5 ms·

I prefer petty thieves to institutional ones.

• davidw 16y ago
  From what I read about some of their early troubles, some of the thieves trying to use the system were anything but petty.
  • meinhimmel 16y ago
    Do you have a link? I'd really like to read more about that.
    • davidw 16y ago
      It's more a vague recollection. Isn't there something about it in "Founders at Work"?
      • ashearer 16y ago
        In "Founders at Work", one of the PayPal founders claimed that in the early days they were losing $10 million a month to fraud, and rising fast enough that it would soon eclipse profit, when they chose to develop an aggressive anti-fraud system.
    • fakelvis 16y ago
      It's discussed at length in Eric M. Jackson's[1] The PayPal Wars[2]. [1] Former PayPal marketing executive [2] http://en.wikipedia.org/wiki/The_PayPal_Wars http://en.wikipedia.org/wiki/The_PayPal_Wars