What is Paypal?
Paypal is obviously a well understood payment system. It was the rage before crypto currency payments which now make sending money across nations even easier.
But Paypal sure is a thing we all know.
What is paypal mafia?
Paypal mafia is a group of individuals that were part of Paypal company at some point and those guys rule Silicon valley even today after 2 decades.
Many are investors, founders , the force behind brands, board members and have massive clout and are opinion makers too.
In detail now
Dave Sacks
David Oliver Sacks is an entrepreneur, author and investor in internet technology firms. He serves as the general partner of Craft Ventures, a venture capital fund he co-founded in late 2017. Additionally, he is a cohost of the All In podcast, alongside Chamath Palihapitiya, Jason Calacanis & David Friedberg. Previously, Sacks was the COO and product leader of PayPal, and founder and CEO of Yammer. In 2016, he became interim CEO of Zenefits for 10 months. In 2017, Sacks co-founded Craft Ventures, an early-stage venture fund. His angel investments include Facebook, Uber, SpaceX, Palantir Technologies, and Airbnb.
Sacks was born to a Jewish family in Cape Town, South Africa, and immigrated to Tennessee, United States, with his family when he was five. Though Sacks did not know he wanted to be an entrepreneur, he did not want to work a profession like his father, who was an endocrinologist. He took inspiration from his grandfather, who started a candy factory in the 1920s. Sacks attended Memphis University School in Memphis, Tennessee. He earned his B.A. in economics from Stanford University in 1994 and a J.D. from the University of Chicago Law School in 1998.
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Max Levchin
Maksymilian Rafailovych "Max" Levchin is a Ukrainian-American software engineer and businessman. In 1998, he co-founded the company that eventually became PayPal. Levchin made contributions to PayPal's anti-fraud efforts and was the co-creator of the Gausebeck-Levchin test, one of the first commercial implementations of a CAPTCHA challenge response human test.
He founded or co-founded the companies Slide.com, HVF, and Affirm. He was an early investor in Yelp and was their largest shareholder in 2012. He left a leadership role in Yelp in 2015.
Levchin was a producer for the movie Thank You for Smoking.
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Jawed Karim
Jawed Karim (born October 28, 1979) is an American software engineer and Internet entrepreneur. He is a co-founder of YouTube and the first person to upload a video to the site. The site's inaugural video, "Me at the zoo", uploaded on April 23, 2005, has been viewed over 310 million times as of March 4, 2024. During Karim's time working at PayPal, where he met fellow YouTube co-founders Steven Chen and Chad Hurley, he designed many of its core components, including its real-time anti-fraud system.
Jawed Karim was born on October 28, 1979, in Merseburg, East Germany, to a Bangladeshi father and a German mother.
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Luke Nosek
Luke is a Polish-American entrepreneur, notable for being a co-founder of PayPal.
Biography
Lukasz Nosek was born in Tarnów, Poland. After emigrating to the US, he earned a B.S. in Computer Engineering from the University of Illinois at Urbana–Champaign.
In the summer of 1995, while still in college, he co-founded SponsorNet New Media, Inc., along with fellow Illinois students Max Levchin and Scott Banister. Nosek then worked for Netscape. In 1998, with Max Levchin, Peter Thiel, Elon Musk, and Ken Howery, Nosek co-founded PayPal, serving as vice president of marketing and strategy, creating the company's "instant transfer" product.
In his first conversation with Thiel, he told Thiel he had just
registered to be cryonically suspended, in other words, that he would be
subject to low-temperature preservation in case of his legal death in
hopes that he might be successfully revived by future medical
technology. Thiel himself would later follow Nosek's example.
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Jeremy Stoppelman
Jeremy Stoppelman (born November 10, 1977) is an American business executive. He is the CEO of Yelp, which he co-founded in 2004. Stoppelman obtained a bachelor's degree in computer engineering from the University of Illinois at Urbana–Champaign in 1999. After briefly working for @Home Network, he worked at X.com and later became the VP of Engineering after the company was renamed PayPal. Stoppelman left PayPal to attend Harvard Business School. During a summer internship at MRL Ventures, he and others came up with the idea for Yelp Inc. He turned down an acquisition offer by Google and took the company public in 2012.
Stoppelman was born in Arlington, Virginia, in 1977. His mother, Lynn, was an English teacher, and his father, John, was a securities lawyer. Stoppelman is Jewish. He attended Langley High School and a Reform temple as a child and had a Bar Mitzvah. As a child Stoppelman had an interest in computers and business and began investing in stocks at the age of 14. Stoppelman aspired to be a video game developer and took computer programming classes, where he learned the Turbo Pascal software programming system. He attended the University of Illinois at Urbana-Champaign and obtained a bachelor's degree in computer engineering in 1999. After graduating he took a job with @Home Networ
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Eric Jackson
Eric M. Jackson is the co-founder of CapLinked, a project management and business transaction company. He is founder and former CEO of World Ahead Publishing (which was purchased by WorldNetDaily in 2007), and is a former vice president of marketing at PayPal. He is one of the PayPal Mafia, a growing number of PayPal alumni who have started new ventures after eBay bought the online payments firm.
Career
In 1998, Jackson received a B.A. in economics with honors from Stanford University. He served on the board of directors of The Stanford Review. Jackson maintains the book publishing industry blog called Conservative Publisher.
In 2005, Jackson accused Google of political bias for removing online ads for a book critical of Bill Clinton. Google responded that no previously-approved ads had been removed.
Jackson's own book The PayPal Wars chronicles PayPal's origins and discusses the legal, regulatory, and competitive threats entrepreneurs must overcome in today's business environment. It has been profiled by Reason Magazine, The Washington Times, the Mises Institute, Tech Central Station, and Tom Peters.
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Yu Pan
Yu Pan is an engineer and entrepreneur mentioned in one source as one of the original six people who started PayPal and the first employee at YouTube, as an early software engineer. He is a former Google employee and also a co-founder of Kiwi Crate, Inc.
Pan received a BS in computer science from the University of Illinois at Urbana–Champaign. In 2007, Pan gained an Illinois Mathematics and Science Academy Alumni Award, and he is listed as a notable alumnus alongside technology entrepreneurs Steve Chen, Ramez Naam, Russel Simmons, and Sam Yagan.
Pan currently works as an R&D Engineer at Origin Protocol.
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Yishan Wong
Yishan Wong is an American engineer and entrepreneur who was CEO of
Reddit from March 2012 until his resignation in November 2014. With
Niniane Wang he is also co-founder of the Mountain View coworking space
Sunfire Offices, and was an advisor at Quora. Wong was briefly a
contributing blogger to Forbes magazine.
Wong worked as a senior engineering manager at PayPal from 2001 to 2005. He is a member of PayPal's early group of employees known collectively as the PayPal Mafia. In 2005, he joined Facebook as a director of engineering on projects including crowd translation. Before leaving Facebook in 2010, he became an active Reddit user and posted often.
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Roelf Botha
Roelof F. Botha is a South African actuary, venture capitalist and company director.
Botha is a partner at Sequoia Capital and as of 2022 sits on the boards of MongoDB, Evernote, Bird, Ethos, Natera, Square, Unity, and Xoom. He also worked with AssureRX, FutureAdvisor, Instagram, Mixpanel and Mu Sigma. He previously sat on the board of directors of Meebo and YouTube before they were each acquired by Google, Weebly before they were acquired by Square, and Tumblr before they were acquired by Yahoo!. He previously sat on the boards of Eventbrite, Jawbone, Mahalo, Nimbula, Tokbox, and Whisper.
On Forbes' Midas List, an annual ranking of venture capital professionals, he ranked 22nd in 2008, 9th in 2021, and 36th in 2022.
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Jeremy Stoppelman
Jeremy Stoppelman is an American business executive. He is the CEO of
Yelp, which he co-founded in 2004. Stoppelman obtained a bachelor's
degree in computer engineering from the University of Illinois at
Urbana–Champaign in 1999. After briefly working for @Home Network,
he worked at X.com and later became the VP of Engineering after
the company was renamed PayPal. Stoppelman left PayPal to attend
Harvard Business School. During a summer internship at MRL Ventures,
he and others came up with the idea for Yelp Inc. He turned down an
acquisition offer by Google and took the company public in 2012.
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Scott Banister
Scott Banister (born 1975) is an American entrepreneur, startup founder, and angel investor. He cofounded the anti-spam company IronPort, and he was an early advisor and board member at PayPal. He invented paid search advertising via keyword auction, a core business model for internet advertising companies.
Banister is a marijuana rights activist and was a supporter of Republican Senator Rand Paul in the 2016 presidential race.
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Steve Chen
Steve Chen is a Taiwanese-born American Internet entrepreneur who
is one of the co-founders and previous chief technology officer of
the American video-sharing website YouTube. After he co-founded the
company AVOS Systems, Inc. and built the video-sharing app MixBit,
he joined Google Ventures in 2014.
Chen was born in Taipei, Taiwan. When he was seven years old, he and
his family immigrated to the United States and settled in Prospect
Heights, Illinois. He went to River Trails Middle School in Mount
Prospect for his middle school education and John Hersey High School in
Arlington Heights for his freshman year of high school. For his final
three years of high school, he attended the Illinois Mathematics and
Science Academy in Aurora, Illinois. At the University of Illinois
at Urbana-Champaign, he studied computer science.
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Chad Hurley
Chad Meredith Hurley is an American webmaster and businessman who
serves as the advisor and former chief executive officer (CEO) of
YouTube. He also co-founded MixBit, a since closed video sharing
service. In October 2006, he and Steve Chen sold YouTube for $1.65
billion to Google. Hurley worked in eBay's PayPal division—one
of his tasks involved designing the original PayPal logo before
co-founding YouTube with fellow PayPal colleagues Steve Chen and
Jawed Karim. Hurley was primarily responsible for the tagging and
video-sharing aspects of YouTube.
Hurley was born in Reading, Pennsylvania, the second child of Don
and Joann Hurley, and grew up near Birdsboro, Pennsylvania. He has
an older sister, Heather, and a younger brother, Brent.
Since childhood, Hurley showed interest in the arts, and became
interested in computers and electronic media during high school. He was
a standout runner for Twin Valley High School's cross-country program,
which won two of its PIAA State titles with him as a member in 1992
and 1994. He was also a member of the Technology Student Association
during high school. He graduated from Twin Valley High School in 1995
and earned a B.A. in Fine Art from Indiana University of Pennsylvania
in 1999.
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Kenneth Howery
He is an American entrepreneur and diplomat. He is a co-founder of PayPal and Founders Fund. He served as the U.S. Ambassador to Sweden from 2019 to 2021 under President Donald Trump.
Howery was born in 1975 in Texas. Later graduating from Stanford University in 1998 with a B.A. in economics. While at Stanford, he was managing editor of The Stanford Review, a student-run newspaper founded by Peter Thiel.
The same year he graduated, he co-founded PayPal with Peter Thiel,
Luke Nosek, Elon Musk, and Max Levchin. The group of founders became
known as the PayPal Mafia, which included other peers and early
investors. From 1998 to 2002, Howery served as PayPal's CFO. Following
PayPal's acquisition by eBay in 2002, Howery served as eBay's Director
of Corporate Development until 2003. Howery then rejoined Thiel in 2004
at Clarium Capital Management, where he served as vice president of
private equity, as well as a member of the research and trading teams.
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Dave McClure
David "Dave" McClure is an entrepreneur and angel investor based in the San Francisco Bay Area, who founded the business accelerator 500 Startups (now 500 Global),and served as its CEO until his resignation in 2017. He founded Practical Venture Capital soon after, a new venture capital fund that would continue to work with companies he previously funded through 500 Startups.
Biography
McClure was born in Morgantown, West Virginia and grew up in Columbia, Maryland. He graduated from Johns Hopkins University in 1988 with a Bachelor of Science in Mathematical Engineering.
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Reid Hoffman
Reid Garrett Hoffman (born August 5, 1967) is an American internet entrepreneur, venture capitalist, podcaster, and author. Hoffman is the co-founder and executive chairman of LinkedIn, a business-oriented social network used primarily for professional networking. He is also Chairman of venture capital firm Village Global and a co-founder of Inflection AI.
Early life and education
Hoffman was an avid tabletop roleplaying gamer as a child and worked as an editor at the game company Chaosium, then based in Oakland, California near his home.
Hoffman attended high school at the progressive Putney School in Vermont, where he engaged in farming activities. He graduated from Stanford University in 1990 with a Bachelor of Science in Symbolic Systems and Cognitive Science. He was awarded a Marshall Scholarship for graduate study abroad, and he earned a Master of Studies (MSt) in philosophy from Wolfson College, Oxford, in 1993.
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Premal Shah
Premal Shah is an Indian-American entrepreneur who co-founded Kiva, a global poverty alleviation non-profit that has raised over $1 billion for low-income entrepreneurs in eighty countries.
Shah was born in Ahmedabad, India, and raised in Minnesota, graduating from Irondale High School. He attended Stanford University, where he pursued his interest in economic development, with a specific focus on microfinance. At the London School of Economics he received a research grant to study the microfinance work of the Self-Employed Women's Association.
Career
Shah was an early employee of and principal product manager at PayPal. Building on his college interest in microfinance, Shah took a sabbatical from PayPal in 2004 to prototype a concept of person-to-person microlending in India.
Some mugshots
Conclusion
Answer
What is ICQ?
ICQ is an instant messaging (IM) and VoIP client that works across platforms. The name ICQ comes from the phrase "I Seek You". ICQ was originally developed by Mirabilis, an Israeli company, in 1996. AOL purchased ICQ in 1998, and then Mail.Ru Group (now VK) bought it in 2010. ICQ is still around and is being actively developed
Question
What is Xoom?
Feedback
paypal mafia is a topic that lots of people are interested in. The huge concentration of talent in one place is with credit to Peter Thiel, Keith Rabbois and more.
It is not only unique but we can also learn a lot from these guys. It was all boys show as can be expected from high tech work environments.