How I Did It: EBay's Founder on Innovating the Business Model of Social Change
Pierre Omidyar was inspired by eBay’s social impact to create a hybrid model for his philanthropic Omidyar Network: a combination of nonprofit and for-profit. In this article, Omidyar gives a personal account of his journey as a philanthropist, which began in September 1998, on the day eBay went public. He discusses his unique approach to philanthropy, Omidyar Network’s innovative structure, and how the organization has evolved over the years in order to achieve massive social impact.
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