eBay—John Donahoe: “Capitalize on our strengths and seize the opportunities before us”

Too funny ...

Notwithstanding that the eBay Dept of Spin has previously claimed a “400% increase” in eBay’s stock price from its ~$10 low during the 2008–2012 global recession, the fact is, in August 2007, immediately prior to the beginning of the GFC, when the "Pain From Bain"—John Joseph Donahoe II (aka Johnny Ho)—now into the eighth year of his planned “three-year turnaround” of eBay, was already effectively in control of eBay, the share prices of both eBay and Amazon were ~$40. With eBay recently less than $50 and Amazon greater than $300, clearly, the “smart money” on Wall Street recognises eBay Inc. to be a "dog", and Johnny Ho to be a very poor dog handler.

Relatively speaking, eBay’s “long” stockholders have been going backwards ever since the arrogant, cretinous, narcissistic, sociopathic Johnny Ho took the helm. Not one penny in cash dividends in compensation for the effective lack of any capital gain for stockholders; Johnny Ho and his personally-selected gang of fellow keystone kops are the only ones that have taken any cash out of eBay, in the form of performance bonus shares—If only there had been any performance …

Had Pierre Omidyar in August 2007—before he allowed the control of eBay to pass to the destructive Johnny Ho—traded in the ~108 million eBay shares that he still holds today for shares in Amazon, instead of his current ~$6 billion, his worth would now have been ~$32 billion! Now that, surely, is something for all of eBay's long-suffering shareholders, and its shills, to think about, is it not? ...

You need any more proof of Johnny Ho’s capacity for destruction? Well, you could start by following any article about eBay or PayPal on the internet that not only has a comments facility but actually allows un-moderated reader comments; for example, the http://www.theguardian.com or http://www.telegraph.co.uk/ websites—always a great many reader comments, now almost invariably ~100% negative …

Need still more? What about from the mouth of the cretinous shyster himself? See if you have the stamina to peruse the whole of the transcript of his September 2007, Legg Mason “Thought Leader Forum” presentation. “A Mentoring Day With John” prizes are on offer for the first ten readers that can find the stamina to actually complete this grueling task—without their heads exploding—LOL. … http://bit.ly/16McqO1

Still even more you need? Try perusing eBay’s Q3 2014 Results–Earnings Call Transcript (15 Oct 2014) at
http://seekingalpha.com/article/2565305-ebays-ebay-ceo-john-donahoe-on-q3-2014-results-earnings-call-transcript?part=single
For those of you that promptly find they don’t have the stomach for the whole transcript, Ina Steiner has filtered out therefrom a bunch of utterly inane statements by Johnny Ho at
http://www.ecommercebytes.com/C/blog/blog.pl?/comments///1414010502.html

Still, Carl Icahn certainly got one thing right, John Donahoe is an inexcusable incompetent …

“Never ever hire an MBA; they will ruin your company.”—PayPal founder, Peter Thiel
And what better example of that can there be than the damage done to eBay by the cretinous Johnny Ho …

The eBay executive suite—where the incompetent mingle with the disingenuous, the malevolent and the outright criminal, and the just plain stupid ... http://bit.ly/11F2eas