2002 Innovation Leadership National 
PYMNTS
SEPTEMBER 3, 2019
The site’s best-known innovation to first draw customers in was its auction format — that allowed consumers to bid on items and “win” the ability to purchase them for their bid price. The national craze ended up pushing 6 percent of eBay’s sales on site. billion in 2002. million worth of sales. eBay In The 21st Century .
CB Insights
FEBRUARY 28, 2019
Buffett successfully lobbied the leadership of Coca-Cola — the largest position in Buffett’s portfolio, with his ownership share coming in at 6.2% — to cut back on “excessive” executive compensation plans. When Buffett invests, he is not looking at the innovative potential of the company or, in a vacuum, its growth potential.
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