PayPal ft. Max Levchin - A merger of enemies that reshaped Silicon Valley
Crucible Moments
PayPal's Battle Against Fraud
This chapter discusses the efforts made by a Silicon Valley startup, PayPal, to curb fraud in their transactions and the significant decrease in money lost to fraud each month. It highlights the initial high rate of fraudulent transactions and the long-lasting impact of PayPal's fraud-fighting tools.
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