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Originally Posted by BigChad
Never heard of Peet's either, and your argument is mute, there is no one competing with ebay because it's not possible , if it is show some examples. If yahoo, a well branded name couldn't.. how the fuck is joebobs.com going too? smh
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Not a good example. Yahoo has been mismanaged for over a decade. They can barely put their pants on in the morning.
Trying to be eBay makes no sense. EBay is eBay. Led Zeppelin is Led Zeppelin. Apple is Apple. Create your own identity with your own purpose.
If I were to start any kind of auction site, I would do it in a specific niche and find a way to offer more than a traditional auction site, or I would stick to a specific locale, and grow from there. Trying to be a monster overnight is simply a great way to blow investors money.