What Are You Doing to Diversify Your Revenues?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Papal fans in the cellar base basically protested. eba was always very careful not to step on ther cellars toast too much, because that's were all venu came from. So they could have, they could have completely crushed bot. They could ave said, we cald only use bill point on eba straight and they tried at various times. That was the great unspoken, or maybe spoken in the pape halls concern. All o our attempts to diversify away from the dependency on eb volume or kind of futile.

During its formative years in the late 1990's, Paypal attracted an extraordinary group of young entrepreneurs, who then went on to build some of the best known companies in tech. They became known as The PayPal Mafia—and Max Levchin was one of the leaders. A computer genius from Soviet Ukraine, Max joined Peter Thiel, Elon Musk, Reid Hoffman and others as they grew PayPal into a massively successful online payment service. Along the way, they encountered almost every start-up challenge imaginable, including the emotional ouster of Elon Musk as CEO. After PayPal was acquired by eBay in 2002, Max couldn't sit still, so he launched a startup lab that eventually led to another successful fintech company: Affirm. Guy will talk to Max about Affirm next week, in the second episode of this two-part series.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.