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| beats by dre beats by dre Australia Beats By Dre Australia eBay What a Strange Name for a Billion Dollar Corporation Every single day millions of eBay users log onto their accounts to purchase and sell, and dont have any concept how eBay got its name. They could not genuinely care, either. Like the individual who turns on the Television and just wants it to come on and play their favorite television show, many eBay customers most likely arent curious about the fine points on the company. But it's a fun story and all correct eBay enthusiasts will likely be interested in understanding the history. Just ask some pals what "eBay" stands for and you're most likely going to obtain an answer like "it's maybe an abbreviation for electronics bay or ecommerce bay or some thing like that". But although the "e" could stand for plenty of points, for those who look up various definitions for "bay" there's just no method to stretch any of them so they've anything to accomplish with an internet Beats By Dre auction web site. However if we search way back to 1995, the year eBay was founded, we are able to locate some clues. An explanation you'll likely see on the web, as well as in some books about eBay, says that the auction web page was designed by a young pc programmer named Pierre Omidyar to assist his girlfriend, Pam, improve the size of her collection of PEZ candy dispensers. PEZ, in case 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 solution to enlarge her collection, so Pierre came up with an concept for an online marketplace. Given that he was a computer system programmer, he put together the code which would turn into the core for eBay. Just goes to show you cant usually trust what you read on the internet. In accordance with Adam Cohen in his 2002 book, "The Perfect Shop: Inside eBay" that's not really the way it occurred. The PEZ story, which is widely circulated and believed, was produced by a public relations manager to further the myth surrounding the company and has been spread widely ever since. The genuine story is that Omidyar was simply a smart man, and he wanted to produce an impact with an internet venture. He observed the operation of buyers and sellers in other markets and decided that an auction internet site would be an excellent service to present. Ironically, he had by no means attended a true auction himself. The entire issue started out as a hobby, but the auction site soon was earning adequate cash so that Omidyar could quit his job and perform it full-time. As a pc programmer he did write the original laptop or computer code which made the auction web page function - in one particular weekend. The internet site launched on Labor Day, 1995 and he referred to as it "Auction Web". Fairly descriptive, proper? Effectively, Omidyar had earlier founded a web consulting organization which he named Echo Bay Technologies Group. "Echo Bay" since he just liked the sound of it. There was already a gold mining business who owned EchoBay.com, so Omidyr took the second ideal choice and dropped the "cho" part of "echo" and named his enterprise - you guessed it - eBay. In case you visit www.echobay.com right now, you'll see only 1 easy dark blue webpage with all the words, "EchoBay - What eBay could have been!". The original web site operated as "Auction Web" for two years, then officially became eBay.com in 1997. So there you might have it. Possibly that may provide you with an answer to get a "Trivial Pursuit" question, or perhaps you may perform it into a conversation and impress your friends sometime. Just understand that any time you obtain or sell on eBay, you'll be among the few to understand the true story of how eBay got its name. |