eBay Spins Out Stubhub - Good Idea or No? Quoted in Silicon Valley Business Journal

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Written By Rick Watson

Yesterday I was featured by Allison Levitsky in the Silicon Valley Business Journal. They finally sold off Stubhub for $4B. All things considered, it’s a good price for the business — including the fact that they wanted to sell it pretty quickly.

eBay is so focused on divesting that it doesn't seem in a hurry to build a real consumer strategy. In the meantime, the brilliant activist investors lost another year of growth on their competition.

In exchange for cash in their pocket, sure, but an "optimized portfolio" is also somewhat a sucker's game. Real innovation is messy. It requires mistakes, shutting down businesses, taking big swings, etc. eBay on the other hand is still rearranging financial deck chairs.

At the very least, they have no competition in this endeavor!!

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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