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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

As a Silicon Valley entrepreneur having raised $14M in venture capital and having returned over $100M to investors I noticed a systemic flaw in the way we build systems. And so I gradually evolved my focus from the economics of innovation to the innovation of economics. I completely re-wrote the playbook of economics to serve us all and named it Renewable Economics™.

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