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PayPal Mafia
The "PayPal Mafia" is a group of former PayPal employees and founders who have since founded and/or developed additional technology companies such as Tesla, Inc., LinkedIn, Palantir Technologies, SpaceX, Affirm, Slide, Kiva, YouTube, Yelp, and Yammer. Most of the members attended Stanford University or University of Illinois Urbana–Champaign at some point in their studies. History Originally, PayPal was a money-transfer service offered by a company called Confinity which was acquired by X.com in 1999. Later, X.com was renamed PayPal and purchased by eBay in 2002. 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. They remained connected as social and business acquaintances, and a number of them worked together to form new companies and venture firms in subsequent years. This group of PayPal alumni became so prolific that the term PayPal Mafia was coined. The te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paypal Mafia 2014
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500 of the largest United States corporations by revenue. History Early history PayPal was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Confinity, a company that developed security software for hand-held de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crime Boss
A crime boss, also known as a crime lord, Don, gang lord, gang boss, mob boss, kingpin, godfather, crime mentor or criminal mastermind, is a person in charge of a criminal organization. Description A crime boss typically has absolute or nearly absolute control over the other members of the organization and is often greatly feared or respected for their cunning, strategy, and/or ruthlessness and willingness to take lives to exert their influence and profits from the criminal endeavors in which the organization engages.Manning, George A. ''Financial Investigation and Forensic Accounting.'' Boca Raton, Fla.: CRC Press, 2005. Some groups may only have as little as two ranks (a crime boss and their soldiers). Other groups have a more complex, structured organization with many ranks, and structure may vary with cultural background. Organized crime enterprises originating in Sicily differ in structure from those in mainland Italy. American groups may be structured differently from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roelof Botha
Roelof F. Botha (born 19 September 1973) 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. Education and career Botha was born in Pretoria, South Africa, and at the age of six he moved to Cape Town with his parents. He was raised in Hout Bay, a suburb of Cape Town, and attended Hoërskool Jan van Riebeeck. Botha earned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. Early life and career Banister is the son of Debbie and Bruce Banister (1951–2006), a civil engineer who lived in Kansas City, Missouri. According to Jimmy Soni, Banister's original intent in attending UIUC was to become a professor of computer science. Michael Ellsberg wrote that like other entrepreneurs, Scott Banister relentlessly looked at the outcome he wanted to produce in the world and relentlessly focused on how to achieve that outcome. Characterizing Banister as a "self-educated serial entrepreneur", Ellsberg quotes Banister: "I found q ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geni
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Geni or GENI may refer to: * Geni.com, a genealogy-related web service * Geni (footballer) (b. 1980), Spanish football (soccer) player, full name Eugenio Suárez Santos * Global Environment for Network Innovations, a planned National Science Foundation facilities project * Global Energy Network Institute, a research and education organization focusing on electric power transmission networks between nations and continents * Geni, Siliguri, a census town in Darjeeling district, West Bengal, India See also *Genie (other) A genie, or jinn, is a supernatural creature in early pre-Islamic Arabian and later Islamic mythology and theology. Genie may also refer to: Arts and entertainment * Genies in popular culture Fictional characters * Genie (Disney), a character i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David O
David (; , "beloved one") (traditional spelling), , ''Dāwūd''; grc-koi, Δαυΐδ, Dauíd; la, Davidus, David; gez , ዳዊት, ''Dawit''; xcl, Դաւիթ, ''Dawitʿ''; cu, Давíдъ, ''Davidŭ''; possibly meaning "beloved one". was, according to the Hebrew Bible, the third king of the United Kingdom of Israel. In the Books of Samuel, he is described as a young shepherd and harpist who gains fame by slaying Goliath, a champion of the Philistines, in southern Canaan. David becomes a favourite of Saul, the first king of Israel; he also forges a notably close friendship with Jonathan, a son of Saul. However, under the paranoia that David is seeking to usurp the throne, Saul attempts to kill David, forcing the latter to go into hiding and effectively operate as a fugitive for several years. After Saul and Jonathan are both killed in battle against the Philistines, a 30-year-old David is anointed king over all of Israel and Judah. Following his rise to power, David ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Boring Company
The Boring Company (TBC) is an American infrastructure and tunnel construction services company founded by Elon Musk. Its ongoing and proposed projects are designed for intra-city ("loop") transit systems. After six years TBC has completed one out of six publicly announced projects. The only operational one is situated inside the Las Vegas convention center (LVCC) and operates on limited days for loop travel during conventions. It connects the LVCC West Hall to the existing campus over a stretch of 1.7 miles with an average speed of 30mph in non-autonomous regular Tesla 3 cars that are steered by an driver, despite promised to have 150mph average speeds and autonomous "sleek custom pods". The majority of Las Vegas local residents are not served by the LVCC limited transportation system. The TBC completed one tunnel for testing in Los Angeles County. During the opening of the test tunnel at the end of 2018, it was described as "just a regular Tesla driving through a paved tunnel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neuralink
Neuralink Corporation is a neurotechnology company that develops implantable brain–computer interfaces (BCIs). Founded by Elon Musk and a founding team of seven other scientists and engineers, the company's headquarters is in the Pioneer Building in San Francisco sharing offices with OpenAI. Neuralink was launched in 2016 and was first publicly reported in March 2017. Since its founding, the company has hired several high-profile neuroscientists from various universities. By July 2019, it had received $158 million in funding (of which $100 million was from Musk) and was employing a staff of 90 employees. At that time, Neuralink announced that it was working on a "sewing machine-like" device capable of implanting very thin (4 to 6 μm in width [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OpenAI
OpenAI is an artificial intelligence (AI) research laboratory consisting of the for-profit corporation OpenAI LP and its parent company, the non-profit OpenAI Inc. The company conducts research in the field of AI with the stated goal of promoting and developing friendly AI in a way that benefits humanity as a whole. The organization was founded in San Francisco in late 2015 by Sam Altman, Elon Musk, and others, who collectively pledged US$1 billion. Musk resigned from the board in February 2018 but remained a donor. In 2019, OpenAI LP received a 1 billion investment from Microsoft. OpenAI is headquartered at the Pioneer Building in Mission District, San Francisco. History In December 2015, Sam Altman, Elon Musk, Greg Brockman, Reid Hoffman, Jessica Livingston, Peter Thiel, Amazon Web Services (AWS), Infosys, and YC Research announced the formation of OpenAI and pledged over 1 billion to the venture. The organization stated it would "freely collaborate" wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Angel Investor
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to start-ups at the initial moments (where risks of the start-ups failing are relatively high) and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital, as well as to provide advice to their portfolio companies. Over the last 50 years, the number of angel investors has greatly increased. Etymology and origin T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zip2
Zip2 was a company that provided and licensed online city guide software to newspapers. The company was founded in Palo Alto, California as Global Link Information Network in 1995, by Greg Kouri and brothers Elon and Kimbal Musk. Initially, Global Link provided local businesses with an Internet presence, but later began to assist newspapers in designing online city guides before being purchased by Compaq Computer in 1999. History Global Link Information Network was founded in 1995 by brothers Elon and Kimbal Musk and Greg Kouri in Palo Alto, California with money raised from a small group of angel investors, plus US$8,000 from Kouri. In Ashlee Vance's biography of Elon Musk, it is claimed that the Musks' father, Errol Musk, provided them with US$28,000 during this time, but Elon Musk later denied this. He later clarified that his dad provided around 10% of US$200,000 as part of a later funding round. Initially, Global Link provided local businesses with an Internet presence ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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