PayPal Mafia, ye kon log hain, Inhay ye naam keu dia gya? Dilchasp baatei jo apko maloom nahi
PayPal Mafia
یہ کون لوگ ہیں، انہیں یہ نام کیوں دیا گیا؟ دلچسپ باتیں جو آپ کو معلوم نہیں
یہ کون لوگ ہیں، انہیں یہ نام کیوں دیا گیا؟ دلچسپ باتیں جو آپ کو معلوم نہیں
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LearningTranscript
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.