EBay's Market Cap Over the Years

1min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

eBay's market cap has had a rollercoaster journey. It started at a couple of billion dollars, went up to 25 billion, dropped to 7 billion during the dot-com crash, reached 77 billion in 2004, and now sits at around 23 billion. Despite going up and down, buying and divesting PayPal, eBay's market cap is still only around 150th of Amazon's. It's surprising that Amazon ultimately surpassed eBay, but it's a testament to the long-term alignment between customer experience and shareholder value.

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!

If you want more Acquired, you can follow our public LP Show feed here in the podcast player of your choice (including Spotify!).

Sponsors:
Statsig: https://bit.ly/acquiredstatsig24
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe

Links:

Carve Outs:

‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.