Saturday, April 14, 2007

Paypal's Story (Great Read!)


Chris Skinner on PayPal's first 100 months:
In March 2007, PayPal celebrated being 100 months old. Yes, the upstart firm with only 133 million users and more merchants than Visa, MasterCard and American Express combined, is just 100 months old. It is a pure child. Younger than MacAuley Caulkin in Home Alone, and just a bit older than Drew Barrymore when she starred in E.T., PayPal is striking way above its weight … striking fear in some bankers' hearts and hope in the social revolution of the Internet age. But what is PayPal really all about, why does it work the way it does and where is it going in the future? I was lucky enough to find out by visiting PayPal's UK Headquarters to get an update on PayPal Mobile, PayPal Europe and PayPal worldwide, so here's the low-down.
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