Chapter
The Impact of the PayPal Mafia
28:31 - 34:00 (05:29)
The PayPal Mafia has created over $10 billion companies and even one of the best non-profits, Kiva. They believe in religiously following their mission and working tirelessly towards it.
Clips
The goal of a startup is to build a cult-like company as the more a company is like a cult, the likely it is to succeed, suggests Max Lefchen, a co-founder of PayPal.
28:31 - 30:00 (01:28)
Startup culture.
Summary
The goal of a startup is to build a cult-like company as the more a company is like a cult, the likely it is to succeed, suggests Max Lefchen, a co-founder of PayPal.
ChapterThe Impact of the PayPal Mafia
EpisodeFrom Coder to Cartel Boss - The Jeff Bezos of Organized Crime
PodcastMy First Million
The commitment and devotion of people to startup companies has been compared to being members of a cult due to their willingness to work tirelessly for the mission.
30:00 - 34:00 (04:00)
Startups
Summary
The commitment and devotion of people to startup companies has been compared to being members of a cult due to their willingness to work tirelessly for the mission.