MERGES & ACQUISITIO NS OF
& Y A EB PAYPAL AVERY • VICTORIA • ELENA
• Adoption Assistance Program • Pet Insurance • Complimentary beverages/snacks • Onsite dry-cleaning • Massages • Oil change • Haircut • Auto detailing • Dental cleaning
ARTIFACTS
• Medical, dental and vision insurance from the date of hire • Life insurance • Flexible spending accounts, • Employee Assistance program • Employee Stock Purchase Plan • Charitable Contribution and Gift Matching • Work/Life balance toolkit • Tuition Reimbursement
ESPOUSED VALUES They build virtual communities Want people to come together
ASSUMPTIONS AND BELIEFS Assumptions and beliefs: Buying/selling products for fair prices Community/family feeling
SYMBOLS Friendly family atmosphere “World’s Online Marketplace” “Connecting buyers and seller globally” “Buy it, sell it, love it” “When it’s on your mind, it’s on eBay”
ORGANIZATIONAL STRUCTURE Horizontal Extending lead in payments Delivering a better eBay experience for customers Connecting buyers
POWER STRUCTURES Founder & ChairmanPierre Omidyar CEO- John Donahoe
ROUTINES & RITUALS Flexible environment Always have the latest technologies Friendly/family culture Dramatic, fast-paced
ARTIFACTS
• Quality health insurance • Wellness programs • Options to reduce your taxable income • Counseling • Referral services • Financial security • Dry cleaning pick up/ delivery • Oil changes • Onsite gym • Cafe
ESPOUSED VALUES To keep customers to quickly receive and send money with greater ease Paypal reduced online fraud and leaking of personal information
ASSUMPTIONS AND BELIEFS Enables customers to quickly receive and send money with greater ease Paypal reduced online fraud and leaking of personal information
SYMBOLS “Checkout with PayPalFaster. Safer. Easier”
ORGANIZATIONAL STRUCTURE Hierarchical structure President Chief officers Senior vice presidents Vice president General Council
POWER STRUCTURES David Marcus- President Patrick Dupuis- Chief financial officer James Barrese- Chief technology officer
ROUTINES & RITUALS Generally casual workplace Separation between ranks of staff
Y A B E • Big corporation • Online auction market • Horizontal organizational system
PAYPAL • Dress code: smart casual • Casual workplace • Dynamic culture • Both under tertiary/service (retail) category
• Small corporation • Online payment market • Hierarchical organizational system
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The deal is financially attractive. We are basically trading 8% of our company for the most popular online payment network, which we believe will expand both platforms and increase the value of both companies. - Kevin Pursglove, eBay
• Force to change: Opportunity, desire to increase profitability, customer demand • More profit • CEO change for paypal to Senior VP of Global Payments of eBay • Billpoint a.k.a. eBay payments (eBay’s official payment system) shut down 200,000-4,000 daily auctions • David Marcus (New Paypal CEO)