Remove 2002 Remove Finance Remove Market Penetration Remove Technology
article thumbnail

6 Reasons Platforms Fail

Harvard Business Review

For years Apple’s market penetration hung in the single digits. Conceding defeat in 2002, eBay bought PayPal for $1.4 Before the iPhone launched in 2007, HP dominated the handheld calculator space for science and finance. As a result, PayPal rapidly surpassed Billpoint as the payment system of choice on eBay.