When eBay announced that it would be spinning off its payments processor PayPal in June 2015, the market didn't know what to expect. PayPal had grown substantially since eBay first acquired it in 2002, but de-merging the two businesses was never going to be a simple process.
Q1 hedge fund letters, conference, scoops etc
"I think there was rightfully a lot of skepticism that an older Silicon Valley company could turn itself around," president and CEO Dan Schulman told the audience at this year's The Corporate Governance Conference held on June 6th in New York.
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