TIP417: The Incredible Story of the PayPal Mafia W/ Jimmy Soni

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 28 January 2022

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU'LL LEARN: 1:50 - Who are the members of the Paypal Mafia, their origin stories, and how PayPal came to be. 36:35 - The many trials that Paypal endured. 50:24 - The culture at Paypal and how it developed. 57:59 - Jimmy's main takeaways having personally interviewed each billionaire and years of additional research. And a whole lot more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Jimmy Soni’s Book, The Founders. Jimmy Soni’s Twitter. Trey Lockerbie’s Twitter. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. 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Transcript

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0:00.0	You're listening to TI-P.
0:03.2	Today's episode is a fun one where I sit down with author Jimmy Sony to discuss his new
0:07.6	book The Founders, the story of PayPal and the entrepreneurs who shaped Silicon Valley.
0:13.2	The original team at PayPal has become known as the PayPal Mafia because nearly all of
0:18.5	them went on to found other multi-billion dollar companies.
0:21.9	For example, Elon Musk went on to found Tesla and SpaceX, Peter Tio went on to found Palantir,
0:27.9	read Hoffman went on to found LinkedIn, Max Levchin with a firm and others David Sachs
0:32.9	founded Yammer, I mean the list goes on.
0:35.7	How on earth did all of these founders get lightning to strike more than once?
0:39.9	It all originated with PayPal.
0:41.9	This is a story widely understood but hardly explored in depth.
0:46.0	In this episode we discuss members of the PayPal Mafia and their origin stories.
0:50.8	How PayPal came to be, the many trials that PayPal endured, the culture at PayPal and
0:56.5	how it developed, Jimmy's main takeaways having personally interviewed each billionaire
1:01.3	and years of additional research and a whole lot more.
1:04.9	This is the kind of story that would make a great movie.
1:07.8	You'll be able to see quickly and clearly that Jimmy has done an immense amount of research
1:11.6	and provides some amazing insights.
1:13.5	I hope you enjoy it.
1:14.8	Here's my conversation with Jimmy Sony.
1:18.0	You are listening to THE Investors Podcast.
1:23.9	So we study the financial markets and read the books that influence self-made billionaires
	...

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