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Peter Thiel on Innovation and Stagnation

Conversations with Bill Kristol

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How PayPal Succeeded

PayPal started with 24 people using PayPal in October of 1999, which was the 24 people working at our company. And it grew by about 7 to 10 percent compounding daily. Today the PayPal service has probably on the order of 120 million people, people using it.

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