PayPal Mafia, ye kon log hain, Inhay ye naam keu dia gya? Dilchasp baatei jo apko maloom nahi

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PayPal Mafia یہ کون لوگ ہیں، انہیں یہ نام کیوں دیا گیا؟ دلچسپ باتیں جو آپ کو معلوم نہیں

Transcript

00:00Have you ever heard of PayPal Mafia?

00:02It is a group of people who are spread all over Silicon Valley.

00:06Spreading on Silicon Valley means ruling over the IT industry of the world.

00:11The story of PayPal Mafia starts in the last years of the 20th century

00:16when the merger of Confinity and X.com takes place.

00:19PayPal comes out of this, which was a digital payment company.

00:23In 2002, PayPal bought this company.

00:26A lot of money came to the founders of PayPal.

00:29Through this, they started new ventures.

00:32In the beginning, there were 50 people in PayPal,

00:34including founders, employees, and executives.

00:38These people kept working with eBay,

00:40but in the next 4 years,

00:42they slowly started calling the company a fraud.

00:46The reason for this was that eBay's work was traditional and old-fashioned.

00:49eBay worked in a slow and lazy way.

00:52But these people had dreams of changing the world in their eyes.

00:56That's why they couldn't do it.

00:58And in the next 4 years,

01:0038 out of 50 people left eBay and PayPal.

01:04These people later kept in touch with each other.

01:07And they started various ventures in Silicon Valley.

01:10The most important person among them is Peter Thiel.

01:13He is also called the boss of PayPal Mafia.

01:16Confinity was their company,

01:18which was merged with X.com.

01:20Later, they founded an investment company.

01:23They also became the first outsider investor on Facebook.

01:26Today, Peter Thiel's assets are worth more than $11 billion.

01:30In addition, the world's richest man, Elon Musk,

01:33is also a part of the PayPal Mafia.

01:35Today, he owns $250 billion worth of assets.

01:38After leaving PayPal, he bought controlling shares in Tesla.

01:42After that, he completely changed the car industry.

01:46Along with that, he also founded a company called SpaceX,

01:49which does space research.

01:51He also made extremely cheap rockets.

01:56One more important person among them is Javed Kareem.

01:59He was working as an engineer in PayPal.

02:02When the paths parted, he founded YouTube.

02:05Javed Kareem is the person

02:07who uploaded the first YouTube video in 2005.

02:10His video is still available on YouTube

02:13under the name of Me at Zoo.

02:16In addition, 2-3 people who left PayPal

02:18founded LinkedIn.

02:20Some became Yelp employees.

02:22Some became the CEO of Reddit.

02:24PayPal Mafia has been in contact with each other since then.

02:28They are also cooperating with each other.

02:31This is the reason why PayPal Mafia

02:33is ruling Silicon Valley and the IT industry of the world.

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