The Real eBay Magic: Irrational Commerce

It’s been quite a while since my last eBay-related post, and nine months since my high traffic post, A Eulogy for eBay Express.  However, this past week Keith Rabois wrote a fairly inflammatory article for TechCrunch that I thought was worth discussing.  Keith is currently an executive at Slide, and was formerly a founder at [...]

If Only I Could Use eBay to Short Sell Coins…

Caught this article yesterday on the new 2009 Lincoln pennies:
2009 Lincoln Penny Mania
A quick review of recently completed eBay auctions shows unmarked rolls selling for $30 to $50 each. Single pennies have sold for $2 to $4 each. Rolls with a Lincoln postage stamp and cancellation from the first day of issue at Hogdenville, Kentucky [...]

Scot Wingo & Seeking Alpha: Traffic Drivers

It’s still fascinating to me how many insights I gain from the traffic to my own personal blog.
Today, I checked my stats briefly and noticed something really strange: my post about eBay Express, A Eulogy for eBay Express, had jumped with a vengence to the number one post on the blog.  My overall traffic spiked [...]

US Patent 7,490,056 Has Been Granted

Interesting milestone this week.  My very first patent granted.
USPTO: Patent #7,490,056

Filed: November, 2004
Granted: February 10, 2009

Ironically, I wouldn’t have known about it except for a promotion catalog I got in the mail today with a list of plaques I could buy to commemorate this patent from some souvenir company in Florida.  Yes, I know.  Weird.
This [...]

Would You Ship a Broken iPhone to Réunion?

My brother dropped his iPhone in the Pacific Ocean.  An original, $399 iPhone.
Needless to say, saltwater does not do good things to an iPhone.  It doesn’t boot anymore.   No recourse with Apple or AT&T.  He had to get a new phone.
As a result, I ended up with my own variant of Pierre Omidyar’s famous broken [...]

Memories: The Leonard Speiser Mask & GoldenPalace.com

A couple weeks ago, there was a great reunion party for many eBay Product Managers & User Experience Designers from the past decade.  I didn’t get an exact count, but at least 70 people were there, including many of the early Product Managers from before I joined the company in 2003.
I was happily reminded of [...]

Two More First Spouse Coins for Sale

As I wrote last week, I’m saying goodbye to my First Spouse coins.  I’m moving through the series step by step.
The first coin sold for about 10% over the original purchase price last year.  Since that’s roughly the cost of eBay & PayPal fees, let’s just say that owning the coin did no damage financially.
This [...]

Goodbye, First Spouse Gold Coins. I’m Over You.

Just posted the first of my First Spouse gold coins on eBay
2007 First Spouse Proof Martha Washington Gold Coin
For those of you reading my blog for a long time, you know a couple things about my history with this series:

I managed to get one of the first coins, even though they sold out within hours
I [...]

PayPal Micropayments: A Step in the Right Direction

Paypal quietly launched it’s PayPal Micropayments service level this week, and it’s definitely a step in the right direction.  It’s a service that has been in testing and research for quite some time, but it’s nice to see it finally launched publicly.
Here is the new PayPal Micropayments site, which explains the terms.
For those of you [...]

Marc Andreessen Joins eBay Board of Directors

This is literally yesterday’s news, but was worth a mention here.  From the eBay Ink blog:

Marc Andreessen has joined eBay’s board of directors, effective immediately.
Andreessen is most noted for co-founding Opsware and Netscape, and served as AOL’s CTO immediately following its acquisition of Netscape. His current venture is Ning, a new consumer Internet company founded [...]

Welcome to World of Good

Seema may be a pretty miserable blogger, but she’s a great product manager.  And her site just went live last week.

Congratulations to the team, and welcome worldofgood.com.
World of Good is an attempt to produce the first, global-scale marketplace for socially beneficial goods.   Yes, when you shop the site you will see badges for:

Eco-Friendly
People Positive
Animal Friendly
Supports [...]

Goodbye, Bid-O-Matic

A few weeks ago, I wrote a Eulogy to eBay Express here on this blog, and it rapidly became one of my most popular posts ever.  (Of course, nothing quite competes with the Battlestar Galactica posts, but I digress…)
Last week, eBay quietly announced the death of Bid Assistant, a product concept that I remember fondly [...]

A Eulogy for eBay Express

If you follow eBay closely, you may have heard the news already. If not, I’m sure you’ll be reading more about the big eBay announcements over the next few days.
AuctionBytes has coverage, as does Business Week, but I actually think Randy Smythe has the best summary I’ve seen to date.
There are a huge number [...]

Ask Not For Whom the IRS Bell Tolls, It Tolls for eBay…

… wow, not sure how I missed this.
Found this today on the eBay Ink blog.  Points to a WSJ piece from last week that explains how the new housing bill includes provisions that require payment providers to report accounts with over $10,000 in transactions to the IRS.  Hello, PayPal.  Hello, eBay sellers.

The new reporting requirement [...]

Pssst… Wanna Buy a PowerMac G5?

For sale this week on eBay:
A PowerMac G5 2×2.5Ghz with w/2.5GB RAM
All tricked out, with original packaging materials.  Only one problem…
… it doesn’t boot.
See below for the listing text, and feel free to bid on eBay:
Apple PowerMac G5 Dual-2.5Ghz Liquid Cooled Workstation
2.5GB RAM – No Hard Drive – ATI Radeon 9600XT – Airport Extreme – [...]