![]() The Incredible Story of The PayPal Mafia, NeoScribe, June 2018Īccording to a book The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley PayPal was purchased by eBay in 2002 and the original PayPal employees had difficulty adjusting to eBay's more traditional corporate culture and within four years all but 12 of the first 50 employees had left.Ī number of them worked together to form new companies and venture firms in subsequent years promising to keep supporting each-other politicly. 2 Examples of companies started or developed by the members.Some became WEF members, or Bilderberg members, and Peter Thiel, nicknamed The Don of the group even became head of the Bilderberg Steering Committee. The members all met at Stanford University or University of Illinois at Urbana–Champaign at some point in their adolescence and some even dropped out and started companies together during the Internet bubble of the 1990s. ![]() The PayPal Mafia is a suspected deep state faction of former PayPal employees and founders who have since founded and massively helped new tech companies achieve leading market shares. And, connected to Intelligence services, the WEF and Bilderberg as well. IF you thought the consolidation of media wasn't bad enough, most big tech companies started in the 2000s are mostly owned by the same group of friends. Twitter, Intelligence agencies, mass surveillance Stanford University, University of Pennsylvania, University of Illinois Elon Musk was not on the original picture, due to a scheduling conflict, and was later individually photographed for this. Sacks, Peter Thiel, Keith Rabois, Reid Hoffman, Max Levchin, Roelof Botha, Russel Simmons. ![]() From left to right, top to bottom: Jawed Karim, Jeremy Stoppelman, Andrew McCormack, Premal Shah, Luke Nosek, Ken Howery, David O. It wasn't politics: Reid was debating his friend Tim O'Reilly on the merits of spending gobs of investor money to build startups into dominant forces.Īfter the debate, Reid sat down with Fortt Knox on the 17th floor of LinkedIn headquarters to talk about how he scaled from a pre-teen who was ambivalent about school, into one of tech's most prolific builders.Members of the PayPal Mafia on Fortune magazine dressed in Mafia-style clothing, to simulate a The Sopranos like picture. Those members include Elon Musk, YouTube founders Steve Chen and Chad Hurley, investor Peter Theil, and entrepreneur Max Levchin, to name a few.įortt Knox spent some time with Hoffman last week after flying out to San Francisco to moderate a LinkedIn debate in front of a live audience. That also makes him part of an eclectic group of characters known as the "PayPal Mafia," former PayPal employees who went on to dizzying heights of success. He was a founding board member at PayPal, and early on became its chief operating officer. Hoffman is deeply qualified on that subject. Personal Loans for 670 Credit Score or LowerĪfter teaching a class at Stanford, he started a podcast, Masters of Scale, that's about the art and craft of building monster businesses. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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