Who is paypal owner

Snoop Dogg. The cost? The Thiel Fellowship: meet the college dropouts ready to change the world. Controversy accompanied his exit from Square, with a threat of a lawsuit over sexual harassment claims by a male employee who allegedly obtained a job at the company after beginning a relationship with Rabois.

Rabois is now a partner at venture capital outfit Khosla Ventures and serves on the board of directors at Yelp and Xoom. By the time of the eBay takeover, he was executive vice president. A year and a day later, Google closed Slide and Levchin departed. He had joined the company prior to his graduation from the Stanford School of Business, becoming director of corporate development. His extra curricular business pursuits include sitting on the boards of 13 companies, including Jawbone, Evernote, Tumblr and Xoom.

Fresh from his high end gap year, Simmons launched Learnirvana in , a web tutor program that helps users learn languages. Estimated net worth: Very difficult to discover. After PayPal: Strap yourselves in. In May , their Dragon spacecraft ensured SpaceX became the first commercial vehicle to launch and dock a vehicle to the International Space Station.

He assumed leadership of electric car firm Tesla Motors in and in unveiled a proposal for a new form of transportation between the Greater Los Angeles area and the Bay Area in San Francisco. For you. World globe An icon of the world globe, indicating different international options. Get the Insider App. Click here to learn more. A leading-edge research firm focused on digital transformation. Good Subscriber Account active since Shortcuts. It was established in as Confinity and by was opened up to outside investors under the name PayPal.

Thiel is a German-American billionaire who established his own venture capital in that invested in PayPal's baby company, Confinity. He was introduced to the business by friends and co-founders Levchin and Nosek, and became its Chief Executive until it was sold in Nosek, a Poland-born American entrepreneur, is a computer engineer who worked on a range of software projects before coming PayPal's Vice President of Marketing and Strategy.

Like Nosek, Levchin also worked on a range of projects and created a company that allowed users to store encrypted data in a "digital wallet", and eventually developed PayPal. Thiel then went to Stanford, which he hated.

While labouring in that arid wasteland, he co-authored a book, The Diversity Myth: Multiculturalism and Political Intolerance on Campus , which brought him to the attention of the most poisonous segments of American conservatism and in a way launched him on the contrarian track that has since defined his life.

Abandoning his legal career, he tried to use his growing political notoriety to set up a hedge fund. The idea was to use digital IOUs instead of dollars to buy stuff. They have also provided their hero with a cadre of devoted followers who have helpfully burnished his myth as he climbed the greasy pole to his current obscene wealth.

Chafkin is a terrific journalist and he has provided a detailed, impeccably researched account of this journey.