August 2007: AMZN ~$40; EBAY ~$40 …
June 2015 (pre eBay-PayPal split): AMZN ~$430; EBAY ~$66 …
Currently: AMZN ~$662; EBAY ~$28; PYPL ~$37—LOL …

The “spin-off” of PayPal from eBay is a sham; eBay and “PreyPal” remain joined at the hip, and anyone that thinks otherwise is na?ve in the extreme; and, thanks to a continuation of most of the imbecilic policies introduced over the eight years (2007–2015) of the reign by the “Pain from Bain”, John Joseph Donahoe II, the eBay marketplace is continuing on its journey down the toilet. Nevertheless, this cretin and his gang of hand-picked Keystone Kops were, during this same time, still able to pay themselves massive, unearned, “performance” bonuses.

The reality is, PayPal is a clunky, virtually non-regulated, intermediary that rides on the back of the banks’ existing payments systems; worse, the great majority of PayPal’s business still comes from its effectively mandated place on the eBay marketplace, and it follows that—with or without the cretinous Johnny Ho-Ho-Ho sitting at the head of the PayPal boardroom table—”PreyPal” will be following eBay on its journey to the sewage farm; this clunky payments intermediary has little long-term future outside of the atrophying eBay marketplace now that professional online payments offerings from MasterCard (“MasterPass”) and Visa (“Visa Checkout”) are available to any merchant with a credit card merchant account with a real bank …

Pierre Omidyar can now only dream about how much more fabulously wealthier he might have been had he not let the cretinous Johnny Ho loose in the eBay corner office; yet, incomprehensibly, he has now allowed this headless turkey to occupy the seat at the head of the boardroom table at “PreyPal.”—LOL!

eBay is, demonstrably, likely to be (still) the most unscrupulous commercial entity operating on this planet; but, have no fear, eBay is an equal opportunity fraudster—they will knowingly aid and abet the defrauding of both buyers and sellers—as long as there is a financial benefit in such fraud for eBay; and if anyone thinks that “PreyPal” is any more scrupulous, given their utterly unprofessional mediation of transaction disputes, good luck to you …