25 Inspirational Pierre Morad Omidyar Quotes

25 Inspirational Pierre Morad Omidyar Quotes

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Pierre Morad Omidyar is a French-American billionaire entrepreneur, software engineer, and philanthropist. He is the founder of eBay where he served as chairman from 1998 to 2015. He became a billionaire at the age of 31 with eBay’s 1998 initial public offering.

Inspirational Pierre Morad Omidyar Quotes:


1. “When I started eBay, it was a hobby, an experiment to see if people could use the Internet to be empowered through access to an efficient market. I actually wasn’t thinking about it in terms of a social impact. It was really about helping people connect around a sphere of interest so they could do business.” Pierre Morad Omidyar


2. “News organisations that have been around a while have a lot of traditions and ways of doing things that may have served them for many years but perhaps make them less flexible in the digital era. As an entrepreneur, it just makes more sense to start something new.” Pierre Morad Omidyar


3. “What makes eBay successful the real value and the real power at eBay is the community. It’s the buyers and sellers coming together and forming a marketplace.” Pierre Morad Omidyar


4. “Everyone is born equally capable but lacks equal opportunity.” Pierre Morad Omidyar


5. “In February of 1996, about six months after I created eBay, I started receiving a spate of complaints. Everyone was complaining about each other. I felt very much like I was a parent who had to adjudicate the brothers beating each other up.” Pierre Morad Omidyar

6. “My dad was a physician. As a kid, I remember driving around with him on weekends so he could do his rounds at the hospital and talk to patients. We’d spend time in the car talking about what was going on with them, their stories.” Pierre Morad Omidyar


7. “One of the things that I repeat probably every day here is that our success is built on our community’s success.” Pierre Morad Omidyar


8. “People naturally gravitate towards eBay because it’s the largest marketplace. We’re the original. We’ve been around the longest and so far, we’ve been able to hold our own.” Pierre Morad Omidyar


9. “eBay’s business is based on enabling someone to do business with another person, and to do that, they first have to develop some measure of trust, either in the other person or the system.” Pierre Morad Omidyar


10. “I’m a technologist by the origin and by training, but I’m focused on philanthropy.” Pierre Morad Omidyar

11. “If you give people the opportunity to do the right thing, you’ll rarely be disappointed.” Pierre Morad Omidyar


12. “I had always been interested in markets – specifically, the theory that in financial markets, goods will trade at a fair value only when everyone has access to the same information.” Pierre Morad Omidyar


13. “If you can get over this initial distrust that people have of strangers, you can do remarkable things.” Pierre Morad Omidyar


14. “As a philanthropist, I try to help people take ownership. Everything I’ve done is rooted in the notion that every human being is born equally capable. What people lack is equal opportunity.” Pierre Morad Omidyar


15. “Companies in Silicon Valley invest a lot in understanding their users and what drives user engagement.” Pierre Morad Omidyar

16. “We believe that business can be a tool for social good. Microfinance has already shown that enabling the poor to empower themselves economically can be good business.” Pierre Morad Omidyar


17. “Ebay’s success as a company depends on the success of the community of sellers.” Pierre Morad Omidyar


18. “You can invest in companies, you can help grow companies, you can be a venture capitalist – and be a philanthropist at the same time.” Pierre Morad Omidyar


19. “When you have mass surveillance, it’s impossible to meet the intent of the First Amendment because reporters can’t talk to sources because sources are afraid to talk.” Pierre Morad Omidyar


20. “I had the notion that, OK, so now we have all of this wealth, we could buy not only one expensive car, we could buy all of them. As soon as you realize that you could buy all of them, then none of them are particularly interesting or satisfying.” Pierre Morad Omidyar

21. “Long-term sustainable change happens if people discover their own power.” Pierre Morad Omidyar


22. “In terms of my belief that one individual can make a difference that belief comes from my parents.” Pierre Morad Omidyar


23. “I do like to fly under the radar. When I walk around town, the only people I want to recognise me and call me by my name are the folks at Starbucks.” Pierre Morad Omidyar


24. “In 1991, I co-founded my first start-up, Ink Development, which made software for an early tablet computer.” Pierre Morad Omidyar


25. “Microfinance initiatives are very high-touch models. The loan officer meets with local groups of borrowers every week, they share tips and techniques. There’s a lot of training and learning that goes on, which adds to the cost of the model.” Pierre Morad Omidyar

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