Chapter 1483 The largest elite group in Silicon Valley!
After EBAY acquired PayPal in 2002 for US$1.5 billion, most of the approximately 600 PayPal members went their separate ways.
At that time, EBAY would have never imagined that what it got was sesame seeds and what it lost was watermelons.
The absolute value of PayPal is not very large, especially in Europe and the United States, where the credit card economy and virtual economy are strong. Even after 10 years, its overall value still does not exceed 10 billion US dollars.
But the total value of the company created by the group of people who founded PayPal after leaving PayPal exceeded US$100 billion.
You read that right.
100 billion US dollars.
Just a lot more.
If EBAY keeps the people from PayPal, I dare not say that they can create so much wealth, but at least as a venture fund's investment, they will definitely get much more than PayPal itself.
At this time, the "Fortune" magazine in Xiao Qi's hand published a famous article called "PayPal Alliance. Gang". In fact, when talking about the word "Alliance. Gang", it just means to attract attention.
, this faction has nothing to do with crime at all.
The article talks about how powerful the PayPal system is, how deep its personal connections are, and how profoundly it affects the American Internet technology industry.
Come and see how many companies these geniuses have created that we know of.
The first is the trio of PayPal entrepreneurs: Pete Thiel, Reid Hoffman and Elon Musk.
After Pete Thiel left PayPal, he founded a hedge fund and a venture capital company. There are many successful cases. Among them, the most insane, the most despised, and the one that must be severely condemned is
I invested $500,000 in a company called Facebook and obtained 10% of the stock.
You know, even now, although Facebook is not listed, Tang Mingxiang still obtained 10% of Facebook shares for US$2 billion. Not to mention the high price of US$200 billion after the listing!
500,000 VS 20 billion.
A full 100,000 times profit, what kind of profit is this?
With this one move alone, Peter Thiel would rank among the world's greatest investors.
Next is Reed Hoffman, who Xiao Qi had business contact with. LinkedIn allowed him to earn US$210 million in cash, plus US$100 million worth of stock holdings.
But in fact, after LinkedIn went public in the previous life, its market value peaked at US$25 billion, and Hoffman directly benefited from it in excess of US$5 billion, which is much more than it is now.
In addition to LinkedIn, Hoffman also invested in Zynga, a social game company that created the APPSTORE sales miracle, Tagged, a new generation of social networking site star, and social music platform last.fm, etc.
The company last.fm happened to be acquired by CBS for US$280 million this year. Hoffman also received more than US$100 million in income from it.
Zynga's market value reaches a maximum of 20 billion US dollars, and Tagged's valuation in 2013 also exceeded 5 billion. Hoffman, who holds a large share of shares in both, can imagine his actual assets in his previous life.
It has exceeded at least 10 billion US dollars.
It is precisely with so many outstanding and successful entrepreneurial venture capital that Hoffman has become one of the most successful angel investors in Silicon Valley. Many people who want to obtain investment come to him, so that he has a network of relationships in Silicon Valley.
Even more than Pete Thiel. He was called the "King of Silicon Valley Connections" by the New York Times.
The third one, Elon Musk, has a bigger background. You can understand him by just saying one thing.
Have you heard of "Iron Man"?
Although the prototype of "Iron Man" is not Musk, Robert Downey Jr.'s version of "Iron Man" is based on this suave American super-rich man.
After leaving PayPal, he used his own money to acquire two companies. One is SpaceX, which is trying to commercialize space travel. It has huge R&D and commercial capabilities such as rocket launches. The other one was extremely popular in 2013.
electric car manufacturer Tesla.
In the era of high oil prices, Tesla was almost considered the hope of future transportation. Even Larry Page, one of the founders of GOOGLE, said in a public speech that if he died, he would
He will not donate his 23 billion U.S. dollars of property to any charity, but will donate it to people who can change the world, and this person refers to Musk!
The three giants are so brilliant and look up to but out of reach, but they also have very good people under their command.
Roloff Bosa is the major shareholder of Square, a mobile payment company that has been hotly speculated since 2012. He is also the major shareholder of Tumblr, a light blogging website, with a net worth of more than two to three billion US dollars.
Max Lavchin is the founder of the social game company Slide and the chairman of the board of directors of Kaggle, a joint platform for high-end scientists. He has a net worth of more than 1 billion US dollars.
David Sacks created Yammer, the world's largest corporate microblogging platform. In 2013, it attracted tens of millions of employees from more than 500,000 companies. It is called a more professional version of Twitter.
Stoppelman and Simmons founded Yelp, the largest store review website, and both have a net worth of more than $800 million.
Hurley and Chen Shijun, the founders of YOUTUBE, were sold to GOOGLE for US$1.6 billion.
…
Wait wait wait.
PayPal's faction has such a large number of talents, which is comparable to the superstars from Hong Kong TVB back then! - Although the number of people is not that large, the impact on the entire Silicon Valley and the world is really no less than that of the TVB stars.
Impact on Hong Kong.
Xiao Qi had read this article in his previous life, and when he picked up Fortune magazine again in this life, he saw the group of people in it, thought of their more glorious achievements in the future, and suddenly thought of his recent imminent wealth plan.
To implement this wealth plan, the young man just needed an important figure in the "PayPal Alliance."
He is Reed Hoffman, the king of connections in Silicon Valley!