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2min chapter
Jimmy Soni, his book The Founders, and the many lessons of Paypal
The Alchemy of Money
The Last Hedge in Papal Success
Papal success was an exercise in careful hedging as much as it was in innovating. And the sal to ebe was simply the last hedge, he says. The risk mitigation is so so, if you think about the decision to sell to eb, right? It's not widely it'sifor for a lot of employees,. There were differences of opinion at the time about whether this was the right thing to do or the wrong thing to do.
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