“PayPal started off as a product with no use case. Then we had a use case but no business model. Then we had to build a sustainable business.” Amy Klement
I’m very excited to share my conversation with Jimmy Soni, the author The Founders: The Story of Paypal.
[00:01:00]: Introduction, how did Jimmy find the story and go about the research process?
[00:17:00]: Paypal’s unique team and recruiting.
[00:24:00]: Paypal’s journey of pivoting and iterating the product and business model.
[00:34:00]: Culture of truth-seeking and debate, workaholism, “Paypal PTSD.”
[00:42:00]: Paypal’s three leadership coups.
[00:49:00]: Risk-mitigation and timing were key to survival.
[00:57:00]: What were the lessons for the Paypal diaspora?
[01:061:00]: Culture of ownership and giving people a lot of responsibility quickly.