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PayPal ft. Max Levchin - A merger of enemies that reshaped Silicon Valley

Crucible Moments

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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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