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
Give the individual the power to be a producer as well as a consumer.
The revenues came in at $500, and I thought, 'This is pretty good,'
The interesting thing was, I started eBay off as a hobby so it was free of charge.
Advertisers don't want to put their ads next to the investigative story; it's extremely difficult to do that. And very few people today actually read those serious news stories on the Web now.
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.
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.
a little bit of the ponytail about it.
One of the things that I repeat probably every day here is that our success is built on our community's success.
It's a challenge to invest as much as we want,
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.
In the early days of eBay, I articulated for the very first time this belief that people are basically good.
People naturally gravitate towards eBay because it's the largest marketplace. We're the original. We've been around the longest and so far, we've been able to hold our own.
My parents made me believe I could do anything I wanted to do. They were really into empowering me.
You know, what we used to say around here was that it's a different company every three months. And that's really the Internet business. It's so fast moving that three years, it might as well be 30 years in any other industry. So it has been very, wild ride.