The PayPal Wars
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The PayPal Wars
''The PayPal Wars: Battles with eBay, the Media, the Mafia, and the Rest of Planet Earth'' (2004) is a book by former PayPal marketing executive Eric M. Jackson. Description ''The PayPal Wars'' is an insider's perspective on the people and events that helped create the company, and its acquisition by eBay in 2002. The book recounts PayPal's clashes with lawyers, regulators, and the Mafia. Many of PayPal's founding employees went on to start other companies like LinkedIn, Tesla Motors, YouTube, and Yelp, Inc.; they would become known as the PayPal Mafia. Critical reception ''The PayPal Wars'' received acclaim for its writing style and personal narrative. ''The Washington Times'' said the book is "an absorbing insider's story." ''Reason Magazine'' said that it "reads like a spy novel." ''Tech Central Station'' said that "It's rare that a business book is a page turner, but ''The PayPal Wars'' is." Tom Peters said ''The PayPal Wars'' "gives the best description of 'business strateg ...
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PayPal
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 ...
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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 ...
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2004 Non-fiction Books
4 (four) is a number, numeral (linguistics), numeral and numerical digit, digit. It is the natural number following 3 and preceding 5. It is the smallest semiprime and composite number, and is tetraphobia, considered unlucky in many East Asian cultures. In mathematics Four is the smallest composite number, its proper divisors being and . Four is the sum and product of two with itself: 2 + 2 = 4 = 2 x 2, the only number b such that a + a = b = a x a, which also makes four the smallest squared prime number p^. In Knuth's up-arrow notation, , and so forth, for any number of up arrows. By consequence, four is the only square one more than a prime number, specifically 3, three. The sum of the first four prime numbers 2, two + 3, three + 5, five + 7, seven is the only sum of four consecutive prime numbers that yields an Parity (mathematics), odd prime number, 17 (number), seventeen, which is the fourth super-prime. Four lies between the first proper pair of twin primes, 3, three and ...
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World Ahead Publishing
''WND'' (formerly ''WorldNetDaily'') is an American far-right fake news website. It is known for promoting falsehoods and conspiracy theories, including the false claim that former President Barack Obama was not born in the United States. The site was founded in May 1997 by Joseph Farah, who is its current editor-in-chief and CEO. The website publishes news, editorials, and opinion columns, while also aggregating content from other publications. History In 1997 Joseph Farah created the news website ''WorldNetDaily'' as a division of the Western Journalism Center. It was subsequently spun off in 1999 as a for-profit organization with the backing of $4.5 million from investors, Farah owning a majority of the stock. The site describes itself as "an independent news company dedicated to uncompromising journalism". In 1999, WorldNetDaily.com, Inc. was incorporated in Delaware with offices in Cave Junction, Oregon. The website gained notoriety for stoking false "birther" conspi ...
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Tom Peters
Thomas J. Peters (born November 7, 1942) is an American writer on business management practices, best known for ''In Search of Excellence'' (co-authored with Robert H. Waterman Jr.) Life and education Peters was born in Baltimore, Maryland. He went to Severn School, a private, preparatory high school, graduating in 1960. Peters then attended Cornell University, receiving a bachelor's degree in civil engineering in 1964, and a master's degree in 1966. He returned to academia in 1970 to study business at Stanford Business School receiving an MBA followed by a PhD in Organizational Behavior in 1977. The title of his dissertation was "Patterns of Winning and Losing: Effects on Approach and Avoidance by Friends and Enemies." Karl Weick credited Peters' dissertation with giving him the idea for his 1984 article: "Small wins: Redefining the scale of social problems." While at Stanford, Peters was influenced by Jim G. March, Herbert Simon (both at Stanford), and Karl Weick (at t ...
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Tech Central Station
''TCS Daily'' was an online magazine with commentary and analysis on current news from a free-market perspective. It was active between 2000 and 2010. History and profile ''TCS'' is an initialism that now stands for "Technology, Commerce, Society"; when the website was founded in 2000, those three letters stood for its original name, "Tech Central Station." The journal was originally published by DCI Group, a lobbying and PR firm based in Washington, D.C. In 2006, it was sold to Nick Schulz, who had been its editor since 2001.Nick Schulz, "Something Old, Something New," ''TCS Daily'', September 19, 2006. Some critics have written that Schulz is "a paid spokesperson for the oil industry" since his website is sponsored in part by Exxon Mobil. Before the sale, it was "hosted" by James K. Glassman, a resident fellow at the American Enterprise Institute and syndicated columnist. In 2006, he left TCS to become editor of ''The American''; Schulz transferred ownership of ''TCS'' to New R ...
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Reason Magazine
''Reason'' is an American libertarian monthly magazine published by the Reason Foundation. The magazine has a circulation of around 50,000 and was named one of the 50 best magazines in 2003 and 2004 by the ''Chicago Tribune''. History ''Reason'' was founded in 1968 by Lanny Friedlander (1947–2011), a student at Boston University, as a more-or-less monthly mimeographed publication. In 1970 it was purchased by Robert W. Poole Jr., Manuel S. Klausner, and Tibor R. Machan, who set it on a more regular publishing schedule. As the monthly print magazine of "free minds and free markets", it covers politics, culture, and ideas with a mix of news, analysis, commentary, and reviews. During the 1970s and 80s, the magazine's contributors included Milton Friedman, Murray Rothbard, Thomas Szasz, and Thomas Sowell. In 1978, Poole, Klausner, and Machan created the associated Reason Foundation, in order to expand the magazine's ideas into policy research. Marty Zupan joined ''Reason'' in 1 ...
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The Washington Times
''The Washington Times'' is an American conservative daily newspaper published in Washington, D.C., that covers general interest topics with a particular emphasis on national politics. Its broadsheet daily edition is distributed throughout the District of Columbia and in parts of Maryland and Virginia. A weekly tabloid edition aimed at a national audience is also published. ''The Washington Times'' was one of the first American broadsheets to publish its front page in full color. ''The Washington Times'' was founded on May 17, 1982, by Unification movement leader Sun Myung Moon and owned until 2010 by News World Communications, an international media conglomerate founded by Moon. It is currently owned by Operations Holdings, which is a part of the Unification movement. Throughout its history, ''The Washington Times'' has been known for its conservative political stance, supporting the policies of Republican presidents Ronald Reagan, George H. W. Bush, George W. Bush, ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Eric M
The given name Eric, Erich, Erikk, Erik, Erick, or Eirik is derived from the Old Norse name ''Eiríkr'' (or ''Eríkr'' in Old East Norse due to monophthongization). The first element, ''ei-'' may be derived from the older Proto-Norse ''* aina(z)'', meaning "one, alone, unique", ''as in the form'' ''Æ∆inrikr'' explicitly, but it could also be from ''* aiwa(z)'' "everlasting, eternity", as in the Gothic form ''Euric''. The second element ''- ríkr'' stems either from Proto-Germanic ''* ríks'' "king, ruler" (cf. Gothic ''reiks'') or the therefrom derived ''* ríkijaz'' "kingly, powerful, rich, prince"; from the common Proto-Indo-European root * h₃rḗǵs. The name is thus usually taken to mean "sole ruler, autocrat" or "eternal ruler, ever powerful". ''Eric'' used in the sense of a proper noun meaning "one ruler" may be the origin of ''Eriksgata'', and if so it would have meant "one ruler's journey". The tour was the medieval Swedish king's journey, when newly elected, to s ...
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YouTube
YouTube is a global online video platform, online video sharing and social media, social media platform headquartered in San Bruno, California. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It is owned by Google, and is the List of most visited websites, second most visited website, after Google Search. YouTube has more than 2.5 billion monthly users who collectively watch more than one billion hours of videos each day. , videos were being uploaded at a rate of more than 500 hours of content per minute. In October 2006, YouTube was bought by Google for $1.65 billion. Google's ownership of YouTube expanded the site's business model, expanding from generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by YouTube. It also offers YouTube Premium, a paid subscription option for watching content without ads. YouTube also approved creators to participate in Google's Google AdSens ...
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