PayPal

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Group.png PayPal
(BankFacebook LinkedIn Website YouTubeRdf-entity.pngRdf-icon.png
Founder• Peter Thiel
• Max Levchin
Member ofBusiness Roundtable, Council on Foreign Relations/Corporate Members, Highlands Forum, World Economic Forum/Strategic Partners
Online payment website

 

Related Quotation

PageQuoteAuthorDate
Elon Musk“Despite having perhaps the greatest entrepreneurial streak of all the PayPal mafia, Musk was purged from PayPal like some kind of toxin. Soon after the merger, Thiel resigned.

Musk became CEO of the combined company and decided it was time for a technological overhaul. Specifically, he wanted to toss out Unix and put everything on a Microsoft (MSFT) platform.

That may sound innocent enough to laypeople but not to Unix zealots like Levchin and his team. A holy war ensued. Musk lost. The board fired him and brought back Thiel while Musk was on a flight to Australia for his first vacation in years. “That’s the problem with vacations,” Musk deadpans.

Musk still contends he didn’t deserve his fate, that his biggest flaw was being cut from different cloth. “Peter, Max, and I are not directly aligned philosophically,” he says. “Peter’s philosophy is pretty odd. It’s not normal. He’s a contrarian from an investing standpoint and thinks a lot about the singularity. I’m much less excited about that. I’m pro-human.””
Elon Musk
Fortune
2007

 

Related Documents

TitleTypePublication dateAuthor(s)Description
Document:Omidyar’s PayPal Corporation Said To Be Implicated in Withheld NSA Documentsarticle11 December 2013Sibel Edmonds
Document:PayPal Partnering With Anti-Defamation League to Share Info With Law Enforcement, Determine Who Can Use Their ServicesArticle26 July 2021Cassandra FairbanksThe censorship industry colludes with law enforcement and financial services in order to censor more.


References


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