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Peter Andreas Thiel (/ t iː l /; born 11 October 1967) is an American entrepreneur, venture capitalist, and political activist. [1] [2] [3] A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook.
eBay, PayPal, Kijiji and StubHub, 500 King Street West, Toronto, April 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; it serves as an electronic alternative to traditional paper methods such as checks and money orders.
The PayPal Mafia is a group of former PayPal employees and founders who have since founded and/or developed additional technology companies based in Silicon Valley, [1] such as Tesla, Inc., LinkedIn, Palantir Technologies, SpaceX, Affirm, Slide, Kiva, YouTube, Yelp, and Yammer. [2]
PayPal is acquired by eBay for $1.5 billion in eBay stock. The product and userbase grow steadily, faster than the parent company eBay. mid-2010 – September 2014: PayPal moves aggressively into new territory, including micropayments, mobile payments, in-store payments, international expansion, and more tools for small and medium businesses ...
After a corporate restructuring, which involved the removal of Elon Musk from the company, the company adopted the name PayPal Inc. [citation needed] PayPal made an Initial Public Offering on the NASDAQ stock exchange on February 14, 2002. [7] The company was purchased by eBay in a $1.3 billion stock deal announced on July 8, 2002.
In 2008, [9] he founded Zong, an offshoot of Echovox that allowed users to pay for items online directly through their mobile phone bills. [7] [8] Zong was acquired by eBay's PayPal in August 2011 for $240 million, and Marcus joined PayPal as vice president and general manager of the company's Mobile Division. [3]
Kenneth Alan Howery (/ ˈ h aʊər i /; born November 4, 1975) is an American entrepreneur and diplomat.He is a co-founder of PayPal [1] and Founders Fund. [2] He served as the U.S. ambassador to Sweden from 2019 to 2021 under President Donald Trump.
While working at PayPal in 2002, he met Chad Hurley and Steve Chen. Three years later, in 2005, they founded the video-sharing website YouTube. [14] Karim created the first account on YouTube, "jawed", on April 23, 2005 PDT (April 24, 2005 UTC), [15] and uploaded the website's first video, "Me at the zoo", the same day. [16] [17]