PayPal was founded by Max Levchin and Peter Thiel in 1998. It went public in 2002 and soon afterwards finally was sold to eBay. Most managers and key persons of PayPal then left the company and launched various further business ventures, such as Youtube, LinkedIn, Facebook, Slide, Yelp, Geni, Yammer, Anchor Intelligence, TradeVibes, HourTown, Room 9 Entertainment and also SpaceX, Tesla Motors, Clarium Capital Management and The Founders Fund. Regarding this, the New York Times mentioned it'd 'Pay off to have Pals in Silicon Valley'. Obviously, there's something special with those PayPal-people and that's why it is so interesting to read more about the PayPal story.
Eric Jackson was one of the first PayPal employees when in 1999 Peter Thiel, the then CEO of PayPal, draw him from Arthur Andersen into the tiny startup company. A short time after the successful Going Public and the sell out to eBay, Jackson left PayPal - as most of the earlier managers. He then wrote "The PayPal Wars", the true story about how they made PayPal growing against all odds and beat all competitors.
There were good reasons why this book turned out to be a bestseller among business books and even former Mc'Kinsey Guru Tom Peters named it a page turner. It's true what people say: It reads like a spy novell.
Very strongly recommended for all startup teams in all branches !
The PayPal Wars Page @ amazon.com
The PayPal Wars Page @ amazon.de