PayPal

“Well, I invested in PayPal, and you know, I mean, I'm not at all worried about my outcome, but then amazingly, of course, the bubble burst six months later”

“I think Bitcoin will in the fullness of time, it's certainly 10 X, it will be 10 X PayPal. It may be 10 X gold.”

“Model view controller leads to centralization because technologically we couldn't represent global state. We couldn't decentralize the database. Okay. We had to have it a central hub like a Facebook or a Twitter or a PayPal which are great companies. Don't get…”

“Elon Musk, you know, had X.com and Peter Thiel had Confinity and they merged to become PayPal and both of them were probably going to die otherwise. That was the only way they could survive was to merge.”

“When we were building PayPal, I was a kid there Eliot Spitzer kept trying to destroy the company with regulation, and he came very close to doing so, and in Europe, there actually were companies that, that were destroyed by the regulators, so it's funny, like,…”

“PayPal, they threatened to take away 2500 dollars out of your account if you were caught inciting hatred or misinformation, which they were defining as they wanted. This actually red pilled the former PayPal CEO, David Marcus, who ended up speaking out on the …”

“Well, the A players at PayPal, who would be massively successful there, are not the same players as the A players at Apple, who can be massively, so you actually get these areas of coherence and cultural identity”

“I took computer science at Stanford and I actually, it was very theoretical, which I enjoyed as well. I think you should have some theory, but I actually learned a hell of a lot more from like working at PayPal and working around other kind of engineers and fo…”