TSLA - Here we go again.....
- Thread starter syswizard
- Start date
They actually fired him from the PayPal board because he had some really stupid ideas. That happens when the board actually acts in the stockholders' interest.
LOL he's defo crazy so can understand that, but crazy is a good thing in my book.
Didn't know that.
Here is a quick write up:
https://news.ycombinator.com/item?id=4439138
"from The Paypal Wars (highly recommended):
There was a culture clash when X got bought by Paypal. Elon was in charge of X and became the CEO of the combined company (as Peter Thiel took a leave of abscence) and wanted to switch from Unix to Windows. Max Levchin, the main tech guy at Paypal hated that idea. Elon initially got his way, and Max got marginalized. He then started looking into fraud cases and discovered that fraud, although low as a percentage of revenue, was growing rapidly. Max then persuaded people that the #1 priority should be to fix the fraud issue before it would kill them, and that they didn't have the time to worry about the technology stack. Elon Musk got kicked out, Peter Thiel came back to Paypal as CEO and Max managed to squash the fraud problem. Their competitors either failed to get traction or got crushed by fraud. With Paypal as the last one standing they won and got bought by Ebay.
http://www.amazon.com/The-PayPal-Wars-Battles-Planet/dp/0974...
They ousted him while he was on vacation, since then he doesn't like to take vacations.
https://news.ycombinator.com/item?id=4439138
"from The Paypal Wars (highly recommended):
There was a culture clash when X got bought by Paypal. Elon was in charge of X and became the CEO of the combined company (as Peter Thiel took a leave of abscence) and wanted to switch from Unix to Windows. Max Levchin, the main tech guy at Paypal hated that idea. Elon initially got his way, and Max got marginalized. He then started looking into fraud cases and discovered that fraud, although low as a percentage of revenue, was growing rapidly. Max then persuaded people that the #1 priority should be to fix the fraud issue before it would kill them, and that they didn't have the time to worry about the technology stack. Elon Musk got kicked out, Peter Thiel came back to Paypal as CEO and Max managed to squash the fraud problem. Their competitors either failed to get traction or got crushed by fraud. With Paypal as the last one standing they won and got bought by Ebay.
http://www.amazon.com/The-PayPal-Wars-Battles-Planet/dp/0974...
They ousted him while he was on vacation, since then he doesn't like to take vacations.
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Interestingly I hate PayPal cause of the Fraud it enabled, the 7days to reverse a payment you've sent someone, no questions asked, PayPal won't send info to the police in the UK.
Never sell something, use PayPal then let them collect the item from you, cause your giving it away for free, with no come back arrrgggghhh ( £600 huge TV )
Never sell something, use PayPal then let them collect the item from you, cause your giving it away for free, with no come back arrrgggghhh ( £600 huge TV )
I would...his marriage failed miserably.
No one understands woman, not even Elon could be expected to, and you say they like it's a bad thing, out with the old, in with the new, maybe he planned to fail, I've planned a few relationships to fail over the years, if they dump me I can sleep with there friends
Think outside the box man!!
*
This guy is totally overrated IMHO. He's just an expert on gunning the shorts.
This smacks very simillary to the
situation of the board of Herbalife...where they spent all of their energy trying to gun down David Ackman.
If he was so great....then he would understand women.....LOL !
This guy is totally overrated IMHO. He's just an expert on gunning the shorts.
This smacks very simillary to the
situation of the board of Herbalife...where they spent all of their energy trying to gun down David Ackman.
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