The Incredible Story of “The PayPal Mafia“

Like all great origin stories, The PayPal Mafia is an origin story that deserves to be told and retold. From Social Media to the auto and aerospace industries, the impact of the PayPal Mafia is amazing, serving as the launching point for six members to become billionaires. Story of PayPal actually begins with Palm Pilots. If you are too young to remember these, Palm Pilots was a specific brand of a device called a personal digital assistant, or PDAs. Before the smart phone era, PDAs were cutting edge handheld PCs with the ability to connect to the internet, they were truly awesome for the time and were getting popular by the late 1990’s. It was in 1998, Peter Thiel and Max Levchin decided to develop technology to allow person to person payments via the use of PDAs, namely Palm Pilots. The story continues from there ...