Why Andreessen Left EBays Board Ahead of PayPal Spinoff

The video discusses the separation of eBay and PayPal, focusing on innovation and industry evolution. It highlights Marc Andreessen's role and Carl Icahn's criticism regarding fiduciary duties. The discussion extends to the influence of activist investors and the challenges faced by large tech companies in adapting to industry changes.

What was the primary reason for eBay's decision to spin off PayPal?

• To reduce operational costs

• To merge with another company

• To focus on innovation within eBay

• To become more nimble and adaptable

What was Carl Icahn's main concern regarding Marc Andreessen's role on eBay's board?

• Andreessen's investment in competing companies

• Andreessen's breach of fiduciary duty

• Andreessen's influence on PayPal's spin-off

• Andreessen's lack of experience

How much did eBay initially pay for Skype?

• $3.2 billion

• $1.8 billion

• $2.6 billion

• $8.5 billion

Why do activist investors typically become involved with companies?

• Because the companies are cheap

• To increase market competition

• To support management decisions

• Because the companies are expensive

What challenge do large technology conglomerates face according to the transcript?

• Lack of innovation

• High operational costs

• Regulatory issues

• Competition from startups