Yesterday I was featured by Allison Levitsky in the Silicon Valley Business Journal. They finally sold off Stubhub for $4B. All things considered, it’s a good price for the business — including the fact that they wanted to sell it pretty quickly.

eBay is so focused on divesting that it doesn't seem in a hurry to build a real consumer strategy. In the meantime, the brilliant activist investors lost another year of growth on their competition.

In exchange for cash in their pocket, sure, but an "optimized portfolio" is also somewhat a sucker's game. Real innovation is messy. It requires mistakes, shutting down businesses, taking big swings, etc. eBay on the other hand is still rearranging financial deck chairs.

At the very least, they have no competition in this endeavor!!