PayPal Mafia
Guide Note:
The PayPal Mafia is a nickname for a group of early investors and developers who helped to start PayPal. The nickname was allegedly self-given. According to Fortune magazine, endeavors with PayPal Mafia involvement were worth $30 billion as of November, 2007. Fast Facts:
- November 26, 2007: First print mention of the term
- Where: Fortune magazine
- Members include: Reid Hoffman, Elon Musk, Daniel Issen, David Sacks, Peter Thiel, Max Levchin, Roelof Botha, Jeremy Stoppelman, Jawed Karim, Chad Hurley, Steve Chen, Premal Shah
- Several "members" left on bad terms
Quotes:
- Levchin on PayPal hiring policy: "He thinks like me, he's just as geeky, and he doesn't get laid very often. Great hire! We'll get along perfectly."
- Botha: "The difference between Google and PayPal was that Google wanted to hire Ph.D.s, and PayPal wanted to hire the people who got into Ph.D. programs and dropped out."
- Also try: PayPal
Paypal Mafia Members
Reid Hoffman
- Wikipedia: Reid Hoffman
- LinkedIn: Reid Hoffman
Elon Musk
- Wikipedia: Elon Musk
David Sacks
- Wikipedia: David O. Sacks
Peter Theil
- Wikipedia: Peter Thiel
- LinkedIn: Peter Thiel
Paypal Mafia News
- Topix.net: Paypal Mafia
- Google News: Paypal Mafia
- Yahoo! Finance: AdBrite Hires Daniel Issen as Vice President of Engineering: Financial News (February 28, 2008)
- Wired: How PayPal Gave Rise to a Silicon Valley 'Mafia' (November 15, 2007)
- New York Times: It Pays to Have Pals in Silicon Valley (October 16, 2006)
- Forbes: The PayPal Exodus (July, 12 2006)
- CNET: eBay picks up PayPal for $1.5 billion - CNET News.com (July 8, 2002)
- University of Illinois: PayPal Alumni: Making an Impact in Silicon Valley
- CNN Money: The PayPal Mafia (November 26, 2007)
- New York Times: It Pays to Have Pals in Silicon Valley (October 17, 2006)
Paypal Mafia Blogs and Commentaries
- Google Blog Search: Paypal Mafia
- Valleywag: PayPal Mafia Tagged Posts
- Venture Explorer: Will Google Spawn a Mafia - Like PayPal? (January 2008)
- Inside the 'PayPal Mafia' - Newser (November 15, 2007)
- Valleywag: Picture Of The Day: The PayPal Mafia Personified (October 26, 2007)
- GigaOM: The PayPal Mafia (October 16, 2006)
- TechCrunch: Here Comes The Google Mafia (December 28, 2007)
Paypal Mafia Books, Images and Video
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