Earlier this week Intercontinental Exchange boss Jeffrey Sprecher reached out to eBay to possibly buy the company, This is the second time in a period of 10 years that ICE (Which also owns the New York Stock Exchange) has reached out for this buyout. It kinda got me to wonder what does mr Sprecher finds so interesting about eBay that makes him pursue it for so long. Well, today we heard a possible reason
https://www.cnbc.com/2020/02/07/ebay-is-more-like-the-nyse-than-amazon-says-intercontinental-exchange-ceo-jeffrey-sprecher.html
He brings about many interesting things with this perspective, some which I never thought about before, and to be honest I think that the fact that he sees eBay as a dominant collectible market aligns well with the state of all markets that exchange there as a whole, including the comic book market.
I doubt that mr Sprecher's vision is shared with eBay though, it seems like they are more interested in competing with Amazon, Ali-Baba and the likes. Furthermore eBay's higher focus is on selling listings to sellers and packaging stores and advertising options to them instead of enhancing the collectible market that holds a high share of their platform.
What are your thoughts?