“The Commerce Revolution.” This was the topic of the Endeavor Entrepreneur Summit session led by John Donahoe, who became President and CEO of eBay in 2008. In 2012, eBay enabled 18% of all global e-commerce.
Donahoe talked about how the landscape for buying products is changing rapidly. “The online and offline distinction in commerce is getting blurred,” he said, so it is especially important for new businesses to learn how to incorporate both and make them work together to better the company.
Another much-tweeted tip for success: “The best leaders learn the fastest,” so you better get going!
During another moment, he gave kudos to several Endeavor Entrepreneur companies (including Buscalibre, Ideame, and Pozitron) for working with eBay on commerce-related projects.