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The trick here is to realize that this is not a sum of the money that the three people paid originally, as that would need to include the money the clerk has ($25). This is instead a sum of a smaller amount the people could have paid ($9 × 3 people = $27), added with the additional money that the clerk would not have needed had they paid that ...
Hoffman was a member of PayPal's board of directors at the time it was founded. [20] In January 2000, he left SocialNet and joined PayPal full-time as the company's COO. [19] [21] In June 2000, Hoffman became PayPal's Senior VP of Business Development, after a re-organization of PayPal's executive structure by then-CEO Elon Musk. [22]