eBay Founder Moves Into Micro-Blogging

by Jason Wilk on January 14, 2009

  • Private Equity blogger, Dan Primack has discovered something interesting in an SEC filing names eBay founder Pierre Omidyar as an executive of a new stealth startup called Ginx. The service, which is currently available for invite-only participants is said to be a micro-blog management service that recomends news, images, and other items to users based on their interests.
  • Ginx is alreay being used as a URL shortener on Twitter by a handful of people including Omidyar, similar to Bit.ly and tinyURL. Could the eBay king really be getting back in the game for a venture in an industry that has valuations of pennies compared to his previous ventures and acquisitions? Check out this link, to see a sample of what the service does and see for yourself if this is something worthy of an eBay founder.
  • Hopefully with this venture, the same mistake that eBay made won’t arise. Here’s 10 Reasons Why eBay Died.

[Post to Twitter] 

blog comments powered by Disqus

Previous post: When Times Aren’t As Rough As They Seem

Next post: Lawsuit Against Baidu Nears Court With More Weight Than Ever