On September 24, 1998, Ebay held its IPO at $18 per share, reaching $53 per share in its first day, making founder Pierre Omidyar and president Jeffrey Skoll instant billionaires. Ebay’s first annual report listed the company’s dependence on the continued strength of the Beanie Baby market as a risk factor. Needless to say, Ebay overcame both the Beanie Baby bubble bursting and the dotcom bubble bursting, coming out on the other side as one of the few survivors of the dotcom era.
David Farquhar is a computer security professional, entrepreneur, and author. He has written professionally about computers since 1991, so he was writing about retro computers when they were still new. He has been working in IT professionally since 1994 and has specialized in vulnerability management since 2013. He holds Security+ and CISSP certifications. Today he blogs five times a week, mostly about retro computers and retro gaming covering the time period from 1975 to 2000.
