Chapter 1
The birth of PayPal
Chapter 2
The secret sauce of PayPal
Chapter 3
Building the modern web
Chapter 4
Reaching for the stars
YOUR GOAL
Master of The PayPal mafia
Ch 1 · The birth of PayPal
steve The birth of PayPal
PayPal Mafia, oh yeah! Built an empire, filled with flare! Tesla, YouTube, LinkedIn bright! Changed the tech world, day and night!
steve While Elon Musk was on a delayed honeymoon in 2000, PayPal board members replaced him with Peter Thiel.
steve Elon Musk's rival financial startup X.com merged with Confinity in 2000 to end a costly marketing war.
Fun Fact
PalmPilot payments: In 1999, the first PayPal transaction was sending three million dollars from a venture capitalist's PalmPilot to Peter Thiel's device.
Glossary
cryptography (noun)
The science or practice of coding and decoding information so that it remains secure. In 1999, Peter Thiel and Max Levchin used this technology to secure their initial digital payment product.
The science or practice of coding and decoding information so that it remains secure. In 1999, Peter Thiel and Max Levchin used this technology to secure their initial digital payment product.
Quiz
In what year did Peter Thiel and Max Levchin co-found their digital encryption startup?
Quiz
What was the name of Elon Musk's online financial services startup that merged with Confinity?