SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No._______)*
eBay Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
278642103
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 1998
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following pages)
Page 1 of 16
Exhibit Index on Page 14
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CUSIP NO. 483600102 13 G Page 2 of 16 Pages
- ---------------------------------------------------------- --------------------------------------
- ------------ ---------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Benchmark Capital Partners, L.P. ("BCP")
Tax ID Number:
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------ -------- ------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 7,713,729 shares, of which 3,684,972 are directly owned by BCP,
SHARES 2,014,378.5 are directly owned by Pierre M. Omidyar ("Omidyar") and are
BENEFICIALLY subject to a call option granted by Omidyar to BCP and 2,014,378.5 are
OWNED BY EACH REPORTING directly owned by Jeffrey S. Skoll ("Skoll") and are subject to a call
PERSON option granted by Skoll to BCP. BCMC, the general partner of BCP, may be
WITH deemed to have sole power to vote these shares, and David M. Beirne
("Beirne"), Bruce W. Dunlevie ("Dunlevie"), Kevin R. Harvey
("Harvey"), Robert C. Kagle ("Kagle") and Andrew S. Rachleff
("Rachleff"), the members of BCMC, may be deemed to have shared power
to vote these shares.
-------- ------------------------------------------------------------------------
6 SHARED VOTING POWER
See response to row 5.
-------- ------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
7,713,729 shares, of which 3,684,972 are directly owned by BCP,
2,014,378.5 are directly owned by Omidyar and are subject to a call
option granted by Omidyar to BCP and 2,014,378.5 are directly owned by
Skoll and are subject to a call option granted by Skoll to BCP. BCMC,
the general partner of BCP, may be deemed to have sole power to dispose
of these shares, and Beirne, Dunlevie, Harvey, Kagle and Rachleff, the
members of BCMC, may be deemed to have shared power to dispose of these
shares.
-------- ------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
See response to row 7.
- ------------------------------------ -------- ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 7,713,729
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.15%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OR REPORTING PERSON* PN
- ------------ ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S>
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CUSIP NO. 483600102 13 G Page 3 of 16 Pages
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<S> <C>
1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Benchmark Founders' Fund, L.P. ("BFF")
Tax ID Number:
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------ -------- ------------------------------------------------------------------------
5 SOLE VOTING POWER
1,078,107 shares, of which 515,028 are directly owned by BFF, 281,539.5
NUMBER OF are directly owned by Pierre M. Omidyar ("Omidyar") and are subject to a
SHARES call option granted by Omidyar to BFF and 281,539.5 are owned directly
BENEFICIALLY by Jeffrey S. Skoll ("Skoll") and are subject to a call option granted
OWNED BY EACH REPORTING by Skoll to BFF. BCMC, the general partner of BFF, may be deemed to have
PERSON sole power to vote these shares, and Beirne, Dunlevie, Harvey, Kagle and
WITH Rachleff, the members of BCMC, may be deemed to have shared power to
vote these shares.
-------- ------------------------------------------------------------------------
6 SHARED VOTING POWER
See response to row 5.
-------- ------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
1,078,107 shares, of which 515,028 are directly owned by BFF, 281,539.5
are directly owned by Omidyar and are subject to a call option granted
by Omidyar to BFF and 281,539.5 are owned directly by Skoll and are
subject to a call option granted by Skoll to BFF. BCMC, the general
partner of BFF, may be deemed to have sole power to dispose of these
shares, and Beirne, Dunlevie, Harvey, Kagle and Rachleff, the members of
BCMC, may be deemed to have shared power to dispose of these shares.
-------- ------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
See response to row 7.
- ------------------------------------ -------- ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 1,078,107
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.68%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OR REPORTING PERSON* PN
- ------------ ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S>
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CUSIP NO. 483600102 13 G Page 4 of 16 Pages
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- ------------ ---------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Benchmark Capital Management Co., L.L.C. ("BCMC")
Tax ID Number:
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------ ---------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
SHARES are directly owned by BFF, 2,295,918 are directly owned by Pierre M.
BENEFICIALLY Omidyar ("Omidyar") and are subject to a call options granted by Omidyar
OWNED BY EACH REPORTING to BCP and BFF and 2,295,918 are directly owned by Jeffrey S. Skoll
PERSON ("Skoll") and are subject to call options granted by Skoll to BCP and
WITH BFF. BCMC, the general partner of BCP and BFF, may be deemed to have
sole power to vote these shares, and Beirne, Dunlevie, Harvey, Kagle and
Rachleff, the members of BCMC, may be deemed to have shared power to
vote these shares.
-------- ------------------------------------------------------------------------
6 SHARED VOTING POWER
See response to row 5.
-------- ------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Omidyar and
are subject to a call options granted by Omidyar to BCP and BFF and
2,295,918 are directly owned by Skoll and are subject to call options
granted by Skoll to BCP and BFF. BCMC, the general partner of BCP and
BFF, may be deemed to have sole power to dispose of these shares, and
Beirne, Dunlevie, Harvey, Kagle and Rachleff, the members of BCMC, may
be deemed to have shared power to dispose of these shares.
-------- ------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
See response to row 7.
- ------------------------------------ -------- ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 8,791,836
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.82%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OR REPORTING PERSON* OO
- ------------ ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S>
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CUSIP NO. 483600102 13 G Page 5 of 16 Pages
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<S> <C>
1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David M. Beirne ("Beirne")
Tax ID Number:
- ------------ --------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ------------ --------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ --------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ------------ --------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 2,500 shares
BENEFICIALLY
OWNED BY EACH REPORTING -------- -----------------------------------------------------------------------
PERSON
WITH 6 SHARED VOTING POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Pierre M.
Omidyar ("Omidyar") and are subject to call options granted by Omidyar to
BCP and BFF and 2,295,918 are directly owned by Jeffrey S. Skoll
("Skoll") and are subject to call options granted by Skoll to BCP and
BFF. Beirne is a member of BCMC, the general partner of BCP and BFF, and
may be deemed to have shared power to vote these shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
2,500 shares
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Omidyar and
are subject to call options granted by Omidyar to BCP and BFF and
2,295,918 are directly owned by Skoll and are subject to call options
granted by Skoll to BCP and BFF. Beirne is a member of BCMC, the general
partner of BCP and BFF, and may be deemed to have shared power to dispose
of these shares.
- ------------ --------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 8,794,336
- ------------ --------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ --------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.82%
- ------------ --------------------------------------------------------------------------------------------------------
12 TYPE OR REPORTING PERSON* IN
- ------------ --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S>
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CUSIP NO. 483600102 13 G Page 6 of 16 Pages
- ---------------------------------------------------------- --------------------------------------
- ------------ --------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bruce W. Dunlevie ("Dunlevie")
Tax ID Number:
- ------------ --------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ------------ --------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ --------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ------------ --------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 2,500 shares
BENEFICIALLY
OWNED BY EACH REPORTING -------- -----------------------------------------------------------------------
PERSON
WITH 6 SHARED VOTING POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Pierre M.
Omidyar ("Omidyar") and are subject to call options granted by Omidyar to
BCP and BFF and 2,295,918 are directly owned by Jeffrey S. Skoll
("Skoll") and are subject to call options granted by Skoll to BCP and
BFF. Dunlevie is a member of BCMC, the general partner of BCP and BFF,
and may be deemed to have shared power to vote these shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
2,500 shares
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Omidyar and
are subject to call options granted by Omidyar to BCP and BFF and
2,295,918 are directly owned by Skoll and are subject to call options
granted by Skoll to BCP and BFF. Dunlevie is a member of BCMC, the
general partner of BCP and BFF, and may be deemed to have shared power to
dispose of these shares.
- ------------------------------------ -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 8,794,336
- ------------ --------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ --------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.82%
- ------------ --------------------------------------------------------------------------------------------------------
12 TYPE OR REPORTING PERSON* IN
- ------------ --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S>
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CUSIP NO. 483600102 13 G Page 7 of 16 Pages
- ---------------------------------------------------------- --------------------------------------
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<S> <C>
1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kevin R. Harvey ("Harvey")
Tax ID Number:
- ------------ --------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ------------ --------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ --------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ------------ --------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 2,500 shares
OWNED BY EACH REPORTING
PERSON -------- -----------------------------------------------------------------------
WITH
6 SHARED VOTING POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Pierre M.
Omidyar ("Omidyar") and are subject to call options granted by Omidyar to
BCP and BFF and 2,295,918 are directly owned by Jeffrey S. Skoll
("Skoll") and are subject to call options granted by Skoll to BCP and
BFF. Harvey is a member of BCMC, the general partner of BCP and BFF, and
may be deemed to have shared power to vote these shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
2,500 shares
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Omidyar and
are subject to call options granted by Omidyar to BCP and BFF and
2,295,918 are directly owned by Skoll and are subject to call options
granted by Skoll to BCP and BFF. Harvey is a member of BCMC, the general
partner of BCP and BFF, and may be deemed to have shared power to dispose
of these shares.
- ------------------------------------ -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 8,794,336
- ------------ --------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ --------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.82%
- ------------ --------------------------------------------------------------------------------------------------------
12 TYPE OR REPORTING PERSON* IN
- ------------ --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S>
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CUSIP NO. 483600102 13 G Page 8 of 16 Pages
- ---------------------------------------------------------- --------------------------------------
- ------------ --------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert C. Kagle ("Kagle")
Tax ID Number:
- ------------ --------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ------------ --------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ --------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ------------ --------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 2,500 shares
BENEFICIALLY
OWNED BY EACH REPORTING -------- -----------------------------------------------------------------------
PERSON
WITH 6 SHARED VOTING POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Pierre M.
Omidyar ("Omidyar") and are subject to call options granted by Omidyar to
BCP and BFF and 2,295,918 are directly owned by Jeffrey S. Skoll
("Skoll") and are subject to call options granted by Skoll to BCP and
BFF. Kagle is a member of BCMC, the general partner of BCP and BFF, and
may be deemed to have shared power to vote these shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
2,500 shares
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Omidyar and
are subject to call options granted by Omidyar to BCP and BFF and
2,295,918 are directly owned by Skoll and are subject to call options
granted by Skoll to BCP and BFF. Kagle is a member of BCMC, the general
partner of BCP and BFF, and may be deemed to have shared power to dispose
of these shares.
- ------------ --------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 8,794,336
- ------------ --------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ --------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.82%
- ------------ --------------------------------------------------------------------------------------------------------
12 TYPE OR REPORTING PERSON* IN
- ------------ --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S>
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CUSIP NO. 483600102 13 G Page 9 of 16 Pages
- ---------------------------------------------------------- --------------------------------------
- ------------ --------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Andrew S. Rachleff ("Rachleff")
Tax ID Number:
- ------------ --------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ------------ --------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ --------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ------------ --------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 2,500 shares
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON -------- -----------------------------------------------------------------------
WITH
6 SHARED VOTING POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Pierre M.
Omidyar ("Omidyar") and are subject to call options granted by Omidyar to
BCP and BFF and 2,295,918 are directly owned by Jeffrey S. Skoll
("Skoll") and are subject to call options granted by Skoll to BCP and
BFF. Rachleff is a member of BCMC, the general partner of BCP and BFF,
and may be deemed to have shared power to vote these shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
2,500 shares
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
8,791,836 shares, of which 3,684,972 are directly owned by BCP, 515,028
are directly owned by BFF, 2,295,918 are directly owned by Omidyar and
are subject to call options granted by Omidyar to BCP and BFF and
2,295,918 are directly owned by Skoll and are subject to call options
granted by Skoll to BCP and BFF. Rachleff is a member of BCMC, the
general partner of BCP and BFF, and may be deemed to have shared power to
dispose of these shares.
- ------------ --------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 8,794,336
- ------------ --------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ --------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.82%
- ------------ --------------------------------------------------------------------------------------------------------
12 TYPE OR REPORTING PERSON* IN
- ------------ --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 10 of 16 Pages
ITEM 1(A). NAME OF ISSUER
eBay Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
2005 Hamilton Ave., Suite 350
San Jose, CA 95125
ITEM 2(A). NAME OF PERSONS FILING
This Statement is filed by Benchmark Capital Partners, L.P., a
Delaware limited partnership ("BCP"), Benchmark Founders'
Fund, L.P., a Delaware limited partnership ("BFF"), Benchmark
Capital Management Co., L.L.C., a Delaware limited liability
company ("BCMC"), David M. Beirne ("Beirne"), Bruce W.
Dunlevie ("Dunlevie"), Kevin R. Harvey ("Harvey"), Robert C.
Kagle ("Kagle") and Andrew S. Rachleff ("Rachleff"), the
members of BCMC. The foregoing entities and individuals are
collectively referred to as the "Reporting Persons."
BCMC, the general partner of BCP and BFF, may be deemed to
have sole power to vote and sole power to dispose of shares of
the issuer directly owned by BCP and BFF and shares of the
issuer directly owned by Pierre M. Omidyar ("Omidyar") and
Jeffrey S. Skoll ("Skoll") that are subject to call options
granted by Omidyar and Skoll to BCB and BFF. Beirne, Dunlevie,
Harvey, Kagle and Rachleff are members of BCMC and may be
deemed to have shared power to vote and shared power to
dispose of shares of the issuer directly owned by BCP and BFF
and shares of the issuer owned directly by Omidyar and Skoll
that are subject to call options granted by Omidyar and Skoll
to BCB and BFF.
ITEM 2(B). ADDRESS OF PRINCIPAL OFFICE
The address for each of the Reporting Persons is:
Benchmark Capital
2480 Sand Hill Road, Suite 200
Menlo Park, California 94025
ITEM 2(C) CITIZENSHIP
BCP and BFF, are Delaware limited partnerships. BCMC is a
Delaware limited liability company. Beirne, Dunlevie, Harvey,
Kagle and Rachleff are United States citizens.
ITEM 2(D) AND (E). TITLE OF CLASS OF SECURITIES AND CUSIP NUMBER
Common Stock
CUSIP # 278642103
ITEM 3. Not Applicable
ITEM 4. OWNERSHIP
The following information with respect to the ownership of the
Common Stock of the issuer by the persons filing this
Statement is provided as of December 31, 1998:
<PAGE>
Page 11 of 16 Pages
(a) Amount beneficially owned:
See Row 9 of cover page for each Reporting Person.
(b) Percent of Class:
See Row 11 of cover page for each Reporting Person.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See Row 5 of cover page for each Reporting
Person.
(ii) Shared power to vote or to direct the vote:
See Row 6 of cover page for each Reporting
Person.
(iii) Sole power to dispose or to direct the
disposition of:
See Row 7 of cover page for each Reporting
Person.
(iv) Shared power to dispose or to direct the
disposition of:
See Row 8 of cover page for each Reporting
Person.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Under certain circumstances set forth in the limited
partnership agreements of BCP and BFF, and the limited
liability company agreement of BCMC, the general and limited
partners or members, as the case may be, of each of such
entities may be deemed to have the right to receive dividends
from, or the proceeds from, the sale of shares of the issuer
owned by each such entity of which they are a partner.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable
ITEM 10. CERTIFICATION.
Not applicable
<PAGE>
Page 12 of 16 Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: February 10, 2000
BENCHMARK CAPITAL PARTNERS, L.P.,
a Delaware Limited Partnership
By: Benchmark Capital Management Co., L.L.C.,
a Delaware Limited Liability Company
its General Partner
By: /s/ Andrew S. Rachleff
------------------------------------------
Andrew S. Rachleff
Member
BENCHMARK FOUNDERS' FUND, L.P.,
a Delaware Limited Partnership
By: Benchmark Capital Management Co., L.L.C.,
a Delaware Limited Liability Company
its General Partner
By: /s/ Andrew S. Rachleff
------------------------------------------
Andrew S. Rachleff
Member
BENCHMARK CAPITAL MANAGEMENT CO., L.L.C.,
a Delaware Limited Liability Company
By: /s/ Andrew S. Rachleff
------------------------------------------
Andrew S. Rachleff
Member
DAVID M. BEIRNE
By: /s/ David M. Beirne
------------------------------------------
David M. Beirne
<PAGE>
Page 13 of 16 Pages
BRUCE W. DUNLEVIE
By: /s/ Bruce W. Dunlevie
------------------------------------------
Bruce W. Dunlevie
KEVIN R. HARVEY
By: /s/ Kevin R. Harvey
------------------------------------------
Kevin R. Harvey
ROBERT C. KAGLE
By: /s/ Robert C. Kagle
------------------------------------------
Robert C. Kagle
ANDREW S. RACHLEFF
By: /s/ Andrew S. Rachleff
------------------------------------------
Andrew S. Rachleff
<PAGE>
Page 14 of 16 Pages
EXHIBIT INDEX
Found on
Sequentially
Exhibit Numbered Page
- ------- -------------
Exhibit A: Agreement of Joint Filing 15
<PAGE>
Page 15 of 16 Pages
EXHIBIT A
Agreement of Joint Filing
The undersigned hereby agree that a single Schedule 13G (or
any amendment thereto) relating to the Common Stock of eBay Inc. shall be filed
on behalf of each of the undersigned and that this Agreement shall be filed as
an exhibit to such Schedule 13G.
Date: February 10, 2000
February 10, 2000 BENCHMARK CAPITAL PARTNERS, L.P.,
a Delaware Limited Partnership
By: Benchmark Capital Management Co., L.L.C.,
a Delaware Limited Liability Company
Its General Partner
By: /s/ Andrew S. Rachleff
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Andrew S. Rachleff, Member
February 10, 2000 BENCHMARK FOUNDERS' FUND, L.P.,
a Delaware Limited Partnership
By: Benchmark Capital Management Co., L.L.C.,
a Delaware Limited Liability Company
Its General Partner
By: /s/ Andrew S. Rachleff
--------------------------------------------
Andrew S. Rachleff, Member
February 10, 2000 BENCHMARK CAPITAL MANAGEMENT CO., L.L.C.,
a Delaware Limited Liability Company
By: /s/ Andrew S. Rachleff
--------------------------------------------
Andrew S. Rachleff, Member
February 10, 2000
By: /s/ David M. Beirne
--------------------------------------------
David M. Beirne
February 10, 2000
By: /s/ Bruce W. Dunlevie
--------------------------------------------
Bruce W. Dunlevie
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Page 16 of 16 Pages
February 10, 2000
By: /s/ Kevin R. Harvey
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Kevin R. Harvey
February 10, 2000
By: /s/ Robert C. Kagle
--------------------------------------------
Robert C. Kagle
February 10, 2000
By: /s/ Andrew S. Rachleff
--------------------------------------------
Andrew S. Rachleff
