The Genesis of PayPal

This chapter explores the origin story of PayPal, highlighting the early days of its co-founding by Max Levchin and Peter Thiel along with their team's contributions. It examines the technological advancements and aspirations that laid the groundwork for digital payments, including innovations such as infrared data transfer and digital wallets. Additionally, the chapter reflects on the competitive landscape among fintech startups in the late 1990s, showcasing the humor and rivalry that characterized that innovative era.