THE PLUNDER OF EBAY In typical Bain fashion, eBay has been plundered (note the $5 billion carefully transferred over to PayPal while saddling eBay itself with massive DEBT). The big boys have already left with their booty they plundered from eBay, so eBay itself will be allowed to flounder/go under and of course will itself be sold to the highest bidder. PayPal itself- the golden egg, the ultimate escape parachute- will excel and thrive (for a season at least) after its IPO…
This is exactly the way Bain did it with KB Toys.

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