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The pace at eBay was frantic and urgent. We knew that if we didn't move fast, somebody would come into the market and quash us. Participant doesn't make a lot of sense from a financial investment perspective, so it's unlikely that other people will be approaching the business in the same way. So you see less urgency; you see a thoroughness and willingness to spend extra time to get things right. Which I think is really important.

"The Indie Movie Mogul". Interview with Michael S. Malone, www.wired.com. February 1, 2006.
The pace at eBay was frantic and urgent. We knew that if we didn't move fast, somebody would come into the market and quash us. Participant doesn't make a lot of sense from a financial investment perspective, so it's