logo
episode-header-image
Mar 2025
1h 23m

PayPal: Max Levchin (June 2022)

Guy Raz | Wondery
About this episode

During its formative years in the late 1990's, Paypal attracted an extraordinary group of young entrepreneurs, who then went on to build some of the best known companies in tech. They became known as The PayPal Mafia—and Max Levchin was one of the leaders. A computer genius from Soviet Ukraine, Max joined Peter Thiel, Elon Musk, Reid Hoffman and others as they grew PayPal into a massively successful online payment service. Along the way, they encountered almost every start-up challenge imaginable, including the emotional ouster of Elon Musk as CEO. After PayPal was acquired by eBay in 2002, Max couldn't sit still, so he launched a startup lab that eventually led to another successful fintech company: Affirm.

This episode was produced by Alex Cheng with music by Ramtin Arablouei. Edited by Neva Grant, with research from Claire Murashima.

You can follow HIBT on X & Instagram, and email us at hibt@id.wondery.com. Sign up for Guy’s free newsletter at guyraz.com

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Up next
Jul 7
Rick Steves' Europe: Rick Steves (2021)
Rick Steves spent the summer after high school backpacking through Europe on two dollars a day—sleeping on the floor, sneaking into museums, and subsisting on a diet of bread and jam. When he came home, he found people were hungry for tips on how to visit Europe on the cheap, so ... Show More
1h 17m
Jul 3
Advice Line with Jim Koch of Boston Beer Company (August 2024)
Boston Beer Company founder Jim Koch joins Guy on the Advice Line, where they answer questions from three founders about finding product-market fit.Today, we meet Kim, whose tropical-inspired apparel company in Florida is venturing into the rum market. Then Llance from Washington ... Show More
51m 11s
Jun 30
Talenti: Josh Hochschuler
After falling in love with the gelato shops of Buenos Aires, Josh Hochschuler came home to Dallas with a bold idea: bring authentic Argentine gelato to the U.S. He raised $600,000 from friends and family and opened a gelato shop called Talenti. The product was a hit - but the ret ... Show More
1h 12m
Recommended Episodes
Dec 2024
Peter Thiel
Peter Thiel is an entrepreneur and investor. He is the co-founder and former CEO of PayPal, started in 1998, redefining the world of secure and fast e-commerce. Shortly thereafter, Thiel was the first outside investor in Facebook in 2004. Additionally, he co-founded Founders Fund ... Show More
2 h
Feb 2025
Elon Musk's Acquisition Made Me $50M, But Fatherhood Redefined My Life
What if the key to success wasn’t grinding harder—but learning to let go? Chris Bakke made 10s of millions selling two companies, including one to Elon Musk’s Twitter. But after years of chasing big wins, something changed: he had kids. And suddenly, the drive that once defined h ... Show More
46m 31s
Feb 2025
#452 - Reid Hoffman - LinkedIn, Paypal - “We are more Homo technicus than Homo sapiens”
Rendez-vous le jeudi 20 mars à 18h30 pour le prochain GDI-Live sur le thème : "Se lancer plus vite plus fort grâce à l'IA". Inscrivez-vous iciRetrouvez l'épisode en version française ici : https://www.gdiy.fr/podcast/reid-hoffman-fr/Reid Hoffman is a giant in the world of entrepr ... Show More
1h 17m
Jun 2024
Building a Disruptive Payments Company (with Klarna CEO Sebastian Siemiatkowski)
The tenacity required to build Klarna over the last 19 years is astonishing. Despite several headwinds and changes in the payments landscape since founding, Klarna is used today by 150 million consumers globally, processing two million payments a day. Founder and CEO Sebastian Si ... Show More
1h 19m
Feb 2025
20VC: Affirm Max Levchin on Why Grading Talent by Letter (A or B) is Total BS | How to Create a Culture of Post Mortems and Writing | Why You Should Only Study Failure Not Success & The Biggest Surpri
Max Levchin is one of the great founders and technologists of our time. As the Founder and CEO of Affirm, he has built am $18.7BN monster in the buy no pay later space. Prior to Affirm he was one of the original co-founders of PayPal. Max is also the co-founder and Chairman of Gl ... Show More
1h 2m
Aug 2024
Succeeding as an introvert, building zero-to-one, and why you should PM your career like you PM your product | Deb Liu (CEO of Ancestry, ex-Facebook, PayPal, eBay)
Deb Liu is the CEO of Ancestry and former longtime VP of Product at Facebook. At Facebook, Deb led the creation of Facebook Marketplace, developed the first mobile ad product for apps, built the company’s games business, and launched Facebook Pay. She’s also held leadership roles ... Show More
1h 11m
Dec 2024
Best of 2024 #3 – VC Pitch: PayPal for Agents – Skyfire Powers AI-to-AI Commerce at Scale
As we head into 2025, we're looking back on our most popular episodes of 2024. This episode was originally published on October 30, 2024. Are you ready for a world where AI agents can autonomously make purchases and monetize their services? How will commerce and payments evolve a ... Show More
1h 2m
Sep 2024
Meet the Man Who Did Over $4B in Acquisitions - Roland Frasier 💵 EP 86
Roland is a "recovering attorney" and the co-founder and principal of five different companies recognized by Inc. Magazine as some of the fastest-growing in e-commerce, e-learning, real estate, and SaaS sectors. As a serial entrepreneur, he has founded, scaled, or sold more than ... Show More
32m 57s
Aug 2024
How to consistently go viral: Nikita Bier’s playbook for winning at consumer apps (co-founder of TBH, Gas, advisor, investor)
Nikita Bier is one of the most in-demand consumer, social, and growth experts in the world. He’s the co-founder of TBH (sold to Meta for more than $30 million) and Gas (sold to Discord for millions more) and has helped more consumer apps that have hit #1 in the app stores than an ... Show More
1h 38m
Jan 2025
The $300 Million Exit That’s Funding Humanity’s Future with Bryan Johnson
Most people think Bryan Johnson just wants to live forever. They’re wrong. Bryan’s real goal is to leave a legacy that will last centuries. In this episode, we uncover the extraordinary vision of Bryan Johnson, an entrepreneur driven by the audacious mission to earn the respect o ... Show More
46m 21s