Shadowlayer

Why didn't you show what a good patriot you are to your home country by firstly making sure that South Africa is on the list of supported countries before you decided to sell X/PayPal to eBay?

WikusMoller

Why didn't you show what a good patriot you are to your home country by firstly making sure that South Africa is on the list of supported countries before you decided to sell X/PayPal to eBay?

WikusMoller

Wonderkid

1. disposable high altitude lauch pads that float up a low cost -- 2. Extremely low frequency (elf)recieving sensors inside high temp "nuke temps" ceramic chambers tiggered by sound sensors [think of it as a spinning sensor fan linked to a mechanical vac-frictionless chamber where in space becomes perpetual motion machines -- free unlimited sound energy--to be packaged and used to power the telsas and another pw protected recievers.....enough said!!

xhdt

xhdt

The book is just a really bad piece of writing intended to puff up the role of the author (Jackson) and his funder & mentor (Thiel). It was not specifically intended to attack me.

My pic is back on the Sequoia website. They rotate those pics every month or so, cycling between all the major Sequoia companies.

Regarding question 4, as I state in the rebuttal piece, it was a concious effort on the part of X (at Mike Moritz's suggestion and recorded in the X board minutes) to play up online banking, even though the primary focus was email payments. Mike wanted to avoid having other VCs fund competing email payments companies.

elonmusk

1. Why was Elon replaced as CEO of the combined company?
2. Why did a book paid for by a Paypal manager trash Elon?
3. Why did Sequoia remove Elon from their website?
4. Why, really, is Elon now making the odd argument that X.com wasn't an online bank? (At the time, he was telling every person, including the media, that he was creating an online bank.) Or that Paypal wasn't in the money transfer business before the merger?

Just wondering...

SteveHeadcase

1. Los Angeles Times article by Josh Friedman, quoting David Sacks: "…Musk developed a "viral marketing campaign," Sacks said: The firm paid $10 to every new PayPal customer as well as anyone who referred a new user to the system. The campaign fueled exponential growth." The whole article is available for free at: http://www.globalsecurity.org/org/news/2003/030422-space01... or you can buy it from the LA Times at: http://pqasb.pqarchiver.com/latimes/access/327114431.html?...
2. This article highlights two key points. One, that Confinity's product was initially about beaming money tokens between Palm Pilots, not email payments, and the business model was making money on interest, which did not work at all: http://www.wired.com/wired/archive/7.11/streetcred.html?pg...

elonmusk

Elon Musk was 28 years old then which makes him all but 23 when he founded Zip2. It is easy to be impressed by his achievements. But why express jealousy or try to negate those achievements? I haven't been in contact with either Elon, Peter or Max but it seems that their impact "COLLECTIVELY" was/is very significant. I have yet to remember a company producing so many great entrepreneurs/investors: from Youtube to LinkedIn by way of Sequoia.

So the company took the name Paypal and not X. Does that not make Elon Musk a co-founder? So if X.com had been chosen, in your logic Peter and Max would not deserve the "co-founder" title?

Sorry I prefer to remember them as a team that achieved greatness. Ebay acquired a competitor of X/Paypal in 1999 which could have discouraged many. Not the Paypal team. They had huge customer/fraud issues which would have broken any other company. Not X/PayPal.

So let's leave jealousy and negativity to others. In Europe, CEOs with 100 times less achievements are often unbearably arrogant. Let's celebrate this X/Paypal bunch ability to remain nice people through their successes.

alain

whether or not Elon's history is more accurate than others, there's at least a fair amount of credit to him & several others here that hadn't been previously discussed.

credit to David Sacks, Amy Rowe [Klement], Sanjay Bhargava and others mentioned is likely well deserved. David & Amy ran a hell of an operation at PayPal for several years, and their contributions were quite significant, along with noted others by Peter, Max, Roelof, and the usual suspects.

(and given David's previous track record with PayPal and TYFS, i'd be pretty darn bullish on Geni.com too... that site rocks, and bears all the trademarks of Sacks "KISS dictatorship" ;)

DaveMcClure500Hats

rossmay

mredscr

David-Sacks

Nick Denton

With that said, it's always fun to see people being put in their place, so kudos for setting the record straight.

Congratulations on your success.

bourgeoisie