Soon after graduating, he met Pierre Omidyar, who had decided that the emerging World Wide Web needed an auction house. “My initial reaction, with my Stanford diploma in hand, was: ‘Pierre, that's a really dumb idea. That'll never work,'” he admits.
But within months, he and Mr. Omidyar decided to leave their jobs and turn the “dumb idea” into a business. Two years after that, eBay went public.
“I was living in a house with five guys, eating their leftovers when they weren't watching. ... I went from that to having $1-billion-plus on paper.”
Meet the Canadian billionaire who is giving it all away
But within months, he and Mr. Omidyar decided to leave their jobs and turn the “dumb idea” into a business. Two years after that, eBay went public.
“I was living in a house with five guys, eating their leftovers when they weren't watching. ... I went from that to having $1-billion-plus on paper.”
Meet the Canadian billionaire who is giving it all away
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