eBay buys Goldin

[Peter_Spaeth]

Originally Posted by Lorewalker

And I know my favorite post on this thread will always be "hence I predicted it when seemingly no one else did" from Net54's Miss Cleo.

I thought Travis just reported a rumor. Not the same as predicting anything.

[Lorewalker]

Originally Posted by Peter_Spaeth

I thought Travis just reported a rumor. Not the same as predicting anything.

Depends which post you are referring to. The one I am referring to and absolutely the best post he has ever made here, was his saying that he knows how eBay operates and where their interests lie, when referring to the rumor.

All I know is that he is an expert in every industry and every field or at least he thinks he is. He knows the law better than certainly any lawyer who posts here. He knew before SA Brosokas knew, that PWCC case would be shelved, he is apparently a prostate cancer specialist, he is an autograph authentication expert with a specialty in Shoeless Joe Jackson autos, he is a world class card grader and card doctor (not his admission but by his not disputing it), he knows more about eBay than the top paid execs and at any time knows the finances and business dealings of PWCC, eBay and Collectors (maybe just the PSA division) and he can profile your personality without knowing you, never having met you and simply seeing images of you on TV.

[cgjackson222]

Originally Posted by Lorewalker

Depends which post you are referring to. The one I am referring to and absolutely the best post he has ever made here, was his saying that he knows how eBay operates and where their interests lie, when referring to the rumor.

All I know is that he is an expert in every industry and every field or at least he thinks he is. He knows the law better than certainly any lawyer who posts here. He knew before SA Brosokas knew, that PWCC case would be shelved, he is apparently a prostate cancer specialist, he is an autograph authentication expert with a specialty in Shoeless Joe Jackson autos, he is a world class card grader and card doctor (not his admission but by his not disputing it), he knows more about eBay than the top paid execs and at any time knows the finances and business dealings of PWCC, eBay and Collectors (maybe just the PSA division) and he can profile your personality without knowing you, never having met you and simply seeing images of you on TV.

I sense a tad bit of envy underneath your sarcasm.

[Lorewalker]

Originally Posted by cgjackson222

I sense a tad bit of envy underneath your sarcasm.

Oh shucks! Was it THAT obvious?

[Vintagecatcher]

Why would I not be surprised that somewhere soon down the road that it becomes a requirement in order to list a sports or non-sports card on eBay that it must be graded by PSA or SGC....


Patrick

[raulus]

Originally Posted by Vintagecatcher

Why would I not be surprised that somewhere soon down the road that it becomes a requirement in order to list a sports or non-sports card on eBay that it must be graded by PSA or SGC....


Patrick

With any luck, their narrow definition of "card" will exclude most of what we collect.

[Snowman]

Originally Posted by Vintagecatcher

Why would I not be surprised that somewhere soon down the road that it becomes a requirement in order to list a sports or non-sports card on eBay that it must be graded by PSA or SGC....


Patrick

Would this not result in a lawsuit that ebay would surely lose? As I've stated many times, I don't know s#!t about the law, but I suspect this wouldn't be a wise decision on their part?

[Peter_Spaeth]

Originally Posted by Snowman

Would this not result in a lawsuit that ebay would surely lose? As I've stated many times, I don't know s#!t about the law, but I suspect this wouldn't be a wise decision on their part?

The legality of "tying" arrangements (very broadly speaking, if you want A, you must also buy B) and similar "restraints of trade" typically depends on how one defines the relevant market and what the defendant's market share is. Here, I would think ebay has a large share however you plausibly define the relevant market -- if I'm looking to self-list a card, where else do I go? I suppose one could argue there are lots of venues to sell if you count consigning as an option, but even taking them all into account I would think ebay's share is quite substantial.

[Snowman]

Originally Posted by Peter_Spaeth

I thought Travis just reported a rumor. Not the same as predicting anything.

The rumor was that PSA and Goldin weren't getting along and that Collectors was looking to offload Goldin. The only thing I predicted was that ebay would be the buyer. I don't know of anyone else that was also predicting it would be ebay, though surely I couldn't have been alone on that prediction. But I was certainly laughed at for voicing it at the time.

[Lorewalker]

Originally Posted by Snowman

The rumor was that PSA and Goldin weren't getting along and that Collectors was looking to offload Goldin. The only thing I predicted was that ebay would be the buyer. I don't know of anyone else that was also predicting it would be ebay, though surely I couldn't have been alone on that prediction. But I was certainly laughed at for voicing it at the time.

Not sure when you got the vision which permitted you to predict such a far fetched thing but I spoke with someone yesterday, who is a pretty big deal in the hobby (who is not a party to the partnership), and they had known about it for several months. Maybe they knew about it from you!