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Over the past several years, Elon Musk has built himself a reputation of being a revolutionary entrepreneur and "technologist" due to his contributions in the EV and space markets with Tesla and SpaceX. However, Elon Musk actually got his start in coding various programs and applications one of which eventually become PayPal. Elon Musk played a central role in building up PayPal as he served as both chairman and CEO at various points during his career with PayPal. But, unfortunately, at one point, Elon Musk was fired from PayPal as CEO by the company's board. This video explains how Elon Musk, Peter Thiel, and Max Levchin built PayPal together and the various reasons why Elon Musk was eventually fired from PayPal. The video also discusses the long-lasting impact of Elon being forced out of PayPal for both PayPal as well as Elon Musk.
Timestamps:
0:00 - Elon’s PayPal History
0:38 - Founding X.com
2:46 - Founding Confinity
5:09 - Merging Into PayPal
6:22 - Uncertain Future
7:54 - Elon Musk Fired
9:29 - Peter Thiel’s Leadership
10:37 - Lasting Impact
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Resources:
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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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How Elon Musk Built Up PayPal Just To Get Fired (As CEO)
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