Advertisements
One of the most successful internet businesses in history is eBay. Started in 1995, the online auction site has grown to over 187 million users, 1.7 billion listings, facilitated over $100 billion in sales, and earned over $10 billion in revenue in 2020.
Today, prospective buyers can purchase just about anything imaginable, with prices ranging from 1 cent to a $168 million yacht. When it started, however, sales were a bit more modest.
The very first item sold on eBay was purchased by a man named Mark Fraser. He paid $14.83 for a laser pointer.
The laser pointer was broken.
Advertisements