In order to access private capital, you have to provide competitive return on investment. In order to give competitive returns to investors, you've got to operate on a profitable basis and be thinking of yourself as a business.
Pierre OmidyarI just kind of had this naive approach to - well, gee, you know, why not. Iโll just go ahead and do it.
Pierre OmidyarA lot of people donโt just go ahead and try things. Theyโll have an idea and theyโll say โ theyโll convince themselves or other people will convince them that it canโt be done. You know, one or the other. Actually I think that the first is even more dangerous and more serious. Itโs convincing yourself that it canโt be done.
Pierre Omidyar