Ebay had faced pressure from carl icahn and others who urged them to split their marketplaces and payment business. With this move, donahoe will leave once it is complete. American express executive dan shulman is c. E. O. Designate of the new palpal company. Is it a good idea . I have been asking various members of the paypal mafia that question. These are the paypal founders who sold the company to ebay in 2002. Here are some of their opinions. There are still a lot of synergies between ebay and paypal. No matter what happens, whether they spin it out or keep it in, there has to be a Firm Commercial agreement. I think that is a priority. Will paypal grow faster if it were not within ebay . Maybe, maybe not. Would it be valued differently by the market or have a better multiple all that stuff . I dont really care. If it spun out and had its own stock, you could motivate the Management Team to do more direct they would be compensated purely on palpays performance. Spinning out is not a
Companies that break the mold. And the future of technology, design, and industry. So far in our quest to find Innovative Companies and people i have gotten to go to chicago and new hampshire. Went into mexico. What were you doing . I was snorkeling around an aqua pod. First of all, what is an aqua pod . I thought fish farms had a bad rep. Some of them do. A lot of them are close to shore. What aqua pods are doing, they are moving it into the open ocean and producing fish in a more sustainable way. The oceans are in trouble. We have to think about improving the conditions of the fish. Growing farms by in the open ocean. The technology is leading the advancement of the technology to make open ocean fish farming sustainable and profitable. I think this is going to open up new territories. This is going to revolutionize agriculture. Went over, we are ready. We are about to see one of our cages being raised. All right, here comes the fish farming system of the future. It looks like it is f
In other words, were there transcending . One by one the beliefs i held earlier to not seem to work so well. Then give you an incident from the war on poverty which i was very much for. I never would have predicted that in 10 years that crime rates would mushroom. That families would start breaking up. In a short compass, looking back on it, with the study group 20 years later, we need to worry about the condition of the elderly. It is so much better. They look what younger, do more things. With the young it is devastating because of the family breakups and not nonformation family. You are talking about issues that remain prominent. You are one of the most prominent catholic laypeople in america. Religion is central to your being and central to your book. I am very enthusiastic. I was not at first. I was handsoff in the beginning. I was a little suspicious of the populist touch until i saw what it was going to do, how serious it was. What he has done is amazing. He has concentrated on
Improvising. As you look at what he has said and done, the russians were amassing support, how will he act . I think there is a risk that he may act impulsively still. That would be extremely dangerous. If he goes into ukraine, ukrainians will resist. They were taken by surprise in crimea. Their military and capital were disrupted. They will resist and the russians will persist. Initially, we do not want to be drawn into it. We will have to be more sympathetic and active. It is still avoidable. At the same time, the russians have to recognize that if that happens, and ukrainians resist, it is a new ballgame. In crimea, it was a pushover. Here they resist and it becomes prolonged. It could last a long time. Defending cities require a lot of patience and tremendous casualties. It will become a little bit like the spanish civil war. The outside the world is divided in supporting different groups. You said that we will be dragged into it. How would you assess the u. S. Response so far . On
You still call me john. You have revered the institution. What reforms would you make . One is the nasty partisanship. It shouldnt be that way. The congress means the coming together. The assemblage of the american people. All of the business has been moved into the office of the speaker. Newt gingrich started that. It gave control over the then congress. They had the control they wanted to run the place they wanted. You would return that . You bet i would. But with the money in politics, the 24 hour news cycle, do you worry that rather than a temporary cycle, this may be a condition for a long time . I am afraid that it is so. I am very much afraid that the congress will never be able to go back. You mentioned the other problems we have. 24hour news cycle. The difficulty in getting the business of the Congress Done under those conditions. And, the tremendous difficulty that we have with the fact that members are no longer oriented towards washington. You have served with 11 president