Business Quote by Jeffrey Skoll
“The pace at eBay was frantic and urgent. We knew that if we didn't move fast, somebody would come into the market and quash us. Participant doesn't make a lot of sense from a financial investment perspective, so it's unlikely that other people will be approaching the business in the same way. So you see less urgency; you see a thoroughness and willingness to spend extra time to get things right. Which I think is really important.”
About This Quote
Source Interview: Public speaking at eBay, 2005
Fast-paced markets demand quick action, but thoughtful deliberation can be more valuable than speed alone.
In simple terms: Speed vs. careful planning
Balance urgency with thoroughness.
Themes
Mood
Type
When to use this quote
- startup growth
- product development
- competitive strategy
Key Concepts
Questions to Reflect On
- How can teams maintain speed without sacrificing quality?
- When is it better to pause and reflect?
Rushing can lead to mistakes and missed opportunities.