Hello, Today in business studies im talking about a Male guy named Sam Morgan. Personally, I know absolutely nothing about him but well im going to research and do this blog on him. Q means question also and A means to answer, for example, Q1, What is this? A1, This is my blog on Sam Morgan. now to start,
Q1, Where did sam get his interest in selling from?
A1, He got it from Trade me and other websites when he saw people selling and buying.
Q2, What did Trade me look like back in the day,
A2, The Old Logo Looks more realistic and that the old site was more pixilated and curvey.
Q3, How did Sam morgan turn to Trade me into a million-dollar site?
A3, "Sunday, March 5, 2006, was a busy night at Trade Me. The leadership team – Sam Morgan, Jon Macdonald, Jessi Morgan, Rowan Simpson and myself – had the job of calling all 50 staff members and telling them that Trade Me was about to be sold to Fairfax Media.
The next morning Fairfax staged a press conference at the Park Royal Hotel. Morgan and Fairfax chief executive David Kirk sat on a stage beside Fairfax New Zealand boss Joan Withers. Macdonald and I crept into the back row as press packs were passed out.
In front of me was Bernard Hickey, the former business bureau head of Fairfax New Zealand. He scooped up the pack, ran his practised eye across the media release and did a double-take. Then he leaned across to me and said: "Hey MOD, I think there's a typo here. It says Fairfax has paid $750 million for Trade Me. Don't you mean $75m?".
Hickey's response, one of astonishment that this online garage sale had been snapped up for $750m, was typical of the time. The Warehouse's Stephen Tindall reportedly went into a funk for days and many commentators said Fairfax was mad." (stuff.co.nz information with major changes.)
