Amazon vs eBay - What's the Difference?

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Ebay's market cap when they went public was a couple billion dollars. It would have another run up in 2004 up to 77 billion but after going up and down and buying PayPal and divesting PayPal after all this Do you know where it is today David? I believe it's about 25 billion right 23 billion dollars right about the market cap however many years later. This is 22 years later right around the market cap where benchmark got liquid. Wow Wow, that's so Crazy isn't that wild and right about what is that like 150th of Amazon's market cap something like that. In the long run Amazon ended up beating eBay It makes sense. There is zero misalignment between customer experience

Benchmark Capital. We tell the tale of the legendary equal partnership that accomplished something no other venture firm can claim: twice it has produced the highest returning fund of its cycle, each time with a 100% different GP lineup. If ever there were a playbook for successful generational transfer of a generational-defining venture firm, this is it. We spend 3.5+ hours digging into how the dotcom “eBay eBoys” transformed into the rockstar Fab Four of the Uber, Instagram and Snap mobile gold rush (spoiler: not by a straight line!), and what the future holds for Benchmark’s next GP generation. If you’re a student of the venture game from any angle — founder, GP, LP, etc — this is a story you need to tune in for!

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