eBay: left behind by its peers.

1. Left behind by its peers. From 2016 to 2025, its revenue grew 19% in US dollars; the median among 58 large service companies grew 90%. It outgrew only 12% of them.
2. Four decisions on record. Stratrix has verified four of eBay's big decisions, each with what happened next. The hardest year after: "eBay Misplaced the E-Commerce Crown $2.6 Billion at a Time — on an Internet Phone Company", with its shares 51 points behind the S&P 500 over the next three years. The best: "PayPal Paid $20 a Signup to Grow Inside eBay — Until eBay Paid $1.5 Billion to Own It", 86 points ahead of the S&P 500 over the next three years.

Financial results

As reported in its annual filings. Losses in red.

Stratrix Decision Cases

• 2015PayPal Was Set Free From eBay. Two Years Later, eBay Walked.Stood · shares −5 pts vs the S&P 500 over 3 years
• 2014eBay Spun Off PayPal and Got the Smaller Half. By Design.Stood · shares +33 pts vs the S&P 500 over 3 years
• 2005eBay Misplaced the E-Commerce Crown $2.6 Billion at a Time — on an Internet Phone CompanyReversed · shares −51 pts vs the S&P 500 over 3 years
• 2002PayPal Paid $20 a Signup to Grow Inside eBay — Until eBay Paid $1.5 Billion to Own ItStood · shares +86 pts vs the S&P 500 over 3 years