Here’s an interesting look at the powerhouse that is EBay. The section about the new day traders is particularly interesting:
One product, to be unveiled this week at EBay Live, is earmarked for traders, who may also be big buyers on EBay. The product is called Andale search, or “The Google for EBay,” as Shah puts it. The search product, which is free, lists items based on the last transaction price, not unlike the data you might see watching trading in stocks or commodities. In this way, a buyer can better gauge what to bid.
Ebay has to be one of the best business ideas ever. It was right there – obvious – i should have thought of it.
Rob,
I feel the same way abour eBay. It bugs me even more that I didn’t grab some shares early on. oh well, on to find the next one…