eBay Inc. EBAY under CEO John Donahoe
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THE HEXAGRAM
HEXAGRAM 12 – P’i – Standstill (Stagnation)
Above CH’IEN THE CREATIVE, HEAVEN
Below K’UN THE RECEPTIVE, EARTH
This hexagram is the opposite of the preceding one. Heaven is above, drawing farther and farther away, while the earth below sinks farther into the depths. The creative powers are not in relation. It is a time of standstill and decline. This hexagram is linked with the seventh month (August-September), when the year has passed its zenith and autumnal decay is setting in.
THE JUDGMENT
STANDSTILL.
Evil people do not further
The perseverance of the superior man.
The great departs the small approaches.
Heaven and earth are out of communion and all things are benumbed. What is above has no relation to what is below, and on earth confusion and disorder prevail. The dark power within, the light power is without. Weakness is within, harshness without. Within are the inferior, and without are the superior. The way of inferior people is in ascent; the way of superior people is on the decline. But the superior people do not allow themselves to be turned from their principles. If the possibility of exerting influence is closed to them, they nevertheless remain faithful to their principles and withdraw into seclusion.
THE IMAGE
Heaven and earth do not unite: The image Of STANDSTILL.
Thus the superior man falls back upon his inner worth In order to escape the difficulties.
He does not permit himself to be honored with revenue.
When, owing to the influence of inferior men, mutual mistrust prevails in public life, fruitful activity is rendered impossible, because the fundaments are wrong. Therefore the superior man knows what he must do under such circumstances; he does not allow himself to be tempted by dazzling offers to take part in public activities. This would only expose him to danger, since he cannot assent to the meanness of the others. He therefore hides his worth and withdraws into seclusion.
THE LINES
Six at the beginning means:
When ribbon grass is pulled up, the sod comes with it.
Each according to his kind.
Perseverance brings good fortune and success.
The text is almost the same as that of the first line of the preceding hexagram, but with a contrary meaning. In the latter a man is drawing another along with him on the road to an official career; here a man is drawing another with him into retirement from public life. This is why the text says here, “Perseverance brings good fortune and success” and not "Undertakings bring good fortune." If it becomes impossible to make our influence count, it is only by retirement that we spare ourselves humiliation. Success in a higher sense can be ours, because we know how to safeguard the value of our personalities.
Six in the third place means:
They bear shame.
Inferior people who have risen to power illegitimately do not feel equal to the responsibility they have taken upon themselves. In their hearts they begin to be ashamed, although at first they do not show it outwardly. This marks a turn for the better.
Nine at the top means:
The standstill comes to an end.
First standstill, then good fortune.
The standstill does not last forever. However, it does not cease of its own accord; the right man is needed to end it. This is the difference between a state of peace and a state of stagnation. Continuous effort is necessary to maintain peace: left to itself it would change into stagnation and disintegration. The time of disintegration, however, does not change back automatically to a condition of peace and prosperity; effort must be put forth in order to end it. This shows the creative attitude that man must take if the world is to be put in order.
THE MOVING HEXAGRAM
HEXAGRAM 49 – Ko – Revolution (Molting)
Above TUI THE JOYOUS, LAKE
Below LI THE CLINGING, FIRE
The Chinese character for this hexagram means in its original sense an animal’s pelt, which is changed in the course of the year by molting. From this the word is carried over to apply to the "molting" in political life, the great revolutions connected with changes of governments. The two trigram making up the hexagram are the same two that appear in K’uei, OPPOSITION (38), that is, the two younger daughters, Li and Tui. But while there the elder of the two daughters is above, and what results is essentially only an opposition of tendencies, here the younger daughter is above. The influences are in actual conflict, and the forces combat each other like fire and water (lake), each trying to destroy the other. Hence the idea of revolution.
THE JUDGMENT
REVOLUTION
On your own day
You are believed.
Supreme success,
Furthering through perseverance.
Remorse disappears.
Political revolutions are extremely grave matters. They should be undertaken only under stress of direst necessity, when there is no way out. Not everyone is called to this task, but only the man who has the confidence of the people, and even he only when the time is ripe. He must then proceed in the right way, so that he gladdens the people and, by enlightening them, prevents excesses. Furthermore, he must be quite free of selfish aims and must really relieve the need of the people. Only then does he have nothing to regret.
Times change, and with them their demands. Thus the seasons change in the course of the year. In the world cycle also there are spring and autumn in the life of peoples and nations, and these call for social transformations.
THE IMAGE
Fire in the lake: the image of REVOLUTION.
Thus the superior man
Sets the calendar in order
And makes the seasons clear.
Fire below and the lake above combat and destroy each other. So too in the course of the year a combat takes place between the forces of light and the forces of darkness, eventuating in the revolution of the seasons. Man masters these changes in nature by noting their regularity and marking off the passage of time accordingly. In this way order and clarity appear in the apparently chaotic changes of the seasons, and man is able to adjust himself in advance to the demands of the different times.
eBay Inc.
2145 Hamilton Avenue
San Jose, CA 95125
United States – Map
Phone: 408-376-7400
Fax: 408-516-8811
Website: http://www.ebay.com
Details
Index Membership: AMEX Internet
Sector: Services
Industry: Catalog & Mail Order Houses
Full Time Employees: 17,700
John Donahoe President and Chief Executive Officer, eBay Inc.
Business Summary
eBay Inc. and its subsidiaries provide online marketplaces for the sale of goods and services, online payments services, and online communication offerings to individuals and businesses in the United States and internationally. It operates in two segments, Marketplaces and Payments. The Marketplaces segment provides online commerce platforms that enable buyers and sellers to interact and trade with one another. It enables online commerce through various platforms, including the traditional eBay.com platform and other online platforms, such as Den Bla Avis, BilBasen, eBay Anuncios, eBay Kleinanzeigen, eBay Annunci, Gumtree, Kijiji, LoQUo, Marktplaats.nl, and mobile.de, as well as StubHub, Half.com, Rent.com, and Shopping.com. This segment also provides various services, including feedback forum, safe harbor program, verified rights owner program, loyalty programs, customer support, and tools and services. The Payments segment offers PayPal, a payments platform that enables individuals or businesses with an email address to send and receive payments online. Its services include joining the network, verification of its PayPals account holders, withdrawing money, and trust and safety programs, including PayPals seller protection and buyer protection programs. This segment also provides Bill Me Later, a payment solution, which offers transactional credit at the point of sale for the U.S. online consumers. The company was founded in 1995 and is headquartered in San Jose, California.
