Frederik's Labyrinth cover image

Jimmy Soni, his book The Founders, and the many lessons of Paypal

Frederik's Labyrinth

CHAPTER

The Challengers Come From All Various Directions

The story of fiser over the last three years, it's going to look more like shakespeare than it is like science. The reason that max and peter and their sort of side of the company clashed with a elon is because of a difference of found or vision. It was, elon wanted to build xa common to a financial service super store. We're running out of money because of fraud, and because we have, ye, know, overhead and we're doing bonuses. We don't have much money left. A 12 point five million dollar burn rate against 60 million or so in funding is only going to last you x amount of time,. And its not going to

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