Chapter 1483 The Largest Elite Group in Silicon Valley!

In 2002, after eBay acquired PayPal for US$1.5 billion, most of the approximately 600 PayPal members went their separate ways.

At that time, ebay must have never imagined that what it got was sesame seeds and what it lost was watermelon.

The absolute value of PayPal is not very large, especially in places like 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.

However, the group of people who created Paypal created a total value of more than 100 billion U.S. dollars after leaving Paypal.

You read that right.

100 billion US dollars.

Just more and less.

If eBay keeps the paypal group, although I dare not say that they can create so much wealth, at least as a venture fund, they will definitely get much more than Paypal itself.

During this period of time, the "Fortune" magazine in Xiao Qi's hand published a famous article called "paypal League. Gang". , this faction has nothing to do with crime at all.

The article talks about how powerful the paypal family is, how deep the personal connections are, and how far-reaching it is to affect the Internet technology industry in the United States.

Come see how many companies we know have been created by these geniuses.

The first is the PayPal Big Three: Pete Thiel, Reed Hoffman and Elon Musk.

After Pete Thiel left PayPal, he founded a hedge fund and a venture capital firm. There are many successful cases, among which the most insane, the most disgusting, and absolutely condemnable. It is to invest 500,000 US dollars in a company called facebook and obtain 10% of the stock.

You know, even now, although Facebook is not listed, Tang Mingxiang still only obtained 10% of Facebook's shares with 2 billion US dollars. Not to mention the high price of 200 billion US dollars after listing!

500,000 vs 20 billion.

A full 100,000 times the profit, what kind of profit is this?

That alone puts Pete Thiel among the world's greatest investors.

Next was Xiao Qi and Reed Hoffman, whom he had had business contact with. Linkedin allowed him to earn 210 million US dollars in cash, plus 100 million US dollars worth of shares.

But in fact, after LinkedIn went public in the previous life, the peak market value was 25 billion US dollars, and Hoffman directly benefited from it by more than 5 billion US dollars. Much more than it is now.

In addition to this linkedin, Hoffman also invested in Zynga, a social game company that created a miracle in app store sales, tagged, a new generation of social networking star, and a social music platform, etc.

This company happened to be acquired by CBS this year for 280 million US dollars, and Hoffman also received more than 100 million US dollars in income.

The highest market value of Zynga is 20 billion US dollars, and the valuation of tagged in 2013 also exceeded 5 billion. Hoffman has a large share in both of them. It is conceivable that his actual assets in his previous life It has exceeded at least 10 billion US dollars.

It is because of so many excellent and successful entrepreneurial venture capital. Hoffman became one of the most successful angel investors in Silicon Valley, turning to him for funding. So much so that his relationship network in Silicon Valley even surpassed that of Pete Thiel, and he was called "the king of Silicon Valley connections" by The New York Times.

Elon Musk, the third one, has a bigger background. You only need to mention one, and you can understand him.

Heard of "Iron Man"?

Although the prototype of "Iron Man" is not Musko, the prototype of Robert Downey Jr.'s version of "Iron Man" is exactly this suave and suave American super-rich man.

After he left paypal. He bought two companies with his own money. One is SpaceX, which is trying to commercialize space travel. It has huge research and development and commercial capabilities such as rocket launches. The other is Le, an electric car manufacturer that was fired in 2013. Larry Page, one of the founders, also said in a public speech that if he died, he would not donate 23 billion US dollars of property to any charity, but would donate to people who can change the world , and this person refers to Musko!

The three giants are so brilliant and unattainable, but their subordinates also have very good people.

Roloff Bosha is the major shareholder of square, a mobile payment company that has been hotly hyped since 2012. He is also the major shareholder of Tumblr, a light blogging website, with a net worth of more than two or three billion US dollars.

Max Lavchin, the founder of the social game company slide and the chairman of the board of directors of kaggle, a joint platform for the most high-end scientists, has a net worth of more than 1 billion US dollars.

David Sachs created yammer, the world's largest enterprise microblogging platform. In 2013, tens of millions of employees from more than 500,000 companies settled in. It is called a more professional version of twitter.

Stoppelman and Simmons, founders of Yelp, the largest store review site, are both worth more than $800 million.

...

Etc., etc.

PayPal's faction is such a large number of talents, it can be compared to the grades of the superstars from Hong Kong TVB TVB back then! ——Although the number of people is not so large, the impact on the entire Silicon Valley and the world is really no less than the impact of TVB stars on Hong Kong.

Xiao Qi had read this article in his previous life, and when he picked up the "Fortune" magazine again in this life, he saw this group of people in it, thought of their more brilliant achievements in the future, and suddenly remembered his recent imminent wealth plan.

To implement this wealth plan, the young man happened to need an important figure in the "Paypal League. Gang".

He is Reed? Hoffman, the king of connections in Silicon Valley! (to be continued..)