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Givens discusses eBay as the acquisition target, noting its $48B market cap, $4B+ annual EBITDA, and slowing growth. He views eBay as a tool for Cohen's financial engineering rather than giving a direct buy/sell recommendation on eBay itself.
Had an amazing quarter, up a lot. Defended against AI disruption arguments - authentication, escrow, ratings, and network effects make it hard to displace. Chris Patel posted about how you can't vibe code away eBay.
Host cites eBay's Q2 2025 revenue of $2.7 billion, up 6% year-on-year, noting the platform has pivoted successfully into niches like collectibles, vintage items, refurbished tech, and trading cards where loyal buyers prefer eBay over Amazon.