Guide Note:
The PayPal Mafia is a nickname for a group of early investors and developers who helped to start PayPal. The nickname was allegedly self-given. According to Fortune magazine, endeavors with PayPal Mafia involvement were worth $30 billion as of November, 2007. Fast Facts:
- November 26, 2007: First print mention of the term
- Where: Fortune magazine
- Members include: Reid Hoffman, Elon Musk, Daniel Issen, David Sacks, Peter Thiel, Max Levchin, Roelof Botha, Jeremy Stoppelman, Jawed Karim, Chad Hurley, Steve Chen, Premal Shah
- Several "members" left on bad terms
Quotes:
- Levchin on PayPal hiring policy: "He thinks like me, he's just as geeky, and he doesn't get laid very often. Great hire! We'll get along perfectly."
- Botha: "The difference between Google and PayPal was that Google wanted to hire Ph.D.s, and PayPal wanted to hire the people who got into Ph.D. programs and dropped out."
Paypal Mafia Members
Reid Hoffman
- Wikipedia: Reid Hoffman
- LinkedIn: Reid Hoffman
Elon Musk
- Wikipedia: Elon Musk
David Sacks
- Wikipedia: David O. Sacks
Peter Theil
- Wikipedia: Peter Thiel
- LinkedIn: Peter Thiel
Paypal Mafia News
- Topix.net: Paypal Mafia
- Google News: Paypal Mafia
- Yahoo! Finance: AdBrite Hires Daniel Issen as Vice President of Engineering: Financial News (February 28, 2008)
- Wired: How PayPal Gave Rise to a Silicon Valley 'Mafia' (November 15, 2007)
- New York Times: It Pays to Have Pals in Silicon Valley (October 16, 2006)
- Forbes: The PayPal Exodus (July, 12 2006)
- CNET: eBay picks up PayPal for $1.5 billion - CNET News.com (July 8, 2002)
- University of Illinois: PayPal Alumni: Making an Impact in Silicon Valley
- CNN Money: The PayPal Mafia (November 26, 2007)
- New York Times: It Pays to Have Pals in Silicon Valley (October 17, 2006)
Paypal Mafia Blogs and Commentaries
- Google Blog Search: Paypal Mafia
- Valleywag: PayPal Mafia Tagged Posts
- Venture Explorer: Will Google Spawn a Mafia - Like PayPal? (January 2008)
- Inside the 'PayPal Mafia' - Newser (November 15, 2007)
- Valleywag: Picture Of The Day: The PayPal Mafia Personified (October 26, 2007)
- GigaOM: The PayPal Mafia (October 16, 2006)
- TechCrunch: Here Comes The Google Mafia (December 28, 2007)
Paypal Mafia Books, Images and Video
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