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PayPal: Max Levchin (Part 1 of 2)
How I Built This with Guy Raz
Ebe Was Trying to Shut You Down
Papel was providing a service to a million plus be sellers, helping them collect credit cards on line. Ebe did not have a revenue share arrangement, or just a service available to b sellers and buyers. They had their own service that they had fully acquired, or acquired and then built up called bill point. Right round the same time as paypal was founded. And so it was kind of a race which they should have absolutely won, because they had a product that was supposed to do what we did.
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