I mean they make a good point -- ebay isn't a serious company anymore. It really needs someone with a vision to rebuild it. That its limping along and executives are essentially bleeding a previously valuable internet asset dry is kind of sad.
> ebay isn't a serious company
As opposed to GameStop, which is a literal meme?
The sad part is the offer primarily focussed on how eBay can cut costs when a lot of that spending is probably accretive.
eBay’s biggest issue is their declining online shopping marketshare. They’ve gone from owning nearly the entire market to just losing it.
They can't rebuild it. Facebook Marketplace is allowing people to buy and sell locally for free with systems for managing fraud that are more robust than Craigslist. How do you rebuild when a way larger company - with a side project of theirs - offers one of your core businesses for free?