Trey Lockerbie interviews author Jimmy Soni, to discuss his new book The Founders - the story of Paypal and the entrepreneurs who shaped Silicon Valley. The original team at Paypal has become known as the “Paypal mafia,” because nearly all of them went on to found other multi-billion dollar companies. For example, Elon Musk went on to found Tesla and SpaceX. Peter Theil went on to found Palintir. Reid Hoffman went on to found LinkedIn and there’s more! Max Levchin with Affirm and others. David Sacks founded Yammer. How on earth did all of these founders get lightning to strike more than once? It all originated with Paypal. This is a story widely understood, but hardly explored in depth. IN THIS EPISODE, YOU'LL LEARN: 0:00:00 - Intro 0:01:21 - Members of the PayPal Mafia and Their Origin Stories 0:04:28 - Research Behind the Founders Book 0:08:50 - Max Levchin 0:13:14 - Peter Thiel 0:15:30 - How Peter Thiel and Max Levchin Met 0:17:56 - Elon Musk 0:24:44 - X.com and Confinity Merger 0:33:36 - The Many Trials That PayPal Endured 0:43:28 - The Culture at PayPal and How It Developed 0:51:00 - Jimmy’s Main Takeaways Having Personally Interviewed Each Billionaire and Years of Additional Research 📌 Get your first 3 months of investment management with Titan for zero fees https://www.titan.com/TIP ✔️ Subscribe to Bitcoin Fundamentals/We Study Billionaires podcast show: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/episodes/the-incredible-story-of-the-paypal-mafia-w-jimmy-soni/ 📖 BOOKS MENTIONED: - The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley - https://amzn.to/3r15XRe Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😁 ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast 🐦Twitter: https://twitter.com/tip_network?lang=en ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.