The PayPal mafia is a group of former PayPal employees and founders who have since founded and developed additional technology companies. These companies include big name such as Tesla , LinkedIn, Palantir Technologies, SpaceX,
Affirm, Slide , Kiva, YouTube and Yammer. In this article we discuss who they are and what they are doing in 2023.
Let’s deep div into these individual names and their founders.
Peter Thiel: PayPal Mafia No. 1
PayPal founder, and the former CEO who is sometimes referred to as the “Don” of the PayPal Mafia. Later founded Palantir and was an early Facebook investor.
German-American billionaire businessman, venture capitalist, and political activist Peter Andreas Thiel. He was the first outside investor in Facebook and co-founded PayPal, Palantir Technologies, and Founders Fund.
Elon Musk : Smartest Business Mafia
Entrepreneur and investor Elon Reeve Musk FRS. He founded The Boring Company, co-founded Neuralink, and OpenAI, served as president of the Musk Foundation, and is the owner and CEO of Twitter, Inc., in addition to being the founder, CEO, and chief engineer of SpaceX, as well as an angel investor, CEO, and product architect of Tesla, Inc.
David O.Sacks: Money Magnet PayPal Mafia
Entrepreneur and investor in internet technology companies, David Oliver Sacks. He co-founded Craft Ventures in late 2017 and serves as general partner of the venture capital firm. Sacks has held previous positions as Yammer’s founder and CEO as well as PayPal’s first COO and product leader.
Former PayPal CEO who later become a partner of venture capital firm Sequoia Capital.
South African actuary, venture capitalist, and board member Roelof F. Botha. Botha serves on the boards of MongoDB, Evernote, Bird, Ethos, Natera, Square, Unity, and Xoom as of 2022. Botha is a partner at Sequoia Capital. In addition, he collaborated with Instagram, Mixpanel, FutureAdvisor, AssureRX, and Mu Sigma.
Steve Chen: PayPal Mafia also known as first Youtuber
Former PayPal engineer who co-founded YouTube.
One of the co-founders and former chief technology officer of the video-sharing website YouTube is Taiwanese-American entrepreneur Steve Chen. He co-founded AVOS Systems, Inc. and created the video-sharing application MixBit before joining Google Ventures in 2014.
a former executive vice president who later founded LinkedIn and was an early investor in Facebook.
American internet business owner, venture capitalist, podcaster, and author Reid Garrett Hoffman. Hoffman served as the executive chairman and co-founder of LinkedIn, a social media platform geared toward businesses and primarily used for professional networking.
Former PayPal engineer who co-founded Yelp Inc.
An American record executive and entrepreneur, Russell Wendell Simmons. He co-founded the hip-hop record company Def Jam Recordings and the apparel brands Tantris, Phat Farm, and Argyleculture. In 2011, Simmons’ net worth was reported to be $340 million.
Here are some more PayPal mafia
former vice president of technology at PayPal who later co-founded yelp
Jeremy Stoppelman is an American business executive. He is the CEO of Yelp, which he co-founded in 2004. Stoppelman obtained a bachelor’s degree in computer engineering from the University of Illinois at Urbana–Champaign in 1999.
farmer engineering manager at PayPal, later worked at Facebook and become CEO of Reddit
Former PayPal web designer who co-founded YouTube.
Chad Meredith Hurley is an American webmaster and businessman who serves as the advisor and former chief executive officer of YouTube. He also co-founded MixBit. In June 2006, he was voted 28th on Business 2.0’s “50 People Who Matter Now” list. Wikipedia
Jawed Karim: PayPal Mafia also Our first Youtuber.
Former PayPal engineer who co-founded YouTube Dave
American software developer and internet business owner Jawed Karim is of Bangladeshi and German ancestry. He was the first user to upload a video to YouTube and a co-founder of the platform.
Former PayPal marketing, director, later became an angel investor for start-up companies and founder of 500 Startups which has hit 500+ investment
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