The company helps students and graduates develop viable business ideas. In 2008, Karim founded Youniversity Ventures with early PayPal investors Kevin Hartz and Keith Rabols. Once YouTube was acquired by Google, Karim sold his shares which at the time were worth $64 million. Karim continued to act as an advisor while studying computer science at Stanford University. Once his tenure ended, Karim founded YouTube with former PayPal colleagues Steve Chen and Chad Hurley. Jawed KarimĪt PayPal, Karim was responsible for implementing the company’s real-time anti-fraud system.
Paypal mafia jack twitter musk musk software#
Thiel is also the co-founder of Palantir Technologies, a software and data integration company with clients in the United States Government, military, intelligence, and police.
His original $500,000 investment would now be worth approximately $9 billion, though the billionaire reduced his holdings by 81% in 2020. Thiel earned $55 million from his 3.7% stake in PayPal after it was sold to eBay, after which he created the hedge fund Clarium Capital and became the first outside investor in fledging Facebook. Often referred to as the “Don” of the PayPal Mafia, Peter Thiel is one of the original co-founders of PayPal. Making Elon Musk’s net worth well past the hundred billion-dollar mark. Most of Elon Musk’s wealth comes from Tesla, as he’s the major shareholder for the company. After eBay acquired PayPal for $1.5 billion in 2002, Musk used his personal wealth to fund his new ventures: Tesla and SpaceX. Elon Musk has made most of his money by investing in ideas and companies he is passionate about. Tesla started as an electric sports car niche player, eventually turned into a mass manufacturing electric car maker. He founded other companies like Tesla (he didn’t start it but became a major investor in the early years) and SpaceX. After selling his first startup, Zip2, in 1999, he made $22 million, which he used to found X.com, which would later become PayPal, and sell for over a billion to eBay (Musk made $180 million from the deal).
0 kommentar(er)
