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Every so often, a group of talented individuals come together for a brief time to create history, before moving on to create their individual legacies. The 1992 USA men’s basketball “Dream Team”, the Avengers movies, and the Manhattan Project are historic examples. In the tech realm, one could argue that the closest parallel to this would be the Paypal Mafia. But what made this eclectic group so unique, and what contributed to them having an outsized impact on the future of the tech industry?
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Video: The PayPal Mafia
“Wherever there's opportunity, the mafia will be there.”
– Johnny Kelly
The PayPal Mafia is an infamous group of individuals who were early employees, executives, and founders of the online payment company PayPal. After the company's acquisition by eBay in 2002, many members of the PayPal team went on to achieve remarkable success as entrepreneurs, investors, and business leaders. This influential network includes names like Elon Musk, Peter Thiel, Reid Hoffman, Max Levchin, and many more.
Their collective impact on the technology industry and beyond is undeniable, as they have founded or co-founded companies such as Tesla, SpaceX, LinkedIn, YouTube, Yelp, and Palantir. In this week’s recommended content, Slidebean dives into the backstory of the PayPal Mafia.
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