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Text Chapter 1483 The largest elite group in Silicon Valley!

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    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 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 people who founded PayPal after leaving PayPal exceeded 100 billion US dollars.

    You read that right.

    100 billion US dollars.

    ???????????????????

    If EBAY keeps the people from PayPal, although I dare not say that they can create so much wealth, at least as a venture fund's investment, it 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 as we know them.

    The first is the three giants of PayPal startups: Pete Thiel, Reid Hoffman and Elon Musk.

    After Peter Thiel left PayPal, he founded a hedge fund.  I also founded a venture capital company with many successful cases.  Among them, the most craziest, the most despised, and the one that must be severely condemned is to invest US$500,000 in a company called Facebook and obtain 10% of the stock.

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

    500,000 VS 20 billion.

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

    With this move alone, Peter Thiel can be listed as one of 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, in the previous life, I waited until LinkedIn went public.  The peak market capitalization was US$25 billion, and Hoffman directly benefited from it in excess of US$5 billion, 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 this year for US$280 million.  Hoffman also received more than $100 million in income.

    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.  So many people looking to get investment came to him that he had a network in Silicon Valley that even surpassed that of Pete Thiel.  Called the "King of Silicon Valley Connections" by the New York Times.

    The third one, Elon Musk, has a bigger background. You only need to say one word to understand him.

    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.

    Mike??Lavchin, 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, has a net worth of more than 1 billion US dollars.

    David Sachs 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.

    ¡­¡­

    Etc., etc.

    The PayPal faction is full of talents, which can be compared to the superstars from Hong Kong TVB back then!  ¡ª¡ªAlthough the number of people is not that 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 Fortune magazine again in this life, he saw the group of people in it, and thought of their more glorious achievements in the future, and suddenly he remembered his recent imminent wealth plan.

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

    He is Reed Hoffman, the king of connections in Silicon Valley!
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