Zero to One: Notes on Startups, or How to Build the Future · chapter 3 · id zero-to-one-c3-09-paypal-dominated-the-ebay-paym

“PayPal dominated the eBay payments market: by December 2001, 71% of eBay auctions accepted PayPal versus only 25% for eBay's own Billpoint service. eBay eventually acquired PayPal for $1.5 billion.”

holdsconfidence: high⚠ extracted by pipeline, re-audit pending

Receipts

PayPal SEC 10-K Filing (2001-2002)paywalled — manual check queued

PayPal's SEC filings show 71% of eBay auctions accepted PayPal by December 2001, compared to approximately 25% for eBay's Billpoint. PayPal processed $3.4 billion in payments in Q4 2001.

CNET -- eBay Picks Up PayPal for $1.5 Billion (July 2002)source alive

eBay agreed to acquire PayPal for $1.5 billion in stock, announced July 2002. The deal closed October 2002.

This claim is a stable, citable object. If you can falsify a verdict, tell us — corrections are loud here.