Technology

The libertarian who kicked Elon Musk out of PayPal

Australian Financial Review
Fri, 24 Sep 2021

The libertarian who kicked Elon Musk out of PayPal

Peter Thiel was infamously revealed as a New Zealand citizen. (Image: Getty)

Australian Financial Review
Fri, 24 Sep 2021

From office space above a stationery shop and a French-themed bakery in California’s Palo Alto, Elon Musk and Peter Thiel built a business that changed commerce.But it wasn’t the same office. In 1999 there were so many financial-payment start-ups in Silicon Valley that Musk and Thiel were running competitors from the same floor of the same anonymous building.Musk had more money. Thiel had a better product. Musk’s X.com was financed by Sequoia Capital, one of Silicon Valley’s venture capital legends. A quirky South Africa...

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The libertarian who kicked Elon Musk out of PayPal

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