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1STARTUPSTORIES

The PayPal Mafia: Who are they and where are Silicon Valley’s richest group of men now?

From Telegraph, September 2014: The company founded by Peter Thiel, Elon Musk and Max Levchin has spawned three billionaires, many, many millionaires and generation-defining companies. Here, we break down the key players from the most notorious group in Silicon Valley. The picture above features some of the most poorly dressed men of the 2000s. Behold[…]

1STARTUPSTORIES

Airbnb, My $1 Billion Lesson

I discovered Airbnb on August 12, 2008 and six weeks later gave them a term sheet for their entire seed round. But in the (literal) final hour, it fell apart. It’s an unusual story and one of several key experiences that shaped my approach to investing in startups. Over the last seven years, I’ve discovered[…]

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