Fintech Takes

S7 E3: The WILD Story of PayPal’s Origin, with Author Jimmy Soni


Listen Later

Elon Musk, Amy Rowe Klement, Peter Thiel, Julie Anderson, Max Levchin, Reid Hoffman. 

What do these powerhouse entrepreneurs all have in common? 

Hint: They all played a role in the meteoric rise of PayPal.

Find out the intricate web behind one of the biggest startups in the world, as Alex chats with the author of "The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley," Jimmy Soni.

They dive into the history of PayPal and discuss the early days of the company, its vision, and the talented individuals who were part of its success. How did PayPal start as the result of a broken AC unit and a simple ploy to get free air conditioning from a college campus? How did Elon Musk’s role in PayPal fundamentally shape his views on banking? Find out how some of today’s most seminal minds collided and how things culminated into the height of Silicon Valley’s fintech revolution.

For a fascinating glimpse into one of history’s most fundamentally impactful fintech companies, you don’t want to miss this ep!

Read “The Founders” here.

 

TruStage Payment Guard Insurance is a first-of-its-kind insurance solution built for digital lenders, designed to help you attract more borrowers, strengthen your loan portfolio and reduce time spent on collections — all with minimal tech lift needed to go live.

To learn more about Payment Guard Insurance, visit https://www.trustage.com/payment-guard.

 

00:01:59 - Book on PayPal's Genius Team

00:09:02 - Paths Crossed: Silicon Valley Engineers

00:13:21 - Evolution of PayPal Founder's Ideas

00:19:21 - David Sacks: From Email to Product Officer

00:21:31 - Elon Musk's Early Banking Experience

00:24:03 - Elon Musk's Financial Services Interest

00:32:33 - eBay and X.com's Email Money Concept

00:39:13 - PayPal's Merger Against Elon's Will

00:44:32 - Shorting the Stock Market: Peter Thiel's Proposal

00:50:39 - PayPal's Evolution in Fintech Industry

00:52:24 - PayPal: From Startup to Modern Regulations

00:57:37 - Elon Musk's Vision for Efficiency

 

Sign up for Alex’s Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/

 

And for more exclusive insider content, don’t forget to check out my YouTube page.

 

Follow Jimmy: 

Website: https://jimmysoni.com/books/the-founders/

Book: https://www.amazon.com/exec/obidos/ASIN/1501197266

LinkedIn: https://www.linkedin.com/in/jimmysoni/

 

Follow Alex: 

YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos

LinkedIn: https://www.linkedin.com/in/alexhjohnson

Twitter: https://www.twitter.com/AlexH_Johnson

...more
View all episodesView all episodes
Download on the App Store

Fintech TakesBy Alex Johnson

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

12 ratings


More shows like Fintech Takes

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,309 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

31,914 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,007 Listeners

Slate Money by Slate Podcasts

Slate Money

1,013 Listeners

Odd Lots by Bloomberg

Odd Lots

1,765 Listeners

Fintech Insider Podcast by 11:FS by 11:FS

Fintech Insider Podcast by 11:FS

187 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,288 Listeners

Eye On The Market by Michael Cembalest

Eye On The Market

282 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

8,765 Listeners

Hard Fork by The New York Times

Hard Fork

5,370 Listeners

web3 with a16z crypto by a16z crypto, Sonal Chokshi, Chris Dixon

web3 with a16z crypto

62 Listeners

Fintech Business Podcast by Jason Mikula

Fintech Business Podcast

8 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

438 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

372 Listeners

Complex Systems with Patrick McKenzie (patio11) by Patrick McKenzie

Complex Systems with Patrick McKenzie (patio11)

115 Listeners