The first sale computer programmer Pierre Omidyar made on his site AuctionWeb was for $14.83 in 1995. Why is that significant? Because Omidyar had sold a broken laser pointer to someone who actually collected broken laser pointers. Knowing that he was on to something, Omidyar let AuctionWeb consume his domain, ebay.com, and the eCommerce world hasn’t been the same since.
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