Cartoon of the Week – Carl Icahn: Out of eBay, All-in PayPal

A real poker strike was made by the American investor and casino owner, Carl Icahn.
After actively advocating for the separation of PayPal from eBay, and having repeatedly highlighted the serious flaw in the governance of eBay, claiming that eBay’s Executive Director John Donahoe was overlooking major conflicts of interest within the management board, Carl Icahn has finally been victorious, selling his 46.3 million eBay shares to buy the exact same value of shares in PayPal.

He now owns 3.8% of the payment service’s capital. All-in!

After this masterful coup, one may wonder if this move were not actually very well orchestrated by Mr Icahn, as PayPal is worth $45 billion and is indeed growing faster than eBay, valued at $34 billion.

The chips are down!

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Brahim Jaouane

I am a Digital Marketing specialist specialized in SEO at eXo Platform. Passionate about new technologies and Digital Marketing. With 10 years' experience, I support companies in their digital communication strategies and implement the tools necessary for their success. My approach combines the use of different traffic acquisition levers and an optimization of the user experience to convert visitors into customers. After various digital experiences in communication agencies as well as in B2B company, I have a wide range of skills and I am able to manage the digital marketing strategy of small and medium-sized companies.