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eBay post-mortem

eBay has completely lost my trust, confirmed by telephone. After eBay demonstrated 3 times in a row to be a platform for scam buyers I decided to leave it for good and remove my account, exasperated by eBay’s support for a buyer who tries to do business outside of eBay, rather than pay for the item.

eBay’s trust should be embedded and enforced by the system, not outside of it. Because then one might as well use craigslist. After a one hour phone call I did manage to get eBay sales commissions invoice reversed for a product that didn’t sell, huray!

What a waste of time and energy. Who wants a shiny previous generation MacBook Pro?


About Georges van Hoegaerden

After my ideas had raised $14M and returned over $100M to investors in Silicon Valley I could not help but detect a systemic flaw in the way we detect, build, fund and support systems of innovation. On an entrepreneurial quest to root-cause I evolved my focus from the economics of innovation to the innovation of economics, and ended up completely rewriting the playbook of economics that must guide us all. I named my invention Renewable Economics™.

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