Pierre Omidyar
Pierre Omidyar
Pierre Morad Omidyaris a French-born Iranian-American entrepreneur and philanthropist. He is the founder of the eBay auction site where he served as Chairman from 1998 to 2015. He became a billionaire at the age of 31 with eBay's 1998 initial public offering. Omidyar and his wife Pamela are well-known philanthropists who founded Omidyar Network in 2004 in order to expand their efforts beyond nonprofits to include for-profits and public policy...
NationalityFrench
ProfessionEntrepreneur
Date of Birth21 June 1967
CityParis, France
CountryFrance
I had always been interested in markets - specifically, the theory that in financial markets, goods will trade at a fair value only when everyone has access to the same information.
If you give people the opportunity to do the right thing, you'll rarely be disappointed.
Microfinance initiatives are very high-touch models. The loan officer meets with local groups of borrowers every week, they share tips and techniques. There's a lot of training and learning that goes on, which adds to the cost of the model.
A lot of people don't just go ahead and try things.
I do like to fly under the radar. When I walk around town, the only people I want to recognise me and call me by my name are the folks at Starbucks.
In terms of my belief that one individual can make a difference - that belief comes from my parents.
You can invest in companies, you can help grow companies, you can be a venture capitalist - and be a philanthropist at the same time.
When you have mass surveillance, it's impossible to meet the intent of the First Amendment because reporters can't talk to sources because sources are afraid to talk.
As a philanthropist, I try to help people take ownership. Everything I've done is rooted in the notion that every human being is born equally capable. What people lack is equal opportunity.
Companies in Silicon Valley invest a lot in understanding their users and what drives user engagement.
Ebay's success as a company depends on the success of the community of sellers.
What makes eBay successful - the real value and the real power at eBay - is the community. It's the buyers and sellers coming together and forming a marketplace.
What I'm really focused on is connecting people around shared interests, so together they can make good stuff happen. I'm more focused on helping people discover their power as individuals, but through those connections with one another.
I have always been of the opinion that the right kind of journalism is a critical part of our democracy.