He was the first major outside investor in Facebook and contributed early funding to Yelp and LinkedIn, along with a number of other ventures launched by his PayPal peers. Thiel cofounded the big data firm Palantir in 2003. Thiel went on to cofound Founders Fund, a venture capital firm that has helped launch companies like SpaceX and Airbnb. Thiel’s 3.7% stake was worth a reported $55 million. Thiel served as CEO of PayPal until October of 2002, when eBay acquired it for $1.5 billion. The platform was intended to give consumers an easier option for transferring money from handheld devices – the PalmPilot was one such device at the time. Though it wouldn’t become a household name for years to come, PayPal was launched all the way back in 1999 as an offshoot of Thiel’s first company, Confinity. The so-called “don” of the PayPal Mafia is founder Peter Thiel. You might want to break out your thumb tacks and red string, because the connections in this web run deep. Here’s a rundown of the most prominent members of this exclusive group and what they’re up to two decades later. Known for their entrepreneurial mindset and anti-establishment attitude, this elite group is known as the “PayPal Mafia,” and they all put in time during the payment platform’s early days some 20 years ago. What do the founders of YouTube, Yelp, Tesla, and LinkedIn have in common? Apart from leading massively disruptive technology companies, their founders all share a common resume line item: employment at PayPal. Some are household names, like Elon Musk, but others who you might not have heard of have been impactful behind the scenes. Known for their entrepreneurial mindset and anti-establishment attitude, this elite group is known as the “PayPal Mafia.” Since working at PayPal in the early 2000s, these 23 entrepreneurs have all gone on to impact Silicon Valley and the startup world by founding companies and backing new ventures. Here’s where the original members have ended up. Home » Startups » The ‘PayPal Mafia’ formed in the early 2000s, and includes everyone from Elon Musk to the Yelp founders. Api API Marketplace api marketplace advantages api marketplace business api marketplace developer portal api marketplace engineering api marketplace examples api marketplace guide api marketplace south africa API Monetization api monetization business model api monetization cloud api monetization javascript api monetization models api monetization platform api monetization python api monetization strategies api monetization tool api monetization update Apis b2b api marketplace best api marketplace brand categorization API Classify company API classify domain API Company API Company categorization API content categorization API Developers domain API free categorization API free categorization software free website categorization API monetization of an api natural voices open banking api monetization realistic voices sell APIs startups Text text to speech website API website categorization website categorization API website category API
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