You can be on Entrepreneur’s cover!

PayPal President David Marcus Jumps Ship to Run Messaging at Facebook Marcus will run the messaging business for Facebook after leaving the eBay unit after three years.

By Ray Hennessey

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

atimedesign.com
PayPal President David Marcus

Facebook has poached David Marcus, the executive who runs the PayPal online-payment business at eBay, to run its messaging products.

Marcus has been with PayPal since the company bought gaming-payments startup Zong in 2011.

Though Marcus's background has been in payments, Facebook said in a newsroom post that it was hiring him to improve its messaging business:

"Messaging is a core part of Facebook's service and key to achieving our mission of making the world more open and connected," the company said. "Every day around 12 billion messages are sent on Facebook, and in April we announced that Messenger, our standalone messaging app, is now used by more than 200 million people every month. We're excited by the potential to continue developing great new messaging experiences that better serve the Facebook community and reach even more people, and David will be leading these efforts.

Of course, there has been speculation that Facebook itself would get into the online-payments business itself, though neither Marcus nor Facebook suggested that was behind the hiring.

Ray Hennessey

Former Editorial Director at Entrepreneur Media

Ray Hennessey is the former editorial director of Entrepreneur.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

This Dad Started a Side Hustle to Save for His Daughter's College Fund — Then It Earned $1 Million and Caught Apple's Attention

In 2015, Greg Kerr, now owner of Alchemy Merch, was working as musician when he noticed a lucrative opportunity.

Business News

Yes, You Can Buy a Foldable Tiny Home on Amazon — And Now It's Selling for Less Than $12,000

The waterproof and flameproof house was listed around $35,000 a few months ago.

Business News

This One Word Is a Giveaway That You Used ChatGPT to Write an Email, According to an Expert

"Delve" has increased its presence in written work since ChatGPT entered the scene.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

This Futuristic Wearable Smartphone Alternative Projects a Screen on Your Palm — And It's Now Widely Available

Humane's Ai Pin fastens magnetically to clothing and becomes a voice-activated AI assistant that can make calls, send texts, take notes, and find answers to complex questions.