What kind of startups is eBay interested in?
Director of Corporate Strategy, Erik Stuart
To quote Erik from his interview on Vator.tv:
Social shopping is an interesting areas that still has potential that hasn’t been realized yet.
The problem is that I don’t think anything that we’ve seen today is really a magic bullet in terms of being compelling from a user perspective.
However, it’s a space we will continue to keep our eye on because if it is a compelling product and starts to show user traction, hopefully if I’m doing my job I will be looking at it long before it’s on the front page.
Erik is spot on. No one has broken the code in fashion…but it will happen. Erik we have the answer. It’s definitely not Friend-based recommendations. It’s definitely not Black box algorithmic recommendations. The answer is to create a consumer review platform that allows users to sort fashion based on the user’s explicitly identified fashion peers. Keep an eye on us.

