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Omidyar Network Names Matt Bannick Managing Partner
March 8, 2007, Redwood City, Calif. - Omidyar Network, a mission-based organization established by Pierre and Pam Omidyar, today named Matt Bannick to the position of managing partner, effective April 16, 2007. Bannick, former president of eBay International and general manager of PayPal, will lead Omidyar Network's expansion beyond for-profit and nonprofit investments into public policy and other areas that enhance the organization's reach and impact.
Los Angeles Times
January 21, 2007 - They seemed so young. That's what Peter Hero remembers most about the day, nine years ago, when Pierre Omidyar and Jeff Skoll walked into his office at Community Foundation Silicon Valley with an odd idea to give away a fortune. Omidyar wore jeans and a T-shirt; his thick black hair was tied back in a ponytail. Skoll had on what looked to Hero like a varsity jacket. He couldn't still be in high school, could he? Hero thought they were smart kids, nice kids too, but he'd never heard of their company and he was unsure about its prospects.
Business Week
Taking Tiny Loans To The Next Level
November 27, 2006 - An idea, not a person, was the most powerful force in philanthropy in 2006. President Bill Clinton devoted a big chunk of his annual Clinton Global Initiative to exploring it. The mighty Bill & Melinda Gates Foundation endorsed it. The choice of the 2006 Nobel Peace Prize winner was a tribute to it. It was truly the year of microfinance.
The New York Times
November 13, 2006 - THIS year, as never before, the line between philanthropy and business is blurring. A new generation of philanthropists has stepped forward, for the most part young billionaires who have reaped the benefits of capitalism and believe that it can be applied in the service of charity. They are “philanthropreneurs,” driven to do good and have their profit, too.
Financial Times
Dinner with the FT: Auction man
March 25, 2006 - Pierre Omidyar, the 38-year old founder of the mammoth online auction site, eBay, doesn't do media interviews that often, let alone over dinner. But here he is in Bar Americain, a busy American-style brasserie in midtown Manhattan.
We're sitting between a raw fish bar laden with oysters and clams, and a crowded cocktail bar where an athletic barman is mixing drinks. Black-suited waiters sail by, oblivious to the fact that they've got the world's 35th richest man in their midst. (The latest Forbes rich list says he is worth $10bn.)