4 ms·
Meet the PayPal mafia
- tsetse-fly 18y agoThis has been posted before. Twice. http://news.ycombinator.com/item?id=79713 http://news.ycombinator.com/item?id=79713 http://news.ycombinator.com/item?id=84297 http://news.ycombinator.com/item?id=84297
- ca98am79 18y agosorry - first time I saw it
- transburgh 18y agoIt doesn't mean new people to YC have read it. If it gets voted up (this article has 11 points as I post this) then it is news to someone (or 11 someones)
- pleasehelp 18y ago> Thiel and Levchin also wanted workaholics who were not MBAs, consultants, frat boys, or, God forbid, jocks. "This guy came in, and I asked what he liked to do for fun," Levchin recalls. "He said, 'I really enjoy playing hoops.' I said, 'We can't hire the guy. Everyone I knew in college who liked to play hoops was an idiot.'" And because paypal was successful, everyone will believe his strategy is perfect. Some sports and drinking are not a death knoll to your tech startup ability. Classic example of just trying to hire everyone that's identical to you, totally missing people out of the ordinary. Yes, working hard and having no life is not that unusual.
- josefresco 18y ago'hyperintelligent' please. More like hyperlucky to get out of the dot-com boom of the late 90's with billions instead of millions.
- colinplamondon 18y agoLucky? They IPO'd after the crash with a profitable business. It's currently worth billions MORE than it was before- eBay got a great deal.
- jmtulloss 18y agoYelp, YouTube, Slide, LinkedIn. All of these are Web 2.0. That doesn't even count what they've invested in on the side.