PayPal burned through dangerous amounts of cash to attract new customers. The fierce competition fomented by the investment in turn generated intense pressure all-nighters were common. PayPal was born during the internet boom of the late 1990s, when money poured into Silicon Valley. Both found success with features that let customers transfer money using email. Paypal founders software#The origin story starts with two other companies: Confinity, co-founded by Mr Thiel, which planned to build software to beam money between PalmPilots, then must-have devices for businessfolk and X.com, co-founded by Mr Musk, which was meant, as he put it, to be “the Amazon of financial services”, offering internet users everything from mortgages to credit cards to insurance. Paypal founders plus#
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