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by FireBeyond
409 days ago
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PayPal isn't his. Never was. He owned a company that merged with Confinity, which had already built a prototype of PayPal, registered trademarks, etc. at the time of merger. He was made CEO. For four months. Which he spent trying to throw out the prototype written in Java because he only knew ASP. Then the board fired him in absentia, the morning he left for his honeymoon. Not asked him to resign, not "focus on his family", but the moment he's gone, fired his ass. Musk's contribution to the non-vaporware PayPal is "cashing the dividend checks". |
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Thiel and Levchin fired Musk, but they made up. Thiel bet on SpaceX later when it needed cash to reach its first successful launch.