Sunday, April 18, 2010


has now officially been milked dry by its executives. With such ridiculous fees, sellers no longer have much or any incentive to sell on their site. Somehow somewhere Ebay executives decided it deserves a bigger cut on each transaction. I think they hired too many MBAs.

The cost of posting something online is near-free, I anticipate Ebay will be upset by a startup in the future. The web has now matured to a point where we now have dinosaurs like Ebay, AOL, and Yahoo on the verge of extinction.

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