PayPal had a HUGE month! PayPal said that on Cyber Monday, they saw payments through mobile devices go up 190% when compared to the same day in 2011.
Andreessen Horowitz has hired Chris Dixon as a full-time general partner. Chris Dixon, an employee at eBay, is an outspoken New Yorker and entrepreneur. He will be working out of Andreessen Horowitz’s offices in Menlo Park. Marc Andreessen, co-founder of Andreessen Horowitz, said that he was impressed by Mr. Dixon’s track record as an investor and entrepreneur. Mr. Dixon sold his company SiteAdvisor to McAfee and Hunch to eBay. Mr. Dixon also invested in companies like Kickstarter, Dropbox, GroupMe, and BuzzFeed. Mr. Dixon will remain as an advisor to the companies that he put money into.
EMC has acquired Silver Tail Systems, a security systems startup company, for an undisclosed amount. Silver Tail was started by two former eBay executives, Laura Mather and Mike Eynon. Ms. Mather has tremendous experience in Internet fraud and Mr. Eynon led the anti-fraud efforts at eBay and PayPal.
On eBay, a man from North Dakota sold a gallon of McDonald’s McJordan BBQ sauce for nearly $10,000 according to the New York Daily News. The sauce expired a long time ago, but the guy that bought it must be some kind of collector that does not plan on consuming it.
PayPal has hired actor Jeff Goldblum as the new company spokesperson. PayPal president David Marus is working on trying to reinvent the company and is rumored to be laying off around 400 people. This is the company’s first ever national marketing campaign. The ads will feature online placements in the U.S. and Mr. Goldblum will talk about the advantages of using PayPal. Each clip is around 30 seconds each. You can see the first video below:
eBay has announced an eBay Now application at the Highline Stages in New York. The eBay Now app lets shoppers order items and get them delivered in around an hour. This feature is only available in San Francisco for right now. eBay also announced a new website that focuses on personalization.
This Halloween, kids and adults will be dressing up in all types of costumes. One of the most controversial Halloween costumes is the James Holmes Halloween mask. I’m actually shocked that this costume actually exists. ABC has reported that an eBay seller put up this custom rubber Halloween mask of James Holmes. James Holmes is an individual that killed 12 and wounded 58 people at a midnight screen of “The Dark Knight Rises” film in Aurora, Colorado.