Did eBay Know Just How Big PayPal Would Be?

Updated

In the following video, Motley Fool analyst Brendan Byrnes sits down with Maynard Webb, former COO of eBay and author of Rebooting Work: Transform How You Work in the Age of Entrepreneurship.

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Brendan Byrnes: And let's talk about when you were at eBay. They purchased PayPal actually, turned out to be an incredible acquisition for them; PayPal now being the primary driver of growth. Did you have that sense when you were at eBay that it was going to be such a success?

Maynard Webb: We love PayPal and we knew it was going to be big. We actually had debates and a lot of jokes over whether this was going to be bigger than eBay at the time but I would just say that we're very pleased with where it's been and better than we had hoped for.

The article Did eBay Know Just How Big PayPal Would Be? originally appeared on Fool.com.

Brendan Byrnes has no position in any stocks mentioned. The Motley Fool recommends eBay. The Motley Fool owns shares of eBay. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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