At the time of its acquisition by eBay, PayPal represented an earlier-stage business model than its acquirer. But, things sure changed after the spinoff. Because secure online and mobile payment systems surged. And PayPal dominated with small sellers.
This episode is also available as a multimedia blog post: https://evansonmarketing.com/2021/02/25/after-decoupling-paypal-outperforms-ebay/
