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Paypal Quotes
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Text Quotes
Of the six people who started PayPal, four had built bombs in high school (Paypal Quotes)
If I had known how hard it would be to do something new, particularly in the payments industry, I would never have started PayPal. That’s why nobody with long experience in banking had done it. You needed to be naive enough to think that new things could be done. (Paypal Quotes)
My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70m in Tesla, and $10m in Solar City. I had to borrow money for rent. (Paypal Quotes)
I think if you look at the commonalities between eBay, PayPal and OpenTable, all three are businesses that built a network in a vertical. Network effect businesses are very attractive businesses. (Paypal Quotes)
With PayPal, you have to send people over to their website... whereas with Stripe, we offer a way to integrate payments into the website, on the website or into a mobile app. That is what all the best businesses care about, so we make it very easy, very fast, very simple and very cheap to do this. (Paypal Quotes)
One of the things we did at PayPal was collaborative filtering and machine learning: looking at patterns of human behavior. We used it there to predict when people would try to cheat the system to get money. But you can predict pretty much any behavior with a certain amount of accuracy. (Paypal Quotes)
We had a mission at PayPal - which was to create a new financial system, a new world currency, and we failed. We were a financial success, but we didn’t succeed at the purpose of our company. (Paypal Quotes)
Technologies like PayPal foster competition because they enable people to shift their funds from one jurisdiction to another, and I think that ultimately will lead to a world in which there’s less government power and therefore more individual control. (Paypal Quotes)