Tagged: auction block

eBay 0

September 22, 1999: eBay Auction of $10 Million in Marijuana

1999 Рan ebay user (litterally) puts 500 pounds of Marijuana on the auction block. The auction itself hits up to 10 million dollars. eBay finds out and pulls down the auction, but it does say something for the power of illegal drugs over the internet. This Day in Tech History podcast show notes for September 22 Intel launches several Celeron D chips Microsoft opens the San Antonio center Compaq Deskpro 4000N debuts Podcast: Play in new window | DownloadSubscribe! Apple Podcasts | Android | RSS | More

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eBay 0

September 3, 1995: AuctionWeb (eBay) Founded

1995 – The online auction site eBay¬†officially was founded on this day by Pierre Omidyar, but it was known back then as “AuctionWeb“. The first auction was for a broken laser pointer. It was sold for $14.83.Makes me wonder how much that laser pointer would be worth if it went back up on the auction block. The hobby became a business real quick when his server fees increased dramatically. He decided to take AuctionWeb to the next level and hire an employee – Chris Agarpao. Soon, eBay got their first president in 1996 when Jeffrey Skoll took the reins. Since...

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