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| Discover More Beats By Dre Monster Beats Solo Custom Beats By Dre eBay What a Strange Name to get a Billion Dollar Corporation Every day millions of eBay users log onto their accounts to buy and sell, and dont have any notion how eBay got its name. They may well not seriously care, either. Like the individual who turns on the Television and just desires it to come on and play their preferred television show, lots of eBay users almost certainly arent curious concerning the fine points of your enterprise. But it's a enjoyable story and all correct eBay enthusiasts will be considering realizing the background. Just ask some pals what "eBay" stands for and you're in all probability going to get an answer like "it's possibly an abbreviation for electronics bay or ecommerce bay or some thing like that". But whilst the "e" could stand for lots of things, in case you look up distinctive definitions for "bay" there's just no method to stretch any of them so they have something to complete with a web based Custom Beats By Dre auction website. Nevertheless if we search way back to 1995, the year eBay was founded, we are able to uncover some clues. An explanation you'll in all probability see on the web, as well as in some books about eBay, says that the auction web site was made by a young personal computer programmer named Pierre Omidyar to assist his girlfriend, Pam, boost the size of her collection of PEZ candy dispensers. PEZ, if you are not familiar with them, are little plastic containers with character heads that flip back and push out a piece of candy. Pam supposedly wanted a approach to enlarge her collection, so Pierre came up with an notion for a web-based marketplace. Considering that he was a laptop or computer programmer, he place together the code which would turn out to be the core for eBay. Just goes to show you cant normally trust what you read online. According to Adam Cohen in his 2002 book, "The Perfect Retailer: Inside eBay" that's not genuinely the way it occurred. The PEZ story, that is widely circulated and believed, was designed by a public relations manager to further the myth surrounding the company and has been spread widely ever considering the fact that. The true story is that Omidyar was basically a wise man, and he wanted to create an influence with a web-based venture. He observed the operation of purchasers and sellers in other markets and decided that an auction site will be a fantastic service to offer you. Ironically, he had never attended a real auction himself. The entire thing started out as a hobby, however the auction web site soon was earning enough money to ensure that Omidyar could quit his job and work it full-time. As a pc programmer he did write the original laptop or computer code which created the auction internet site function - in 1 weekend. The web page launched on Labor Day, 1995 and he named it "Auction Web". Fairly descriptive, appropriate? Properly, Omidyar had earlier founded a internet consulting firm which he called Echo Bay Technologies Group. "Echo Bay" since he just liked the sound of it. There was currently a gold mining firm who owned EchoBay.com, so Omidyr took the second most effective solution and dropped the "cho" a part of "echo" and named his organization - you guessed it - eBay. If you visit www.echobay.com today, you'll see only 1 uncomplicated dark blue webpage with all the words, "EchoBay - What eBay could have already been!". The original web page operated as "Auction Web" for 2 years, then officially became eBay.com in 1997. So there you've it. Maybe which will offer you an answer for a "Trivial Pursuit" question, or maybe you'll be able to perform it into a conversation and impress your close friends sometime. Just know that when you buy or sell on eBay, you'll be one of the few to understand the actual story of how eBay got its name. |