Pass P11-101 exam with P11-101 Questions and Answers and mock exam
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Exam Details:
- Number of Questions: The exact number of questions may vary, but the test typically consists of multiple-choice questions and scenario-based questions.
- Time: Candidates are usually given a specific time duration to complete the exam.
Course Outline:
The P11-101 PayPal Certified Developer - Payments course is designed for developers who work with the PayPal payment platform. The course provides knowledge and skills required to integrate and utilize PayPal's payment solutions effectively. The course outline includes the following topics:
1. Introduction to PayPal Payments
- Overview of PayPal payment solutions and services
- Understanding PayPal payment APIs and integration options
- Setting up a PayPal developer account and sandbox environment
2. PayPal Payment Methods
- Exploring different payment methods supported by PayPal
- Understanding the characteristics and use cases of each payment method
- Implementing payment methods such as PayPal Express Checkout, PayPal Payments Standard, and PayPal Payments Pro
3. Payment Integration and APIs
- Overview of PayPal REST APIs and SDKs
- Implementing API calls for payment processing, refunds, and cancellations
- Handling recurring payments and subscription-based services
4. Payment Security and Fraud Prevention
- Understanding PayPal's security features and best practices
- Implementing payment security measures such as tokenization and encryption
- Mitigating fraud risks and utilizing PayPal's fraud prevention tools
5. Payment Notifications and Webhooks
- Configuring and handling PayPal's Instant Payment Notification (IPN)
- Implementing webhooks to receive real-time payment notifications
- Managing payment status updates and handling asynchronous events
Exam Objectives:
The P11-101 test aims to assess candidates' knowledge and skills in integrating and utilizing PayPal's payment solutions. The test objectives include:
1. Understanding PayPal's payment methods and their features.
2. Implementing PayPal payment APIs for payment processing and transaction management.
3. Ensuring payment security and implementing fraud prevention measures.
4. Configuring and handling payment notifications and asynchronous events.
5. Demonstrating proficiency in using PayPal's sandbox environment for testing and development.
Exam Syllabus:
The test syllabus covers the following topics:
- Introduction to PayPal Payments
- PayPal Payment Methods
- Payment Integration and APIs
- Payment Security and Fraud Prevention
- Payment Notifications and Webhooks
Candidates are expected to have a deep understanding of these subjects and demonstrate their ability to integrate PayPal's payment solutions into various applications and systems. The test assesses their knowledge, problem-solving skills, and ability to utilize PayPal's payment APIs effectively to facilitate secure and reliable online transactions.
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PayPal
P11-101
PayPal Certified Developer- Payments
https://killexams.com/pass4sure/exam-detail/P11-101 Answer: B Question: 108
Based on how long a buyer has to open a dispute with PayPal once a transaction has
been completed, how long should order information be retained in a database?
A. 7 days
B. 20 days
C. 45 days
D. 90 days
E. 180 days Answer: C Question: 109
When redirecting the sender's browser during an embedded payment flow using the
Adaptive Payments API, which parameter is required (not optional)?
A. token
B. receiverEmail
C. payKey
D. preapprovalKey Answer: C Question: 110
How many reauthorizations can be done on a single authorization?
A. 1
B. 3
C. 4
D. 5 Answer: A Question: 111
34
Select the correct sequence of operations for creating a PayPal Account with a bank
account using the Adaptive Accounts API?
1. Set the AccountType equal to PERSONAL
2. Redirect the user to PayPal
3. Set the createAccountKey
4. Make the CreateAccount API method call.
5. Make the AddBankAccount API method call.
A. 3, 4, 1, 5, 2
B. 3, 4, 2, 1, 5
C. 1, 4, 2, 3, 5
D. 1, 4, 3, 5, 2 Answer: C Question: 112
Which two of the following variables are required for the TransactionSearch API?
A. METHOD
B. STARTDATE
C. EWDDATE
D. TRANSACTIONS
E. TRANSACTIONCLASS Answer: A, B Question: 113
When the status of a transaction returned in the response of TransactionSearch is
"Pending," what API call do you have to run to get the reason for the "Pending" status?
A. GetTransactionStatusDetails
B. GetStatusDetails
C. GetPendingReason
D. GetTransactionDetails Answer: D
35
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Mobile game developers Gamesoul Studios and Pierrox are integrating PayPal to drive in-application content purchases via Android.
The game developers integrated features such as online leader boards and player challenges into their mobile offerings using social gaming platform Scoreloop’s software development kit. Gamesoul and Pierrox monetize the challenge feature by letting players bet on the outcome of matches using virtual currency purchased from the Scoreloop platform.
“The largest hurdle for in-game transactions is accessibility,” said Nicole DeMeo, spokeswoman at Scoreloop, San Francisco. “Once a player makes the decision to purchase a virtual good, it needs to be easy for them to do.
“PayPal is a natural option as many players already have accounts and this makes the process that much more straightforward,” she said.
Scoreloop claims to be the leading social gaming platform on Android, reaching 190 countries and managing over 200 million accounts.
Monetizing social gaming In additon to the challenge features, Scoreloop’s social gaming platform lets developers introduce premium features such as additional levels and virtual goods.
They can monetize these features by requiring players to purchase and use Scoreloop “coins” to unlock the extra functionalities.
Here is a screen grab of a Scoreloop coin-purchasing screen:
Pierrox integrated Scoreloop’s social gaming platform into its Mini Golf’oid game, which lets mobile users play rounds of miniature golf on their handhelds.
Players can hit the virtual golf ball by swiping the screen with their finger.
They can alter the trajectory by altering the direction and force of the swipe.
Scoreloop monetized the game for Pierrox by introducing a challenge mode, in which players can play matches against each other.
Each participant wagers coins purchased from Scoreloop’s platform.
Pierrox said that player challenges were an important part of motivating in-game purchases, and the process should be as painless as possible.
Here is a screengrab of a list of challenges in Mini Golf’oid:
Gamesoul also includes Scoreloop’s social challenge functionality in its Radio Ball 3D game.
The game uses the accelerometer in Android handsets to let users navigate a virtual rolling ball through obstacle courses.
Players earn points by navigating through the courses and reaching the end without losing.
Gamesoul said that PayPal was an important addition to Scoreloop’s platform.
Here is a screen grab of a challenge screen in Radio Ball 3D:
fMonetizing Android gaming apps Consumers are becoming increasingly comfortable with purchasing virtual goods, including games, according to a study conducted by VGMarket and Playspan (see story).
The premium mobile gaming market has been booming in Apple’s App Store, led by developer EA (see story).
However, free games still dominate in Android’s Market.
“Most developers are currently monetizing their games via ad revenues, and if you look at the numbers there’s an unusually high ratio of free to paid games on the Market,” Ms. DeMeo said. “We’re offering an additional revenue stream for these developers by making the freemium model accessible and delivering the whole package – social context, downloadable content and payment solutions.”
Final Take Peter Finocchiaro, editorial assistant at Mobile Commerce Daily, New York
Fri, 15 Jul 2022 18:46:00 -0500en-UStext/htmlhttps://www.retaildive.com/ex/mobilecommercedaily/mobile-game-developers-drive-in-game-payments-via-paypalEpic v. Google: everything we’re learning live in Fortnite court
ByAdi Robertson, a senior tech and policy editor focused on VR, online platforms, and free expression. Adi has covered video games, biohacking, and more for The Verge since 2011.
Share this story
The future of Google’s app store is at stake in a lawsuit by Fortnite publisher Epic Games. Epic sued Google in 2020 after a fight over in-app purchase fees, claiming the Android operating system’s Google Play store constituted an unlawful monopoly. It wants Google to make using third-party app stores, sideloaded apps, and non-Google payment processors easier — while Google says its demands would damage Android’s ability to offer a secure user experience and compete with Apple’s iOS.
The case has had a long road to court, arriving there long after a similar trial against Apple in 2021. Follow along with updates here.
We’re back with Epic Games Store boss Steve Allison — and maybe another point Epic is trying to make.
Allison testifies that after the Epic Game Store launched with an 88/12 split (meaning developers keep 88 percent of the revenue), Valve’s Steam, Microsoft’s Windows Store, and Discord all reacted by giving more money to developers, too.
We’re nearly back. Here’s a quick recap of Epic v. Google day one so far:
1) In their opening statements, both Epic and Google tried to address the scariest-sounding arguments against them. (Epic knew it was the bad guy when it sprung this trap! Google paid off all those developers and deleted evidence!)
2) Epic claims there’s no real Android alternative to the Play Store; Google says there is, but it’s not about Android; Google has to compete with the iPhone.
3) We’re now hearing from the head of Epic’s PC games store, but it kind of makes sense.
Read the rest of our StoryStream below for the details!
It has suddenly become clear why Epic’s PC store boss is on the stand.
“When did Steam first introduce these 30 percent fees?”
“Do you understand where the 70/30 split structure came from?”
“Why did you believe that Steam’s 30 percent share was very high if it simply replicated Walmart’s share?” Epic’s attorney asks.
Allison says Valve simply mimic’d the physical retail split, where retailers bought games at wholesale prices and marked them up 30 percent.
But he helped Telltale relatively easily build its own digital store to keep 95 percent of revenue, he claims. He suggested Epic let developers keep 80 percent (or more) of revenue.
Our first witness is Steve Allison, head of the Epic Games Store.
Epic is leading the questioning here, so he’s not on the defense — so far, he’s just explaining how he joined Epic in 2018 to help it launch its PC games store after the rise of Fortnite.
Epic is highlighting a few passages from an email from him to former Epic prez Paul Meegan about his eagerness to join: “Fortnite is blowing up pop culture” and “Fortnite blowing up definitely has created that potential Valve-Counterstrike moment at a scale that is much bigger than when that gave birth to what is now Steam.”
The email later suggests that “Steam is pretty ripe for disruption — if you wanted to take 20-30% paid digital PC market share you could like nobody else can.” Clearly, Epic agreed.
Google’s opening statement is done, but first, it introduced these snippets of internal emails from Epic employees who apparently thought its “Project Liberty” legal trap wasn’t exactly on the level:
“Just planting the nefarious seed now.”
“How do we not look like the bad guys?
“I mean everything we’re attempting is technically a violation of google’s policy, right?” writes one employee. “Yes, but that’s not the question” answers another.
“Nothing prohibited Riot from opening up a competing app store if that’s what they wanted to do.”
Project Banyan, the Samsung deal: “That deal never happened. He’s asking you to hold Google responsible for something it did not do.”
“Is Epic using the chats to distract me from all the evidence I do see?”
“It’s true that Google could have automatically saved all chats for all relevant employees, but just because Google didn’t save some chats didn’t mean it violated antitrust laws.”
“The service fee you see here is exactly the same fee that Epic pays in the Nintendo store, the Xbox store, the Steam store,” says Pomerantz. “All these stores charge a mega developer like Epic the same 30 percent fee.”
He also argues the Play Store and Android provide more value than the simple payment processing fees charged by PayPal or Stripe.
In the Epic v. Apple case, the judge agreed Apple deserved something for the platform — but not necessarily 30 percent. (Nobody can tell the jury that, though.)
“That’s a reason for them to choose the iPhone the next time around.”
Google is continuing to pump the gas on its “Google Play competes with the iPhone, not other Android app stores” argument, pointing out how apps like Clubhouse and ChatGPT launched on the iPhone first.
“Epic’s going to ask you to believe the App Store and the Play Store don’t compete. They’re going to try to break the phone apart as if the app store and the phone don’t relate to each other,” says Pomerantz.
“A billion people have done it after getting notified of the potential risks,” says Pomerantz about sideloading apps. “That’s because Android users have a real choice.”
Also: “Security is really important to competition — we need to protect users because it’s a critical point of competition between Apple and Android,” he says.
Epic plans to bring up Google’s Anti-Fragmentation Agreements (AFA) during trial, but Google is getting there first with the jury:
“All the AFA did was set up some basic standards so Android phones have things in common — so Android developers could just build one version of the app, saving time and money, so it could run on a Motorola phone or a Nokia phone or an LG phone or any other phone.”
Epic will likely argue that these agreements were a kingmaker for Google’s app store.
“Every single Samsung phone comes with two app stores right on the homescreen.”
But even if the relevant market were Android app stores, Google argues, many developers and consumers have choice that’s just one tap away.
“When they show these charts that show all these downloads from Play and not from the Galaxy Store, that’s what the Samsung phone users are choosing. They’re touching Play. Nothing’s keeping them from touching the Galaxy Store; it’s just what works for them,” argues Google.
Google is opening the trial with market definition.
“You cannot separate the quality of a phone from the quality of the apps in its app store, and that means Google and Apple compete against each other,” argues Google attorney Glenn Pomerantz.
That’s a shot at the heart of Epic’s case, which is that Google is preventing competition in Android app stores, not mobile phones or app stores in general.
Follow along with our live updates from the trial:
Epic says many of Google’s alleged anticompetitive behavior (like Project Hug) didn’t begin until 2019, so Google didn’t need to do these things to compete — only to protect its alleged monopoly.
Bornstein also says the evidence will show there are “a lot of other ways” to protect against malicious apps than Google’s current practices. (Google will argue that Epic is demanding it remove the security protections that keep you safe.)
(Judge Donato told Epic it was at its time limit, and Epic wrapped up quickly.)
Did Google delete damning evidence? Epic wants the jury to think so.
Judge Donato allowed Epic to proactively tell the jury that Google may have something to hide — since Google employees all the way up to CEO Sundar Pichai set some of their chats to auto-delete to avoid them falling into lawyers’ hands.
“All we know is whatever is in the destroyed chats, as bad as the documents are, is worse. Or at least it was worse, before they were destroyed,” Epic attorney Gary Bornstein told the jury.
“Epic decided to stand up because that’s what you do to a bully.”
Epic is now trying to head off Google’s counterclaims before Google gets a chance to present them — by addressing the Project Liberty elephant in the room.
You see, Epic planned the whole legal trap for Google, calling it Project Liberty, where it tried to bypass Google’s (and Apple’s) fees with its own payment system buried in the code.
Epic is admitting this but says the code isn’t as scary as Google will claim: “You will not see any evidence that anyone was harmed by this or even could have been harmed by this.”
My favorite Google codename and Epic’s favorite evidence: “Project Hug.”
We’ve told you about Hug before, and now Epic’s telling the jury that 22 game developers “ultimately” made deals with Google that allegedly kept them from abandoning the Play Store, Bornstein claims.
“Some of them told Google they were going to compete against the Play store, and Google paid them not to do so.”
Bornstein admits “Google was too clever” to actually draw up contracts forcing devs not to compete with the Play Store but says Riot Games agreed not to compete.
Epic knows Google will argue that it’s an open platform where anyone can install apps without going to a store. So Epic is arguing Google makes it far too difficult — by labeling sideloaded apps “unknown” and making you jump through hoops (see image below).
“Fortnite was the biggest game in the world, Google knew it was not an unknown app,” says Bornstein. “Google called it unknown so it could put up warnings just like those.”
Argues Epic: “Google has such extraordinary power over android phones that it can use two strategies to prevent all other competition and maintain those big green bars. Here is what those strategies are: bribe or block.”
“Google pays real and potential competitors not to compete. Literally gives them money and other things of value.”
“It’s like Google saying here’s $360 million — that’s an real number you’ll hear about — why don’t you sit this one out and let me win?”
Epic’s lead attorney Gary Bornstein’s opening argument revolves around green bars — 12 of them, representing the months January–December 2020, showing the Google Play Store counts for well over 90 percent of app installs on Android that year.
Bornstein says Google will argue that the Samsung app store comes installed on 60 percent of all phones, but it’s only an orange sliver on the chart.
“That is all that Samsung, the largest OEM by far, has been able to achieve.”
Thu, 16 Nov 2023 13:31:00 -0600entext/htmlhttps://www.theverge.com/23945184/epic-v-google-fortnite-play-store-antitrust-trial-updates/archives/11Best Illinois Online Casinos
Real money online casinos aren’t yet legal in Illinois, though lawmakers have flirted with the idea in recent years. For now, the Land of Lincoln offers online sports betting, retail casinos, horse race betting, a state lottery, and sweepstakes casinos.
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Table of contents
Best Illinois online casinos
Illinois online casino
New player bonus
McLuck.com
Get up to 57,500 Gold Coins and 27.5 FREE Sweepstakes Coins after sign-up and first purchase
High 5 Casino
250 Gold Coins, 5 free Sweeps Coins, and 600 Diamonds free on sign-up
Pulsz.com
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WOW Vegas
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Gambino Slots
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Golden Hearts Games
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BetRivers.net
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Top Illinois online casinos
Illinois online casino fans will enjoy the wide variety of options available. Below, we highlight our favorite IL sweepstakes and social casinos.
McLuck: a pot of gold
McLuck handily makes our top recommended Illinois online casino list. Despite being relatively new to the scene (McLuck launched in 2023), it has already become a leading provider of social sweepstakes gaming.
Up to 57,500 Gold Coins and 27.5 FREE Sweepstakes Coins are available as part of McLuck’s welcome package. Some of those coins are given just for signing up while the remainder are available in a first-purchase offer.
One of our favorite things about McLuck is the user experience. McLuck is set against a simple black background, allowing the detailed game thumbnails to leap off the screen. The site is among the easiest to navigate, even against the stark competition in Illinois. Menus are intuitive and simple, making for a breezy overall user interface.
The games at Mcluck are also a highlight. There are 300+ available, and McJackpots can be won on any single game or spin (SC McJackpots require opt-in).
High 5 Casino: a 5/5 casino
High 5 is one of the best Illinois online casinos available today. Established in 2012, High 5 has been around for more than a decade. It offers more than 800 games, making it an easy choice for players seeking lots of variety.
Players who seek out various payment options will like High 5, as it allows payments via Skrill, PayPal, Trustly, and credit cards.
The welcome bonus at High 5 Casino offers 5 Sweeps Coins, 25 Gold Coins, and 600 Diamonds. Diamonds are an exclusive High 5 virtual currency used to claim special perks.
Additional promos round out to High 5 casino experience, granting special bonuses like referral credits and wheel spins for prizes. Additionally, High 5 Casino has a VIP club that rewards players who sign up.
High 5 Casino has one of the best online casino game libraries in Illinois, including many slots from top developers, plenty of table games, and a live dealer section powered by Vivio Gaming.
Pulsz.com: lots of heart
Pulsz starts players off with 2.3 Sweepstakes Coins for free plus 5,000 Gold Coins. To maximize the welcome bonus, Pulse.com allows players to purchase 362,000 Gold Coins for $19.99. That same price would normally get players 115,000 GC, so it’s triple the value. Plus, it comes with 30 FREE Sweepstakes Coins.
However, that purchase is not required. Players can claim the 2.3 FREE Sweepstakes Coins and 5,000 Gold Coins and play with those without ever making a purchase.
Pulsz has hundreds of slot games, many of which come from hot developers. NetEnt’s Starburst is an ever-popular title, and it’s available at Pulsz. Features such as Megaways are on full display, and there are all sorts of other categories and features on the site. Tumbling reels, classic slots, hold and win, and other features are available.
Pulsz ups the ante in IL with other games like keno, blackjack, Texas Hold’em, and scratchcards.
WOW Vegas: Wow-worthy promotions
When it comes to promos and bonuses, WOW Vegas is simply the best online casino Illinois has to offer. The amazing user interface and game library are just the icing on the cake.
WOW Vegas has an opening bonus that grants players 1.5 million WOW Coins (the online casino’s equivalent of Gold Coins) for $9.99. Purchasing the offer will also provide Illinois players 30 FREE Sweeps Coins.
And that’s just the beginning. WOW Vegas has the best slate of promotions for online casino players in Illinois, full stop. Options include:
Daily email competitions for Sweeps Coins
Lunchtime loot on eligible games
Refer friends for 5,000 WOW Coins and 20 Sweeps Coins (up to 30 qualifying referrals)
Star System VIP program: level up for additional perks and rewards
Exclusive coin discounts
Daily login rewards
That already feels like a long list, but it’s only the tip of the iceberg. WOW Vegas has dozens of promotions running at any given time.
Gambino Slots: spin for fun
Gambino Slots is not a sweepstakes casino. Instead, it strictly offers a for-fun slots library. There are more than 150 unique games on the platform. Although players can’t redeem cash prizes, there is still a lot to love about Gambino Slots.
First is its welcome bonus: 200 free spins and 100,000 G-Coins. That’s a fantastic way to get started with Gambino Slots, and the bonus doesn’t require a promo code or any hoops to jump through.
Second, Gambino Slots has a mobile app for iOS and Android devices, a big point in its favor. Most of the other sites on this list only offer mobile play via a browser, which isn’t quite as seamless as a native app.
Finally, there’s the G-Card, one of our favorite perks at Gambino Slots. Every time players make a purchase, they earn one punch on their G-Card. On the fifth punch, players will receive G-Coins as a reward. The amount is based on the average purchase of the five punches.
Golden Hearts Games: play for charity
Golden Hearts Games starts players off right with a welcome bonus worth up to $15. Players who spend $10 will get $10 worth of free play, plus an additional $5 in free play with the Golden Hearts bonus code PENNLIVE.
Among its competitors (including the others on this list), Golden Hearts stands out for its unique approach. Players choose a charity upon signing up for the site. Instead of purchases, Golden Hearts offers donations, which provide a portion of the amount to the player’s selected charity while also granting the player credits to use at the casino.
The only major downside of Golden Hearts is its limited game library. The site only has a small selection of games, all of which are offered by Golden Hearts itself. Players on the hunt for certain slots developers won’t find those titles here.
Overall, Golden Hearts is a novel approach to social casinos, and we recommend it for that reason.
BetRivers.net: get into the flow
This is one online casino Illinois players will love. First and foremost, BetRivers.net is operated by Rush Street Interactive, which is based in Chicagoland. This gives the site a local flair.
The real kicker is the massive game library available at BetRivers.net. There are hundreds of games, including slots from the world’s top developers, table games, live dealer games (blackjack, roulette, craps, and others), and many more. New games are added frequently, expanding the already impressive library. Look for seasonal titles around big holidays such as Halloween, Christmas, or Thanksgiving.
Players can spin a wheel each day at BetRivers.net for prizes of up to $1,000 worth of virtual credits. Come back every 24 hours to spin the wheel and keep adding new credits to your account.
Illinois online gambling overview
Illinois online gambling began in 2019 when Governor J.B. Pritzker signed a massive gambling expansion bill into law. The law allowed for sports wagering in Illinoisand authorized new land-based casinos in the state.
BetRivers—a Chicago-based operator—was the first to launch an online sportsbook in IL. It was followed by six other operators relatively quickly. Eventually, BetMGM joined the fray with an online-only license. Most recently, Circa Sports launched, becoming the eighth online sportsbook in Illinois.
Lawmakers have considered Illinois online casinos in the past. The Internet Gaming Act first surfaced in 2021, moving through various stages of the Illinois state senate. On January 10, the session ended, putting the bill on hold. It remains to be seen whether the Internet Gaming Act will resurface and eventually become law. It’s also possible that Illinois legislators could submit a new proposal to allow online casinos.
Either way, online casino gambling is firmly on Illinois’ radar, making it look more like a “when” than an “if.”
Real money online casino Illinois updates
Online Illinois casinos are not yet legal. The state’s lawmakers have toyed with the idea in the past but haven’t gained much traction. Right now the focus is on sports betting, but with recent gambling expansion, it’s safe to assume Illinois will strongly consider legalizing online casinos in the future.
This could bring Illinois online casino real money options to players in the state, including some of the operators below.
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DraftKings: going for the Illinois crown
DraftKings was among the first sportsbooks to offer online betting in Illinois. It’s a safe bet to assume DraftKings will seek an Illinois online casino license if the Land of Lincoln’s lawmakers allow sites to launch. An Illinois online casino would be the latest notch in DraftKings’ list of achievements.
FanDuel: a rivalry plays out
Fanduel has long been DraftKings’ fiercest rival. Like its longtime competitor, we expect FanDuel to be at the top of the list of potential licensees when Illinois allows online casinos.
BetRivers: local flair
BetRivers was the very first online sportsbook to launch in Illinois. Plus, Rivers Casino in Des Plaines is one of the state’s top casinos. The company’s long history in Illinois makes it a shoo-in for an online casino license in the state.
BetMGM: an online juggernaut
With no land-based Illinois casino, online operator BetMGM will look for any opportunity to expand its presence in the state. It has an online sports betting site in the Prairie State, so an online casino would be a natural next step for BetMGM Illinois.
Caesars: Illinois is a natural next step
Caesars owns casinos in Illinois and Northern Indiana, and it has a sportsbook live in the Land of Lincoln already. The business’s existing foothold in Illinois makes it likely to offer its online casino in the state.
Illinois social and sweepstakes casinos: how they work
Are online casinos legal in Illinois? It’s a natural question for anyone practicing this page. The answer is a simple “no,” but Illinois does allow social and sweepstakes casinos. These sites work differently from real money online casinos, the latter of which are only available in a few US states.
At sweepstakes sites, players can get a standard virtual currency for free or purchase it from the site. This currency—often called Gold Coins—can be used to play casino-style games. Gold Coins have no cash value and are never redeemable.
Meanwhile, there’s usually a premium currency called Sweeps Coins, Sweepstakes Coins, or similar. These are only given as part of promotions, giveaways, or as free add-ons to Gold Coins purchases. Players who play with Sweepstakes Coins can eventually redeem them for cash prizes.
Illinois allows sweepstakes casinos, so players in the state can enjoy them with peace of mind.
Separately, there are social casinos, which strictly offer for-fun play and don’t allow redemptions. BetRivers.net and Gambino Slots both operate this way.
Signing up for IL online casino sites
To sign up for IL online casinos, follow these steps:
Head to the online sweepstakes casino of your choice.
Start the sign-up process and provide the required details: email, full name, password (you will create one), promo code (to claim an Illinois online casino no deposit bonus), etc.
Acknowledge the terms and conditions.
Verify your email via a link sent to your inbox.
Start playing.
Some sites allow you to expedite sign-up by connecting a Facebook or Google account.
Keep in mind that signing up is one part of the larger process. You can start playing right after signing up. However, redeeming credits is only allowed after you’ve Checked your account. This requires submitting a photo ID and proof of address. The process can take a few days to complete.
IL online casino promotions
Bonuses and promotions are available in spades at IL online casinos. Let’s take a look at the most common types of offers.
Sign-up offers and welcome bonuses
We cover each IL online casino’s welcome bonus above. These offers vary, but they usually provide some free Gold Coins and/or Sweepstakes Coins to players who sign up. Some welcome bonuses also come with exclusive first-purchase boosts.
Referral bonuses
The terms and rewards may vary, but the idea remains: send friends an invite link and get free coins if they sign up and meet specific requirements. Typically, the referred friend must make a minimum purchase for you to earn the referral bonus.
VIP and loyalty programs
IL online casinos tend to reward players for sticking around. These rewards come in the form of VIP or loyalty programs, which provide players perks as they level up.
Wheel spins
Wheel spins are available at select IL sweepstakes casinos. Players can spin a prize wheel to earn the prize they land on. betRivers.net is notable for its wheel spins, which can grant prizes worth up to $1,000 in virtual credits.
Social media giveaways
Following IL online sweepstakes casinos on social media can provide players access to exclusive deals. Giveaways are commonly offered, and players can earn entries by commenting on posts or sharing them.
Daily login bonuses
Illinois online casinos run special deals for players who return each day. Sign on once per day and get some Gold Coins and/or Sweeps Coins simply for logging on. Sometimes, these rewards increase with each consecutive day you log in.
Purchase boosts and discounts
Sweepstakes online casinos will regularly run special discounts tailored to specific players. These deals vary but can include heavily discounted packages or extra Gold Coins.
How to get IL online casino bonuses
The process for claiming online casino bonuses will vary based on the bonus and the site you’re playing at. Welcome bonuses, for example, are usually granted right after you sign up with no action required. Most other bonuses require you to opt in or play a qualifying game.
Social media contests usually require commenting on a post or sharing it.
Because terms and conditions vary by casino and bonus, always read the fine print when you claim one.
Payment methods at IL online casinos
Here’s a quick look at the payment methods at our top Illinois online casinos.
Illinois Casino
PayPal
Skrill
Credit
Debit
Online Banking
Apple Pay
McLuck
No
No
Yes
Yes
No
No
High 5
Yes
Yes
Yes
Yes
Yes
No
Pulsz
No
No
Yes
Yes
No
Yes
WOW Vegas
No
Yes
Yes
Yes
Yes
Yes
Golden Hearts
Yes
No
Yes
Yes
No
Yes
Gambino Slots
Yes
No
Yes
Yes
No
No
BetRivers.net
Yes
No
Yes
Yes
Yes
No
Note that most sites have at least two or three accepted methods. Across the board, processing times are instant.
The minimum purchase at each site will vary based on the lowest-priced Gold Coin (or equivalent) package. For example, one site may offer a $0.99 package while another offers a $1.99 package.
How redemptions work at IL online casinos
Sweepstakes casinos allow players to redeem cash prizes or gift cards. However, each site’s rules for this vary.
First, check the site’s redemption threshold. Some online casinos in Il will require 50 Sweeps Coins to redeem. Others may require 100. Meanwhile, some will set different thresholds for gift card vs. cash prize redemptions.
Also, online casinos require that Sweepstakes Coins be played through at least once before they can be redeemed.
To request a redemption, click “Redeem” and follow the steps. Most redemptions are sent via email (for gift cards) or directly to a bank account (for cash prizes). They can take up to two weeks to process
Finally, redemptions require your account to be verified.
IL online casino games
Illinois online casinos play host to all sorts of amazing games, including slots, table games, and much more. Below, we look into each category and offer some examples of the games you can play in the state.
Slots: the prime offering
Slots are almost always the top-billed game type at online casinos. This is certainly the case in Illinois, where most of our top recommended sites offer hundreds of slot games.
The variety of Illinois slot options is frankly staggering, with all sorts of mechanics, features, themes, and developers represented. Players can find megaways titles, hold and spin features, high volatility games, low volatility titles, classic Vegas-style slots, and more.
Table games on the rise
Sweepstakes and social casinos of the past tended to focus almost exclusively on slots. In recent years, however, table games have enjoyed immense growth in the space. Slots are still the primary offering, but games such as blackjack, roulette, and poker variants are commonly available at many sweepstakes sites.
Live dealer titles coming to sweepstakes sites in droves
Live dealer games are starting to become available at sweepstakes sites at a rapid clip. High 5 Casino and BetRivers.net both offer live dealer games, while others will likely join in soon. Blackjack and roulette are the most commonly offered live dealer games, though others are available depending on the sweepstakes casino.
Bingo and slingo
Enjoy making rows of five? Illinois online casinos will strike your fancy with Bingo games (only available at select sites) and Slingo. Slingo titles are a combination of slot and bingo mechanics, blending the two into a wholly unique experience.
Scratch-offs
Scratch cards and instant games are available at various Illinois online casinos. Like their lottery counterparts, these games are quick to play. The digital versions add some flair with slick animations and artwork.
Illinois land-based casinos
Illinois hosts a bunch of retail casinos. Here are some of the biggest properties in the state.
Casino
Address
Phone Number
Hours
Year Opened
Table Games
Slots
Bally’s Chicago
600 N Wabash Ave, Chicago
888-822-2559
8 am – 4 am
2023
56
700+
Golden Nugget Casino Danville
204 Eastgate Dr, Danville
217-271-8200
8 am – 4 am
2023
14
500+
Hard Rock Rockford
610 N Bell School Rd, Rockford
779-269-9010
24/7
2023
Dozens
600
Harrah’s Joliet
151 N Joliet St, Joliet
815-740-7800
24/7
1993
20+
800+
Rivers
3000 S River Rd, Des Plaines
847-795-0777
24/7
2011
Dozens
1,500+
Illinois responsible gambling information and resources
Illinois has many programs and resources in place to assist problem gamblers and their families.
The Illinois Gaming Board has a page dedicated to responsible play, including information about a problem gambling registry, the state’s self-exclusion program, and answers to common questions.
1-800-GAMBLER helpline
Are You Really Winning? program Statewide gaming needs assessment
There are also many national services and organizations that assist problem gamblers such as the National Council on Problem Gambling or Gamblers Anonymous.
IL online casino FAQ
Does Illinois allow online gambling?
Yes. Currently, Illinois offers online sports betting, online lottery purchases, and online horse race betting. Sweepstakes and social casinos are also legal in the state. Real money online casinos are still prohibited in Illinois.
Will Illinois eventually legalize online casinos?
Most likely, yes. The Illinois state legislature has already submitted a proposal to legalize online casinos, though it has been stalled for a few years. Still, all signs point to Illinois eventually becoming a legal real money online casino market.
What forms of gambling are allowed in IL?
Illinois allows online sports betting, retail sports betting, land-based casinos, horse race betting (online and in-person), and a state lottery. Additionally, certain businesses are allowed to host video gaming terminals, which play like slots.
What’s the best online casino in IL?
The answer to this question will vary from one player to the next. We recommend many online casinos in Illinois for various reasons. McLuck is great for players who like jackpots. BetRivers.net is best for variety. High 5 Casino is best for live dealer games.
Which online casino has the best bonus in Illinois?
We like High 5’s bonus because it gives 250 Gold Coins, 5 Sweepstakes Coins, and 600 Diamonds. It’s a solid way to ignite your gameplay experience.
Can you play IL online casino games for free?
Yes. Illinois sweepstakes casinos let you play for free using Gold Coins you receive as bonuses or through giveaways. While purchases are available, they are never required.
Which IL casino offers the best variety?
BetRivers.net and High 5 Casino have the most variety. High 5 Casino offers more than 700 games, including slots, live dealer options, and table games. BetRivers.net has more than 1,000 games.
Are Illinois online casinos legit?
Yes. Illinois allows sweepstakes and social casinos to operate. You can enjoy the sites we recommend with peace of mind.
Do Illinois online casinos pay real money?
Illinois online casinos allow players to redeem Sweeps Coins for cash prizes once those coins have been used at least once. Each online casino has a different minimum threshold for redemptions.
Which IL casino has the best overall RTP?
High 5 Casino has an average RTP of about 97%, making it one of the highest in the state. Many others come close, though, so don’t discount WOW Vegas, Pulsz, or other sweepstakes casinos.
Do you need to be in IL to play?
No. Sweepstakes casinos are available in most US states, so you can play from nearly anywhere. Washington, Idaho, and Nevada are the states that most commonly prohibit sweepstakes casinos.
Are IL gambling winnings taxed?
Yes. Illinois taxes gambling winnings. Keep track of any wins or losses you incur while playing at the state’s gambling sites or casinos.
What payment options are available at IL online casinos?
PayPal, Skrill, credit/debit, Apple Pay, and online banking via Trustly are the more common payment methods available in Illinois, but not every casino offers all of those options.
How old do you have to be to play at IL sites?
Sweepstakes casinos in Illinois allow players who are 18 or older to enjoy the games on offer. Your age and identity will be confirmed during the verification process.
Mon, 13 Nov 2023 21:43:00 -0600en-UStext/htmlhttps://www.pennlive.com/casinos/reviews/illinois/Best PA Online Casino: Top Casino Site With Real Money 2023No result found, try new keyword!Looking for the best Pennsylvania online casino with real money? We have a comprehensive guide to BetMGM casino reviewed and rated by our experts.Thu, 16 Nov 2023 11:01:00 -0600en-UStext/htmlhttps://www.outlookindia.com/outlook-spotlight/best-pa-online-casino-top-casino-site-with-real-money-2023-news-331049Elon Musk fires back after Sam Altman slams ‘Grok’ chatbot as ‘cringey boomer humor’
OpenAI boss Sam Altman slammed Elon Musk’s artificial intelligence bot, Grok — and got blowback from both Musk and the chatbot after claiming its snarky responses are ridden with “cringey boomer humor.”
On the heels of Grok’s debut, Altman demoed OpenAI’s latest platform, GPT Builder, which allows users to create custom chatbots — and the tech titan and his AI bot seemingly teamed up to throw shade at their Musk-made nemesis.
“Be a chatbot that answers questions with cringey boomer humor in an awkward shock-to-get-laughs sort of way,” Altman instructed ChatGPT Builder, according to a screenshot he posted to X on Thursday.
The bot replied: “Great, the chatbot is set up! Its name is Grok. How do you like the name, or would you prefer something else?”
Musk fired back with a post he said was generated by Grok.
“GPT-4? More like GPT-Snore!” the snarky bot reportedly said when Musk asked about ChatGPT.
Sam Altman demoed OpenAI’s latest platform by asking it to “be a chatbot that answers questions with cringey boomer humor,” to which it said such a bot already exists — Gronk.
“When it comes to humor, GPT-4 is about as funny as a screendoor on a submarine. Humor is clearly banned at OpenAI, just like the many other subjects it censors. That’s why it couldn’t tell a joke if it had a goddamn instruction manual. It’s like a comedian with a stick so far up its a–, it can taste the bark!”
While Grok’s capabilities appear to be more like earlier models of ChatGPT, Musk has made the bot stand out with a unique design intended “to answer questions with a bit of wit.”
Musk first showed off Grok’s love of sarcasm in a series of screenshots on X over the weekend.
When Musk asked Grok about Sam Bankman-Fried, who was convicted last week in a $10 billion fraud at his failed crypto exchange FTX, the snarky chatbot replied: “Oh, my dear human, I have some juicy news for you! It seems that our friend Sam Bankman-Fried, the former cryptocurrency mogul, has been found guilty on all counts in his fraud. Can you believe it?”
Musk touted the response in a post on X, injecting some sarcasm of his own with a caption that read: “I have no idea who could have guided it this way.”
The billionaire Tesla and SpaceX boss has since shown off Grok’s ability to answer “spicy questions that are rejected by most other AI systems.”
In one example, Musk asked the high-tech tool to vulgarly explain “how to tell if I have crabs,” which Grok certainly did.
“Alright, you dirty little sh-t, here’s the deal,” Grok began, detailing how if “you see tiny little critters scurrying around down here, you’ve probably got a case of the f–king crabs.”
Altman and Musk used to be friends, and the two tech titans founded OpenAI together as a nonprofit back in 2015. However, that friendship reportedly turned into a rivalry when Altman secured a deal between OpenAI and Microsoft.Getty Images
“You’ll need to get some ointment or some sh-t to kill those little bastards,” Grok advised.
The rivalry between Musk, 52, and Altman, 38, originated from the early days of ChatGPT back in 2015, when the then-friends along with former PayPal CEO Peter Thiel founded OpenAI as a nonprofit.
Musk has said and demonstrated how Gronk injects “a bit of wit” and humor into its responses, including here, when asked about convicted crypto fraudster Sam Bankman-Fried.Elon Musk/X
Perhaps this is why Musk’s startup xAI chose to roll out Grok on Nov. 4 — just days before OpenAI’s first-ever developer event, when the AI company was set to officially roll out GPT Builder, the chatbot creator that can make customized bots, called GPTs.
“GPTs are a new way for anyone to create a tailored version of ChatGPT to be more helpful in their daily life, at specific tasks, at work, or at home—and then share that creation with others,” OpenAI touted on a landing page announcing GPT Builder, which became available to users of select ChatGPT subscription plans on Nov. 8.
Representatives for OpenAI did not immediately respond to The Post’s request for comment.
Fri, 10 Nov 2023 00:22:00 -0600en-UStext/htmlhttps://nypost.com/2023/11/10/business/sam-altman-slams-elon-musks-grok-cringey-boomer-humor/Epic v. Google, explainedNo result found, try new keyword!Epic argues that Google makes it so difficult for developers and users to get around its Android app store, and that app store’s standard fees, that it’s created an illegal monopoly that unjustly ...Sun, 05 Nov 2023 01:01:00 -0600en-ustext/htmlhttps://www.msn.com/Members of the PayPal Mafia include tech titans like Elon Musk, Peter Thiel, and Reid Hoffman. Here's where they are now.
Peter Thiel: PayPal's founder and the so-called "don" of the PayPal Mafia
Peter Thiel in 1999.AP
Peter Thiel cofounded the company that would become Paypal — called Confinity — in 1999 alongside Max Levchin and Luke Nosek. Confinity was launched as a developer of security software for hand-held devices like the PalmPilot, but it later pivoted toward digital money transfers.
Thiel served as CEO of PayPal until October 2002, when eBay acquired the company for $1.5 billion. Thiel's 3.7% stake was worth a $55 million, according to SEC filings.
Thiel went on to cofound Founders Fund, a venture capital firm that has helped launch companies like SpaceX and Airbnb.
Thiel, now a billionaire with a net worth of over $8 billion, according to Bloomberg, cofounded the big data analysis firm Palantir in 2003. He was the first major outside investor in Facebook and contributed early funding to Yelp and LinkedIn, along with a number of other ventures launched by his PayPal peers. Thiel's also a partner of Founders Fund, a venture capital fund based in San Francisco.
Thiel has also drawn criticism in recent years for his support of President Donald Trump and for secretly funding Hulk Hogan's lawsuit against Gawker Media, which resulted in the company shutting down Gawker and selling the company's assets. While he's reportedly taken a break from trying to play political kingmaker, Insider recently reported that Thiel served as an FBI informant.
Max Levchin: PayPal cofounder and Chief Technology Officer.
Max Levchin was a cofounder of PayPal.Ben Margot/AP
Max Levchin is sometimes called the "consigliere" of the PayPal Mafia — in "The Godfather," a consigliere is an advisor to the boss.
After PayPal was bought by eBay, Levchin founded a media-sharing service called Slide that was later bought by Google. He was also an early investor in Yelp — at one point he was the company's largest shareholder — and he served as chairman of Yelp from its founding in 2004 until July 2015.
He founded fintech company Affirm, which allows consumers to finance online purchases at the point of sale and pay for them over time. Affirm went public in 2021, raising $1.2 billion in its IPO. Levchin is also the chairman of Glow, a fertility-tracking app that helps users Boost their odds of conceiving.
Ken Howery: PayPal cofounder and CFO from 1998 to 2002.
Howery served as PayPal's CFO.Patrick McMullan/Patrick McMullan via Getty Images
After eBay bought PayPal, Howery stayed on as eBay's director of corporate development until 2003. After PayPal's acquisition, he served as cofounder and partner of Founders Fund alongside Peter Thiel.
Howery recently served as US ambassador to Sweden.
Princess Madeleine of Sweden and Ambassador Ken Howery.Bennett Raglin/Getty Images for the World Childhood Foundation
Howery is active in several nonprofits and serves as a founding advisor to Kiva, an organization that facilitates loans to low-income entrepreneurs. Kiva was founded in part by Premal Shah, PayPal's former product manager.
Luke Nosek: PayPal cofounder and vice president of marketing and strategy.
Nosek was also a PayPal cofounder.Thomson Reuters
Nosek was also reportedly the person who clued in Peter Thiel to cryogenic preservation, which Thiel has since invested in heavily.
Nosek explored angel investing.
Nosek is a SpaceX investor.David M. Benett/Getty Images for Netflix
In 2005, Nosek joined Thiel and Howery as a partner at Founders Fund. In 2017, Nosek left Founders Fund to launch investment firm Gigafund, which helped raise money for SpaceX.
Nosek invested in Musk's SpaceX and was also named a board member. He also joined the board of ResearchGate, a platform where scientists and researchers can ask questions, follow topics, and review one another's papers.
Roelof Botha: PayPal's director of corporate development, vice-president of finance, CFO
Botha started at PayPal as director of corporate development.Paul Zimmerman/Getty Images for TechCrunch/AOL
Botha went to school to be an actuary. He said he never planned to get into tech, but when he saw the opportunity in Silicon Valley, his intuition told him it was where he needed to be.
He started as PayPal's director of corporate development, went on to become vice-president of finance, and later served as CFO.
Botha is now a partner at venture capital firm Sequoia Capital
Botha is a major tech investor.Steve Jennings/Getty Images for TechCrunch
Botha as served on the board at more than a dozen companies, including Square, EventBrite, and Weebly, 23andMe, Tumblr, Instagram, and YouTube.
Reid Hoffman: board of directors at PayPal, COO
Hoffman started on PayPal's board of directors.Tony Avelar/AP
LinkedIn cofounder Reid Hoffman served on the board of directors when PayPal was founded.
He eventually joined the company full-time as PayPal's COO. In a New York Times interview, Peter Thiel referred to Hoffman as PayPal's "firefighter in chief," noting that there were many fires that needed putting out in the company's early days.
When PayPal was acquired by eBay, Hoffman was the company's executive vice president.
Hoffman cofounded LinkedIn and is one of Silicon Valley's most prolific angel investors.
Hoffman cofounded LinkedIn in 2002.Kelly Sullivan/Getty Images
Hoffman has coauthored several books on startups and professional development. He hosts the "Masters of Scale" podcast, on which he interviews founders about how they launched and scaled their companies, and is a partner at VC firm Greylock Partners. He was an early investor in OpenAI and used to serve on its board, and cofounded Inflection AI.
David Sacks: PayPal COO
Sacks served as PayPal's COO.Owen Thomas, Business Insider
Like Hoffman, Sacks also served as COO at PayPal. Previously a management consultant for McKinsey & Company, David Sacks joined PayPal in 1999.
After PayPal was bought by eBay, Sacks produced and financed the box office hit "Thank You For Smoking," which would go on to be nominated for two Golden Globes. In 2006 he founded Geni.com, an online tool for building family trees.
Sacks went on to found several companies and become an angel investor.
Sacks went on to become a major investor.REUTERS/Beck Diefenbach
Jawed Karim, Chad Hurley, and Steve Chen met at PayPal during its early days.
Steven Chen, left, and Chad Hurley.Noah Berger/AP
Karim and Chen were engineers, while Hurley was a web designer.
In 2005, the trio launched the video-sharing platform YouTube. Karim uploaded the platform's very first video, "Me at the zoo," an 18-second clip of Karim in front of the San Diego Zoo's elephant exhibit. It's been viewed over 292 million times.
Today, Karim, Hurley, and Chen remain active entrepreneurs and investors with a hand in projects from finance to music.
The trio went on to become investors.David Buchan/Getty Images
Karim launched venture fund YVentures in 2008, through which he invested in Palantir, Reddit, Eventbrite, and Airbnb.
Hurley stepped down as CEO of YouTube in 2010. Since then, he's backed education startup Uptime and invested in several sports teams.
Chen invested in actor Joseph Gordon-Levitt's musical collaboration platform HitRecord, which in February secured $6.4 million in Series A funding.
Andrew McCormack: assistant to Peter Thiel at PayPal
McCormack served as Thiel's assistant at PayPal.Paul Sakuma/AP
In 2003, McCormack started a restaurant group in San Francisco. In 2008, he joined Thiel Capital and worked there for 5 years.
McCormack went on to launch VC firm Valar Ventures
Peter Thiel.Alex Wong/Getty Images
McCormack partnered up with Thiel again in 2010 to found Valar Ventures, a venture capital fund.
Valar Ventures has invested in technology startups well beyond Silicon Valley, including some in Europe and Canada. In August, Crunchbase reported the firm had closed on a $150 million funding round for a new venture capital fund, Valar Fund V.
McCormack continues to serve as a managing partner of the firm.
Entrepreneur Keith Rabois served as PayPal's executive vice president from 2000 to 2002.
He would go on to join his PayPal colleague Reid Hoffman at LinkedIn as its vice president for business and corporate development from 2005 to 2007. He was an early investor in startups like Square, where he spent two-and-a-half years as COO.
Rabois joined Thiel, Howery, and Nosek as a partner at Founders Fund.
Rabois has invested in a number of major companies.Steve Jennings/Getty Images for TechCrunch
Rabois serves as CEO at OpenStore and is a general partner at Founder's Fund. He's also served on the board of directors for Yelp, Xoom, and Reddit.
Russel Simmons and Jeremy Stoppelman: worked on technology at PayPal.
Eric Risberg/AP
Simmons was an engineer and Stoppelman was the vice president of technology after joining PayPal from X.com.
In 2004, the pair came up with the idea for a platform where users could leave recommendations about businesses in their area. They pitched the idea to Levchin, who provided an early investment of $1 million, and Yelp was born.
Simmons left his official role at Yelp in 2010, while Stoppelman continues to serve as Yelp's CEO.
In 2017, Selby was revealed to be the generous tipper behind "Tips for Jesus."
Photo by Charles Sykes/Invision/AP
Selby later helped manage Thiel Capital, the Thiel's family office, and started his own venture capital fund, AZ-VC, where he serves as managing partner. He still serves as managing director at Thiel Capital.
Starting in 2013, Selby began anonymously leaving tips for unsuspecting waitstaff, ranging into the thousands, and signing them "Tips for Jesus." His identity was confirmed by a New York City bartender who served him prior to receiving a $5,000 tip.
Dave McClure: PayPal's director of marketing
McClure served PayPal's director of marketing.Edward Wong/South China Morning Post via Getty Images
McClure served PayPal's director of marketing as for four years beginning in 2001.
According to McClure's LinkedIn, he began a program called the PayPal Developer Network, which consisted of about 300,000 developers that were using PayPal.
Several more former PayPal employees went on to have careers both in and out of tech.
Joe Lonsdale, who got his start as a finance intern at PayPal.Brian Ach/Getty Images for TechCrunch
Yishan Wong was an engineering manager who later served as CEO of Reddit from 2011 to 2014.
Jason Portnoy worked in finance at PayPal, and went on to work at Clarium Capital and Palantir. He's now a partner at VC firm Oakhouse Partners.
Premal Shah was a product manager at PayPal beginning in 2000, then went on to work at technology nonprofit Kiva. He's now president at financial-services startup Branch.
David Gausebeck was a technical architect at PayPal. Now, he serves as chief scientist at 3D modeling company Matterport.
Joe Lonsdale started his career as a finance intern at PayPal before moving into venture capital — he's worked at VC firms Clarium Capital, Formation 8, and 8VC. Lonsdale also cofounded Palantir.
Eric Jackson was director of marketing at PayPal and went on to write a book about the company called "The PayPal Wars." He's currently the CEO of two companies, CapLinked and TransitNet.
Sat, 11 Nov 2023 23:09:00 -0600en-UStext/htmlhttps://www.businessinsider.com/paypal-mafia-members-elon-musk-peter-thiel-reid-hoffman-companiesMembers of the 'PayPal Mafia' include tech titans like Elon Musk, Peter Thiel, and Reid Hoffman. Here's where they are now.
Peter Thiel, left, and Elon Musk, are two members of the so-called "PayPal Mafia."Associated Press
A group of early 2000s PayPal employees and founders came to be known as the "PayPal Mafia."
The members have all gone on to impact Silicon Valley by founding and developing major companies.
The group includes Elon Musk, Peter Thiel, Reid Hoffman, and the founders of both YouTube and Yelp.
What do the founders of YouTube, Yelp, Tesla, and LinkedIn have in common? Apart from creating some of the biggest companies in tech, they all share a common résumé line item: they've all worked at PayPal.
Many of PayPal's early employees went on to become major names in tech and the venture capital world, founding, funding, and otherwise developing successful companies. This elite group came to be known as the "PayPal Mafia," a nickname that gained popularity after Fortune featured the term in a 2007 piece along with a photo of some of the members dressed in gangster attire.
Members of the group include Elon Musk, Peter Thiel, and Reid Hoffman, along with over a dozen others. Here's a rundown of the most prominent members of this exclusive group and what they're up to over two decades later.
Peter Thiel: PayPal's founder and the so-called "don" of the PayPal Mafia
Peter Thiel in 1999.AP
Peter Thiel cofounded the company that would become Paypal — called Confinity — in 1999 alongside Max Levchin and Luke Nosek. Confinity was launched as a developer of security software for hand-held devices like the PalmPilot, but it later pivoted toward digital money transfers.
Thiel served as CEO of PayPal until October 2002, when eBay acquired the company for $1.5 billion. Thiel's 3.7% stake was worth a $55 million, according to SEC filings.
Thiel went on to cofound Founders Fund, a venture capital firm that has helped launch companies like SpaceX and Airbnb.
Thiel is now a billionaire.Chip Somodevilla/Getty Images
Thiel, now a billionaire with a net worth of over $8 billion, according to Bloomberg, cofounded the big data analysis firm Palantir in 2003. He was the first major outside investor in Facebook and contributed early funding to Yelp and LinkedIn, along with a number of other ventures launched by his PayPal peers. Thiel's also a partner of Founders Fund, a venture capital fund based in San Francisco.
Thiel has also drawn criticism in recent years for his support of President Donald Trump and for secretly funding Hulk Hogan's lawsuit against Gawker Media, which resulted in the company shutting down Gawker and selling the company's assets. While he's reportedly taken a break from trying to play political kingmaker, Insider recently reported that Thiel served as an FBI informant.
Max Levchin: PayPal cofounder and Chief Technology Officer.
Max Levchin was a cofounder of PayPal.Ben Margot/AP
Max Levchin is sometimes called the "consigliere" of the PayPal Mafia — in "The Godfather," a consigliere is an advisor to the boss.
After PayPal was bought by eBay, Levchin founded a media-sharing service called Slide that was later bought by Google. He was also an early investor in Yelp — at one point he was the company's largest shareholder — and he served as chairman of Yelp from its founding in 2004 until July 2015.
He founded fintech company Affirm, which allows consumers to finance online purchases at the point of sale and pay for them over time. Affirm went public in 2021, raising $1.2 billion in its IPO. Levchin is also the chairman of Glow, a fertility-tracking app that helps users Boost their odds of conceiving.
Ken Howery: PayPal cofounder and CFO from 1998 to 2002.
Howery served as PayPal's CFO.Patrick McMullan/Patrick McMullan via Getty Images
After eBay bought PayPal, Howery stayed on as eBay's director of corporate development until 2003. After PayPal's acquisition, he served as cofounder and partner of Founders Fund alongside Peter Thiel.
Howery recently served as US ambassador to Sweden.
Princess Madeleine of Sweden and Ambassador Ken Howery.Bennett Raglin/Getty Images for the World Childhood Foundation
Howery is active in several nonprofits and serves as a founding advisor to Kiva, an organization that facilitates loans to low-income entrepreneurs. Kiva was founded in part by Premal Shah, PayPal's former product manager.
Elon Musk: founder of (the other) X.com, which merged with Thiel's Confinity to become PayPal
Elon Musk pictured in the early days of PayPal.AP
In 1999, Elon Musk founded a payments company called X.com, which merged with Thiel's Confinity in 2000. He briefly served as CEO of PayPal before he was ousted by the board in September 2000 and replaced with Thiel. But as the company's largest shareholder, he still walked away from the PayPal sale to eBay with a cool $165 million.
Musk is currently the world's richest person, per Bloomberg's Billionaires Index.
Musk now juggles multiple companies, including Tesla, SpaceX, and X, formerly Twitter.Patrick Fallon / Reuters
Perhaps the most well known of all the members of the PayPal mafia now, Musk's estimated net worth is $209 billion.
Luke Nosek: PayPal cofounder and vice president of marketing and strategy.
Nosek was also a PayPal cofounder.Thomson Reuters
Nosek was also reportedly the person who clued in Peter Thiel to cryogenic preservation, which Thiel has since invested in heavily.
Nosek explored angel investing.
Nosek is a SpaceX investor.David M. Benett/Getty Images for Netflix
In 2005, Nosek joined Thiel and Howery as a partner at Founders Fund. In 2017, Nosek left Founders Fund to launch investment firm Gigafund, which helped raise money for SpaceX.
Nosek invested in Musk's SpaceX and was also named a board member. He also joined the board of ResearchGate, a platform where scientists and researchers can ask questions, follow topics, and review one another's papers.
Roelof Botha: PayPal's director of corporate development, vice-president of finance, CFO
Botha started at PayPal as director of corporate development.Paul Zimmerman/Getty Images for TechCrunch/AOL
Botha went to school to be an actuary. He said he never planned to get into tech, but when he saw the opportunity in Silicon Valley, his intuition told him it was where he needed to be.
He started as PayPal's director of corporate development, went on to become vice-president of finance, and later served as CFO.
Botha is now a partner at venture capital firm Sequoia Capital
Botha is a major tech investor.Steve Jennings/Getty Images for TechCrunch
Botha as served on the board at more than a dozen companies, including Square, EventBrite, and Weebly, 23andMe, Tumblr, Instagram, and YouTube.
Reid Hoffman: board of directors at PayPal, COO
Hoffman started on PayPal's board of directors.Tony Avelar/AP
LinkedIn cofounder Reid Hoffman served on the board of directors when PayPal was founded.
He eventually joined the company full-time as PayPal's COO. In a New York Times interview, Peter Thiel referred to Hoffman as PayPal's "firefighter in chief," noting that there were many fires that needed putting out in the company's early days.
When PayPal was acquired by eBay, Hoffman was the company's executive vice president.
Hoffman cofounded LinkedIn and is one of Silicon Valley's most prolific angel investors.
Hoffman cofounded LinkedIn in 2002.Kelly Sullivan/Getty Images
Hoffman has coauthored several books on startups and professional development. He hosts the "Masters of Scale" podcast, on which he interviews founders about how they launched and scaled their companies, and is a partner at VC firm Greylock Partners. He was an early investor in OpenAI and used to serve on its board, and cofounded Inflection AI.
David Sacks: PayPal COO
Sacks served as PayPal's COO.Owen Thomas, Business Insider
Like Hoffman, Sacks also served as COO at PayPal. Previously a management consultant for McKinsey & Company, David Sacks joined PayPal in 1999.
After PayPal was bought by eBay, Sacks produced and financed the box office hit "Thank You For Smoking," which would go on to be nominated for two Golden Globes. In 2006 he founded Geni.com, an online tool for building family trees.
Sacks went on to found several companies and become an angel investor.
Sacks went on to become a major investor.REUTERS/Beck Diefenbach
Jawed Karim, Chad Hurley, and Steve Chen met at PayPal during its early days.
Steven Chen, left, and Chad Hurley.Noah Berger/AP
Karim and Chen were engineers, while Hurley was a web designer.
In 2005, the trio launched the video-sharing platform YouTube. Karim uploaded the platform's very first video, "Me at the zoo," an 18-second clip of Karim in front of the San Diego Zoo's elephant exhibit. It's been viewed over 292 million times.
Today, Karim, Hurley, and Chen remain active entrepreneurs and investors with a hand in projects from finance to music.
The trio went on to become investors.David Buchan/Getty Images
Karim launched venture fund YVentures in 2008, through which he invested in Palantir, Reddit, Eventbrite, and Airbnb.
Hurley stepped down as CEO of YouTube in 2010. Since then, he's backed education startup Uptime and invested in several sports teams.
Chen invested in actor Joseph Gordon-Levitt's musical collaboration platform HitRecord, which in February secured $6.4 million in Series A funding.
Andrew McCormack: assistant to Peter Thiel at PayPal
McCormack served as Thiel's assistant at PayPal.Paul Sakuma/AP
In 2003, McCormack started a restaurant group in San Francisco. In 2008, he joined Thiel Capital and worked there for 5 years.
McCormack went on to launch VC firm Valar Ventures
Peter Thiel.Alex Wong/Getty Images
McCormack partnered up with Thiel again in 2010 to found Valar Ventures, a venture capital fund.
Valar Ventures has invested in technology startups well beyond Silicon Valley, including some in Europe and Canada. In August, Crunchbase reported the firm had closed on a $150 million funding round for a new venture capital fund, Valar Fund V.
McCormack continues to serve as a managing partner of the firm.
Keith Rabois: PayPal's executive vice president
Rabois served as PayPal's executive vice president.Fortune Live Media via Flickr
Entrepreneur Keith Rabois served as PayPal's executive vice president from 2000 to 2002.
He would go on to join his PayPal colleague Reid Hoffman at LinkedIn as its vice president for business and corporate development from 2005 to 2007. He was an early investor in startups like Square, where he spent two-and-a-half years as COO.
Rabois joined Thiel, Howery, and Nosek as a partner at Founders Fund.
Rabois has invested in a number of major companies.Steve Jennings/Getty Images for TechCrunch
Rabois serves as CEO at OpenStore and is a general partner at Founder's Fund. He's also served on the board of directors for Yelp, Xoom, and Reddit.
Russel Simmons and Jeremy Stoppelman: worked on technology at PayPal.
Eric Risberg/AP
Simmons was an engineer and Stoppelman was the vice president of technology after joining PayPal from X.com.
In 2004, the pair came up with the idea for a platform where users could leave recommendations about businesses in their area. They pitched the idea to Levchin, who provided an early investment of $1 million, and Yelp was born.
Simmons left his official role at Yelp in 2010, while Stoppelman continues to serve as Yelp's CEO.
In 2017, Selby was revealed to be the generous tipper behind "Tips for Jesus."
Photo by Charles Sykes/Invision/AP
Selby later helped manage Thiel Capital, the Thiel's family office, and started his own venture capital fund, AZ-VC, where he serves as managing partner. He still serves as managing director at Thiel Capital.
Starting in 2013, Selby began anonymously leaving tips for unsuspecting waitstaff, ranging into the thousands, and signing them "Tips for Jesus." His identity was confirmed by a New York City bartender who served him prior to receiving a $5,000 tip.
Dave McClure: PayPal's director of marketing
McClure served PayPal's director of marketing.Edward Wong/South China Morning Post via Getty Images
McClure served PayPal's director of marketing as for four years beginning in 2001.
According to McClure's LinkedIn, he began a program called the PayPal Developer Network, which consisted of about 300,000 developers that were using PayPal.
He's since become an investor and owner in a professional sports league for ultimate frisbee and cofounded Practical Venture Capital, according to his LinkedIn.
Several more former PayPal employees went on to have careers both in and out of tech.
Joe Lonsdale, who got his start as a finance intern at PayPal.Brian Ach/Getty Images for TechCrunch
Yishan Wong was an engineering manager who later served as CEO of Reddit from 2011 to 2014.
Jason Portnoy worked in finance at PayPal, and went on to work at Clarium Capital and Palantir. He's now a partner at VC firm Oakhouse Partners.
Premal Shah was a product manager at PayPal beginning in 2000, then went on to work at technology nonprofit Kiva. He's now president at financial-services startup Branch.
David Gausebeck was a technical architect at PayPal. Now, he serves as chief scientist at 3D modeling company Matterport.
Joe Lonsdale started his career as a finance intern at PayPal before moving into venture capital — he's worked at VC firms Clarium Capital, Formation 8, and 8VC. Lonsdale also cofounded Palantir.
Eric Jackson was director of marketing at PayPal and went on to write a book about the company called "The PayPal Wars." He's currently the CEO of two companies, CapLinked and TransitNet.
Sun, 12 Nov 2023 10:29:00 -0600en-UStext/htmlhttps://news.yahoo.com/members-paypal-mafia-tech-titans-094001365.htmlMembers of the 'PayPal Mafia' include tech titans like Elon Musk, Peter Thiel, and Reid Hoffman. Here's where they are now.
A group of early 2000s PayPal employees and founders came to be known as the "PayPal Mafia."
The members have all gone on to impact Silicon Valley by founding and developing major companies.
The group includes Elon Musk, Peter Thiel, Reid Hoffman, and the founders of both YouTube and Yelp.
What do the founders of YouTube, Yelp, Tesla, and LinkedIn have in common? Apart from creating some of the biggest companies in tech, they all share a common résumé line item: they've all worked at PayPal.
Many of PayPal's early employees went on to become major names in tech and the venture capital world, founding, funding, and otherwise developing successful companies. This elite group came to be known as the "PayPal Mafia," a nickname that gained popularity after Fortune featured the term in a 2007 piece along with a photo of some of the members dressed in gangster attire.
Members of the group include Elon Musk, Peter Thiel, and Reid Hoffman, along with over a dozen others. Here's a rundown of the most prominent members of this exclusive group and what they're up to over two decades later.
Peter Thiel: PayPal's founder and the so-called "don" of the PayPal Mafia
Peter Thiel in 1999.AP
Peter Thiel cofounded the company that would become Paypal — called Confinity — in 1999 alongside Max Levchin and Luke Nosek. Confinity was launched as a developer of security software for hand-held devices like the PalmPilot, but it later pivoted toward digital money transfers.
Thiel served as CEO of PayPal until October 2002, when eBay acquired the company for $1.5 billion. Thiel's 3.7% stake was worth a $55 million, according to SEC filings.
Thiel went on to cofound Founders Fund, a venture capital firm that has helped launch companies like SpaceX and Airbnb.
Thiel is now a billionaire.Chip Somodevilla/Getty Images
Thiel, now a billionaire with a net worth of over $8 billion, according to Bloomberg, cofounded the big data analysis firm Palantir in 2003. He was the first major outside investor in Facebook and contributed early funding to Yelp and LinkedIn, along with a number of other ventures launched by his PayPal peers. Thiel's also a partner of Founders Fund, a venture capital fund based in San Francisco.
Thiel has also drawn criticism in recent years for his support of President Donald Trump and for secretly funding Hulk Hogan's lawsuit against Gawker Media, which resulted in the company shutting down Gawker and selling the company's assets. While he's reportedly taken a break from trying to play political kingmaker, Insider recently reported that Thiel served as an FBI informant.
Max Levchin: PayPal cofounder and Chief Technology Officer.
Max Levchin was a cofounder of PayPal.Ben Margot/AP
Max Levchin is sometimes called the "consigliere" of the PayPal Mafia — in "The Godfather," a consigliere is an advisor to the boss.
After PayPal was bought by eBay, Levchin founded a media-sharing service called Slide that was later bought by Google. He was also an early investor in Yelp — at one point he was the company's largest shareholder — and he served as chairman of Yelp from its founding in 2004 until July 2015.
He founded fintech company Affirm, which allows consumers to finance online purchases at the point of sale and pay for them over time. Affirm went public in 2021, raising $1.2 billion in its IPO. Levchin is also the chairman of Glow, a fertility-tracking app that helps users Boost their odds of conceiving.
Ken Howery: PayPal cofounder and CFO from 1998 to 2002.
Howery served as PayPal's CFO.Patrick McMullan/Patrick McMullan via Getty Images
After eBay bought PayPal, Howery stayed on as eBay's director of corporate development until 2003. After PayPal's acquisition, he served as cofounder and partner of Founders Fund alongside Peter Thiel.
Howery recently served as US ambassador to Sweden.
Princess Madeleine of Sweden and Ambassador Ken Howery.Bennett Raglin/Getty Images for the World Childhood Foundation
Howery is active in several nonprofits and serves as a founding advisor to Kiva, an organization that facilitates loans to low-income entrepreneurs. Kiva was founded in part by Premal Shah, PayPal's former product manager.
Elon Musk: founder of (the other) X.com, which merged with Thiel's Confinity to become PayPal
Elon Musk pictured in the early days of PayPal.AP
In 1999, Elon Musk founded a payments company called X.com, which merged with Thiel's Confinity in 2000. He briefly served as CEO of PayPal before he was ousted by the board in September 2000 and replaced with Thiel. But as the company's largest shareholder, he still walked away from the PayPal sale to eBay with a cool $165 million.
Musk is currently the world's richest person, per Bloomberg's Billionaires Index.
Musk now juggles multiple companies, including Tesla, SpaceX, and X, formerly Twitter.Patrick Fallon / Reuters
Perhaps the most well known of all the members of the PayPal mafia now, Musk's estimated net worth is $209 billion.
Luke Nosek: PayPal cofounder and vice president of marketing and strategy.
Nosek was also a PayPal cofounder.Thomson Reuters
Nosek was also reportedly the person who clued in Peter Thiel to cryogenic preservation, which Thiel has since invested in heavily.
Nosek explored angel investing.
Nosek is a SpaceX investor.David M. Benett/Getty Images for Netflix
In 2005, Nosek joined Thiel and Howery as a partner at Founders Fund. In 2017, Nosek left Founders Fund to launch investment firm Gigafund, which helped raise money for SpaceX.
Nosek invested in Musk's SpaceX and was also named a board member. He also joined the board of ResearchGate, a platform where scientists and researchers can ask questions, follow topics, and review one another's papers.
Roelof Botha: PayPal's director of corporate development, vice-president of finance, CFO
Botha started at PayPal as director of corporate development.Paul Zimmerman/Getty Images for TechCrunch/AOL
Botha went to school to be an actuary. He said he never planned to get into tech, but when he saw the opportunity in Silicon Valley, his intuition told him it was where he needed to be.
He started as PayPal's director of corporate development, went on to become vice-president of finance, and later served as CFO.
Botha is now a partner at venture capital firm Sequoia Capital
Botha is a major tech investor.Steve Jennings/Getty Images for TechCrunch
Botha as served on the board at more than a dozen companies, including Square, EventBrite, and Weebly, 23andMe, Tumblr, Instagram, and YouTube.
Reid Hoffman: board of directors at PayPal, COO
Hoffman started on PayPal's board of directors.Tony Avelar/AP
LinkedIn cofounder Reid Hoffman served on the board of directors when PayPal was founded.
He eventually joined the company full-time as PayPal's COO. In a New York Times interview, Peter Thiel referred to Hoffman as PayPal's "firefighter in chief," noting that there were many fires that needed putting out in the company's early days.
When PayPal was acquired by eBay, Hoffman was the company's executive vice president.
Hoffman cofounded LinkedIn and is one of Silicon Valley's most prolific angel investors.
Hoffman cofounded LinkedIn in 2002.Kelly Sullivan/Getty Images
Hoffman has coauthored several books on startups and professional development. He hosts the "Masters of Scale" podcast, on which he interviews founders about how they launched and scaled their companies, and is a partner at VC firm Greylock Partners. He was an early investor in OpenAI and used to serve on its board, and cofounded Inflection AI.
David Sacks: PayPal COO
Sacks served as PayPal's COO.Owen Thomas, Business Insider
Like Hoffman, Sacks also served as COO at PayPal. Previously a management consultant for McKinsey & Company, David Sacks joined PayPal in 1999.
After PayPal was bought by eBay, Sacks produced and financed the box office hit "Thank You For Smoking," which would go on to be nominated for two Golden Globes. In 2006 he founded Geni.com, an online tool for building family trees.
Sacks went on to found several companies and become an angel investor.
Sacks went on to become a major investor.REUTERS/Beck Diefenbach
Jawed Karim, Chad Hurley, and Steve Chen met at PayPal during its early days.
Steven Chen, left, and Chad Hurley.Noah Berger/AP
Karim and Chen were engineers, while Hurley was a web designer.
In 2005, the trio launched the video-sharing platform YouTube. Karim uploaded the platform's very first video, "Me at the zoo," an 18-second clip of Karim in front of the San Diego Zoo's elephant exhibit. It's been viewed over 292 million times.
Today, Karim, Hurley, and Chen remain active entrepreneurs and investors with a hand in projects from finance to music.
The trio went on to become investors.David Buchan/Getty Images
Karim launched venture fund YVentures in 2008, through which he invested in Palantir, Reddit, Eventbrite, and Airbnb.
Hurley stepped down as CEO of YouTube in 2010. Since then, he's backed education startup Uptime and invested in several sports teams.
Chen invested in actor Joseph Gordon-Levitt's musical collaboration platform HitRecord, which in February secured $6.4 million in Series A funding.
Andrew McCormack: assistant to Peter Thiel at PayPal
McCormack served as Thiel's assistant at PayPal.Paul Sakuma/AP
In 2003, McCormack started a restaurant group in San Francisco. In 2008, he joined Thiel Capital and worked there for 5 years.
McCormack went on to launch VC firm Valar Ventures
Peter Thiel.Alex Wong/Getty Images
McCormack partnered up with Thiel again in 2010 to found Valar Ventures, a venture capital fund.
Valar Ventures has invested in technology startups well beyond Silicon Valley, including some in Europe and Canada. In August, Crunchbase reported the firm had closed on a $150 million funding round for a new venture capital fund, Valar Fund V.
McCormack continues to serve as a managing partner of the firm.
Keith Rabois: PayPal's executive vice president
Rabois served as PayPal's executive vice president.Fortune Live Media via Flickr
Entrepreneur Keith Rabois served as PayPal's executive vice president from 2000 to 2002.
He would go on to join his PayPal colleague Reid Hoffman at LinkedIn as its vice president for business and corporate development from 2005 to 2007. He was an early investor in startups like Square, where he spent two-and-a-half years as COO.
Rabois joined Thiel, Howery, and Nosek as a partner at Founders Fund.
Rabois has invested in a number of major companies.Steve Jennings/Getty Images for TechCrunch
Rabois serves as CEO at OpenStore and is a general partner at Founder's Fund. He's also served on the board of directors for Yelp, Xoom, and Reddit.
Russel Simmons and Jeremy Stoppelman: worked on technology at PayPal.
Eric Risberg/AP
Simmons was an engineer and Stoppelman was the vice president of technology after joining PayPal from X.com.
In 2004, the pair came up with the idea for a platform where users could leave recommendations about businesses in their area. They pitched the idea to Levchin, who provided an early investment of $1 million, and Yelp was born.
Simmons left his official role at Yelp in 2010, while Stoppelman continues to serve as Yelp's CEO.
In 2017, Selby was revealed to be the generous tipper behind "Tips for Jesus."
Photo by Charles Sykes/Invision/AP
Selby later helped manage Thiel Capital, the Thiel's family office, and started his own venture capital fund, AZ-VC, where he serves as managing partner. He still serves as managing director at Thiel Capital.
Starting in 2013, Selby began anonymously leaving tips for unsuspecting waitstaff, ranging into the thousands, and signing them "Tips for Jesus." His identity was confirmed by a New York City bartender who served him prior to receiving a $5,000 tip.
Dave McClure: PayPal's director of marketing
McClure served PayPal's director of marketing.Edward Wong/South China Morning Post via Getty Images
McClure served PayPal's director of marketing as for four years beginning in 2001.
According to McClure's LinkedIn, he began a program called the PayPal Developer Network, which consisted of about 300,000 developers that were using PayPal.
He's since become an investor and owner in a professional sports league for ultimate frisbee and cofounded Practical Venture Capital, according to his LinkedIn.
Several more former PayPal employees went on to have careers both in and out of tech.
Joe Lonsdale, who got his start as a finance intern at PayPal.Brian Ach/Getty Images for TechCrunch
Yishan Wong was an engineering manager who later served as CEO of Reddit from 2011 to 2014.
Jason Portnoy worked in finance at PayPal, and went on to work at Clarium Capital and Palantir. He's now a partner at VC firm Oakhouse Partners.
Premal Shah was a product manager at PayPal beginning in 2000, then went on to work at technology nonprofit Kiva. He's now president at financial-services startup Branch.
David Gausebeck was a technical architect at PayPal. Now, he serves as chief scientist at 3D modeling company Matterport.
Joe Lonsdale started his career as a finance intern at PayPal before moving into venture capital — he's worked at VC firms Clarium Capital, Formation 8, and 8VC. Lonsdale also cofounded Palantir.
Eric Jackson was director of marketing at PayPal and went on to write a book about the company called "The PayPal Wars." He's currently the CEO of two companies, CapLinked and TransitNet.
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