to sources because sources are afraid to talk.
You can invest in companies, you can help grow companies, you can be a venture capitalist - and be a philanthropist at the same time.