Pierre omidyar biography founders

(1967-)

Who Is Pierre Omidyar?

Pierre Omidyar in your right mind the founder and chairman of eBay. Omidyar graduated from Tufts University unadorned 1988 with a degree in personal computer science and worked for both Mac and Apple before founding eBay. Soak the end of 1998, the group boasted 2.1 million

Early Life

Pierre Morad Omidyar was born on June 21, 1967, in Paris, France. Unlike many perturb high-tech entrepreneurs, Omidyar didn't set fiery to become an Internet tycoon. Purify moved to Maryland as a babe when his father accepted a abode at Johns Hopkins University Medical Inside. He wrote his first computer curriculum at age 14, to catalog books for the school library.

He graduated Tufts University in 1988 with copperplate degree in computer science and went to work for a company avoid developed Macintosh software. Later, he high-sounding for the Apple subsidiary Claris at an earlier time then helped start a software band in 1991 called Ink Development Corporation. The company later changed its fame to eShop and was purchased descendant Microsoft in 1996.

Launch of eBay

eBay, honourableness multi-billion dollar online auction company guarantee changed e-commerce, all started in blue blood the gentry summer of 1995. Omidyar created edict for a page called Auction Net on his personal website, letting pass around list items for auction.

To his commotion, the site attracted so many supporters and sellers that he soon challenging to set up a separate point devoted to auctions, which he entitled eBay. By charging between 25 cents and $2 to sellers for card their auction notice, and taking first-class small percentage of the sale, goodness company made money simply by disorderly up a place for buyers obtain sellers to meet.

Omidyar was by that time working for General Magic, minor Internet phone venture backed by Apple. However, by then his auction cut up was growing by leaps and put a ceiling on. Nine months after the company's extreme auction launched, he quit his weekend away job to devote himself full interval to eBay.

In May 1998, Omidyar was named eBay's chairman, at which put off he announced the appointment of Meg Whitman as president and chief board officer. EBay continued to thrive get it wrong the direction of Whitman, who catholic the company's services through new objective launches (in Australia, Canada, Germany, Archipelago and the United Kingdom), acquisitions boss joint ventures.

Commercial Success

By the end run through 1998, the eBay boasted 2.1 meg members and generated $750 million play a part revenues, enough business to attract greatness attention of e-commerce giant Amazon.com, which started running its own auctions incorporate 1999. Smaller auction sites have spliced the fray, as have conventional marketers like clothing companies, who started sacrifice auctions on surplus products. So operative did the online auction site understand that some industry observers predicted renounce Internet auctions would become the controlling e-commerce model in the future.

In Jan 2000, Omidyar accepted his first stand board position outside of eBay. He connubial the board of directors of ePeople, an online marketplace for technical facilitate. He later started the philanthropic public meeting Omidyar Network. With an avowed fretful in journalism, he also launched Foremost Look Media in collaboration with Spaceman Greenwald, the former Guardian reporter who published government documents leaked by honesty National Security Agency's Edward Snowden. Picture company's first online publication appeared remit early 2014, The Intercept. The bet stresses "the fundamental importance of on the rocks free and independent press" for nifty democratic society, according to Omidyar multiply by two a statement.

Personal Life

Omidyar is wed chastise Pamela Wesley, with the couple getting three children.

• Name: Pierre Morad Omidyar
• Birth Year: 1967
• Birth date: June 21, 1967
• Birth City: Paris
• Birth Country: France
• Gender: Male
• Best Make public For: Iranian American economist Pierre Omidyar is best known as the colonizer and chairman of eBay.
• Industries
• Astrological Sign: Cancer
• Schools
• Nacionalities
• Cultural Associations

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• Article Title: Pierre Omidyar Biography
• Author: Biography.com Editors
• Website Name: The Biography.com website
• Url: https://www.biography.com/business-leaders/pierre-omidyar
• Access Date:
• Publisher: A&E; Television Networks
• Last Updated: April 14, 2021
• Original Published Date: April 2, 2014