The PayPal Mafia is a legendary group of tech pioneers, including Elon Musk, Peter Thiel, and Reid Hoffman, who have left an indelible mark on Silicon Valley. Let's take a closer look at where these influential figures are today.
Peter Thiel: The Don of the PayPal Mafia
As one of the founders of PayPal, Peter Thiel played a pivotal role in shaping the company's success. After PayPal's acquisition by eBay, Thiel went on to co-found Founders Fund, a renowned venture capital firm that has backed major players like SpaceX and Airbnb. With a net worth of $15.9 billion, Thiel continues to make waves in the tech and investment world.
Max Levchin: The Consigliere of the PayPal Mafia
Max Levchin, another PayPal co-founder, is known for his contributions to the company's anti-fraud efforts. He later founded Affirm, a fintech company that went public in 2021. Levchin's diverse portfolio includes investments in Yelp and Glow, showcasing his entrepreneurial prowess.
Ken Howery: From PayPal CFO to US Ambassador
Ken Howery, PayPal's former CFO, transitioned into the role of US Ambassador to Sweden. Alongside Peter Thiel, Howery co-founded Founders Fund and continues to be active in the venture capital scene. His philanthropic endeavors, including donations to political causes, highlight his commitment to making a difference.
Elon Musk: The Maverick Innovator
Elon Musk, the founder of X.com (which merged with PayPal), has become a household name with his ventures like Tesla and SpaceX. As the world's richest person, Musk's vision extends to projects like Neuralink and the Boring Company, showcasing his relentless drive for innovation.
Luke Nosek: The Angel Investor
Luke Nosek, a PayPal co-founder, has made significant contributions to the tech world as an angel investor. His involvement in ventures like SpaceX and ResearchGate underscores his keen eye for groundbreaking opportunities.
Reid Hoffman: The LinkedIn Luminary
Reid Hoffman, a PayPal board member and COO, co-founded LinkedIn and has become a prominent figure in Silicon Valley. With investments in Facebook and a role at Greylock Partners, Hoffman continues to shape the startup landscape.
David Sacks: From PayPal COO to Startup Guru
David Sacks, PayPal's former COO, has embarked on a journey as a serial entrepreneur and investor. His ventures like Geni.com and Craft Ventures highlight his adaptability and vision in the ever-evolving tech industry.
These are just a few members of the legendary PayPal Mafia, whose collective impact continues to resonate in the tech world and beyond.
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By: insider@insider.com (Tami Brehse,Kylie Kirschner ,Jaures Yip,Sarah Jackson)
Title: The PayPal Mafia: Where Are They Now?
Sourced From: www.businessinsider.com/paypal-mafia-members-elon-musk-peter-thiel-reid-hoffman-companies
Published Date: Sat, 07 Dec 2024 14:38:11 +0000
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