Paypal Mafia
SEE SILICAN VLY LIBTARDS MUSK
IF CRYPTO DEREG ?!
===
7 24
republicans-think-elon-musk-is-total-flake-report
Elon Musk recently came out with a public endorsement of Donald Trump for president, but Republicans haven’t fully embraced him, according to a report from *The New York Times*.
The tech billionaire CEO of Twitter, Tesla, and SpaceX has been highly sought after by GOP fundraisers and Trump associates for years, who see him both as a meal ticket and a potential inspiration for the party. But Musk doesn’t have a solid record for political involvement.
For example, he has promised to spend money on “free speech” lawsuits to support conservatives who claim that they are the victims of social media censorship but hasn’t followed through. Musk has also been a no-show at public appearances, such as a 2023 event to support Kevin McCarthy, then the newly elected speaker of the House. In San Francisco, he promised to donate $100,000 to the centrist group GrowSF to defeat progressives, but again didn’t follow through.
“Some conservative activists said they wished that Mr. Musk had followed through more on promises,” the Times reported.
Musk’s public endorsement of Trump only came after a gunman tried to assassinate the former president and convicted felon on Saturday. Previously, the tech magnate, while privately urging friends not to vote for Biden, was waiting until the president had secured the Democratic nomination, according to the Times.
Musk’s confidants in the tech world, such as Joe Lonsdale, a co-founder of data analytics firm Palantir, reportedly discuss politics with him and have urged him to play a more active role. Lonsdale founded AmericaPAC to help Trump return to the White House, with Musk reportedly pledging a monthly donation of $45 million, according to *The Wall Street Journal*. Musk denied the report, leaving those involved with the PAC to wonder how much he plans to donate, or if he will at all.
Alongside fellow tech CEOs Peter Thiel and David Sacks, Musk is a member of the “PayPal mafia,” the group of early supporters and founders of the payment service. All three have embraced conservative ideas and supported J.D. Vance as Trump’s running mate, with Musk and Sacks openly lobbying Trump on behalf of the Ohio senator. If Trump wins in November, the trio will have an administration friendly to their whims and those of Silicon Valley’s right wing.
Unfortunately More on Elon:
Why Elon Musk and Jeff Bezos Want Women to Stay Barefoot and Pregnant
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ny CNN 7 24
The Bay Area has long been, and remains, a hippie-dippie bastion of Democrats who voted overwhelmingly for Hillary Clinton in 2016 and Joe Biden in 2020. But there’s a small, powerful sect of Silicon Valley billionaires who are carving a path for the maybe-Trumpers and the MAGA-curious in the tech world.
Elon Musk explicitly endorsed Trump over the weekend and, according to The Wall Street Journal, inked a nine-figure donation promise to a new pro-Trump political action committee called America PAC. David Sacks, the billionaire tech investor, co-hosted a fundraiser last month at his San Francisco home and spoke at the Republican National Convention on Monday. Other contributors to America PAC include the Winklevoss twins, Doug Leone of Sequoia Capital and Palantir co-founder Joe Lonsdale, according to Federal Election Commission filings.
In the last election cycle, the few Trump backers who existed in the Valley largely kept their support under the radar. Their numbers are still small, but they’re no longer hiding, and their wallets are open.
So, what’s gotten into these guys?
For one, there might not be as many Trump supporters in the tech world as you might think.
“A mythology has been marketed by partisans suggesting a non-existent surge of tech titans abandoning the Democratic party support in a rush to support the Trump/Vance campaign. The truth is that most leading tech figures do not support Trump/Vance and those prominent ones who do, were there years ago as well,” Jeffrey Sonnenfeld, dean for leadership studies at the Yale School of Management, told CNN.
And for the ones you might have heard of, most likely, it’s not a sudden fervor for the far right’s Christian extremism or a predilection for red baseball caps. Instead, they’re looking out for the bottom line.
The two biggest pain points for people in tech have been the Biden administration’s record on antitrust enforcement and its attitude toward crypto, Adam Kovacevich, CEO of Chamber of Progress, a center-left tech policy group, told me.
“I don’t think it has as much to do with Trump per se,” he said. “I think they would have probably stayed with Biden if they felt more care and attention was being paid to the innovation economy.”
In other words: It’s not that the billionaires love Trump, it’s that they really don’t like Lina Khan, President Joe Biden’s top antitrust crusader; or Gary Gensler, the Wall Street cop who’s made no secret of his hostility toward digital assets.
Lina Khan, the FTC chair, has led an aggressive antitrust campaign, specifically targeting Big Tech.
Kevin Dietsch/Getty Images
In recent years, Khan has spearheaded lawsuits against Amazon, Microsoft and Meta. In an interview with CNN last year, Khan described those efforts as part of a broader campaign to bring more of the government’s resources to bear on the daily economic problems of ordinary Americans.
But government regulation, however well intentioned, rarely sits well with the people who are getting rich off the status quo.
Two of the most famous venture capitalists in the Valley, Marc Andreessen and Ben Horowitz, have committed to donating to America PAC, according to several news outlets.
The pair haven’t exactly been hiding their frustration with the Biden administration, either.
“The American government is now far more hostile to new startups than it used to be,” they wrote in a recent blog post, which cited regulatory agencies using “brute force investigations, prosecutions, intimidation, and threats to hobble new industries.” They also lamented the Biden administration’s proposed tax on unrealized capital gains, which they said would “absolutely kill” startups and the venture capital industry.
One person familiar with their plans told the Financial Times that their pivot to Trump was because “there is so much at stake on the crypto side” and the growth of artificial intelligence. “It doesn’t mean support for (Trump’s) views on immigration,” the person told the paper.
Historically, Trump hasn’t shown a lot of love for tech bros, whose social media companies he long accused of having anti-conservative bias, especially after several of them suspended his accounts in response to the January 6, 2021, attack on the Capitol. But the recent influx of tech money — facilitated in part by his 39-year-old venture-capitalist VP pick — appears to have softened some of Trump’s Luddite-ish views.
As recently as 2021, he called bitcoin a “scam against the dollar.” Lately, though, he’s positioning himself as the crypto-friendly candidate. While his campaign hasn’t laid out specific policy proposals around digital assets, it began accepting crypto donations this spring, and Trump is scheduled to speak at a national bitcoin conference next week.
The Biden administration, meanwhile, is working to mend ties with industry leaders who say they’ve been stymied by the SEC and Gensler, generally agreed to be the crypto community’s Voldemort.
To be sure, plenty of Big Tech dollars are still flowing to Biden and down-ballot Democrats from tech-world donors, including LinkedIn founder Reid Hoffman and Google co-founder Eric Schmidt. But Trump’s gains from Silicon Valley have come just as some major Democratic donors have hit pause amid conversations about replacing the president on the ballot.
And, as Kovacevich notes, just because there are a few big names turning toward Trump, “they’re not speaking for everybody.”
“In fact, most of the big company CEOs aren’t terribly involved in partisan politics,” Kovacevich says. “They’re going to have to work with whoever wins the election.”
this is also actual co
PayPal Gives InfoWars the boot
also mint?
https://www.propublica.org/article/leading-tech-companies-help-extremist-sites-monetize-hate
Because of its “extreme hostility toward Muslims,” the website Jihadwatch.org is considered an active hate group by the Southern Poverty Law Center and the Anti-Defamation League. The views of the site’s director, Robert Spencer, on Islam led the British Home Office to ban him from entering the country in 2013.
But its designation as a hate site hasn’t stopped tech companies — including PayPal, Amazon and Newsmax — from maintaining partnerships with Jihad Watch that help to sustain it financially. PayPal facilitates donations to the site. Newsmax — the online news network run by President Donald Trump’s close friend Chris Ruddy — pays Jihad Watch in return for users clicking on its headlines. Until recently, Amazon allowed Jihad Watch to participate in a program that promised a cut of any book sales that the site generated. All three companies have policies that say they don’t do business with hate groups.
Jihad Watch is one of many sites that monetize their extremist views through relationships with technology companies. ProPublica surveyed the most visited websites of groups designated as extremist by either the SPLC or the Anti-Defamation League. We found that more than half of them — 39 out of 69 — made money from ads, donations or other revenue streams facilitated by technology companies. At least 10 tech companies played a role directly or indirectly in supporting these sites.
Traditionally, tech companies have justified such relationships by contending that it’s not their role to censor the Internet or to discourage legitimate political expression. Also, their management wasn’t necessarily aware that they were doing business with hate sites because tech services tend to be automated and based on algorithms tied to demographics.
In the wake of last week’s violent protest by alt-right groups in Charlottesville, more tech companies have disavowed relationships with extremist groups. During just the last week, six of the sites on our list were shut down. Even the web services company Cloudflare, which had long defended its laissez-faire approach to political expression, finally ended its relationship with the neo-Nazi site The Daily Stormer last week.
“I can’t recall a time where the tech industry was so in step in their response to hate on their platforms,” said Oren Segal, director of the ADL’s Center on Extremism. “Stopping financial support to hate sites seems like a win-win for everyone.”
But ProPublica’s findings indicate that some tech companies with anti-hate policies may have failed to establish the monitoring processes needed to weed out hate sites.PayPal, the payment processor, has a policy against working with sites that use its service for “the promotion of hate, violence, [or] racial intolerance.” Yet it was by far the top tech provider to the hate sites with donation links on 23 sites, or about one-third of those surveyed by ProPublica. In response to ProPublica’s inquiries, PayPal spokesman Justin Higgs said in a statement that the company “strives to conscientiously assess activity and review accounts reported to us.”
After Charlottesville, PayPal stopped accepting payments or donations for several high-profile white nationalist groups that participated in the march.It posted a statement that it would remain “vigilant on hate, violence & intolerance.” It addresses each case individually, and “strives to navigate the balance between freedom of expression” and the “limiting and closing” of hate sites, it said.
After being contacted by ProPublica, Newsmax said it was unaware that the three sites that it had relationships with were considered hateful. “We will review the content of these sites and make any necessary changes after that review,” said Andy Brown, chief operating officer of Newsmax.
Amazon spokeswoman Angie Newman said the company had previously removed Jihad Watch and three other sites identified by ProPublica from its program sharing revenue for book sales, which is called Amazon Associates. When ProPublica pointed out that the sites still carried working links to the program, she said that it was their responsibility to remove the code. “They are no longer paid as an Associate regardless of what links are on their site once we remove them from the Associates Program,” she said.
Where to set the boundaries between hate speech and legitimate advocacy for perspectives on the edge of the political spectrum, and who should set them, are complex and difficult questions. Like other media outlets, we relied in part on the Southern Poverty Law Center’s public list of “Active Hate Groups 2016.” This list is controversial in some circles, with critics questioning whether the SPLC is too quick to brand organizations on the right as hate groups.
Still, the center does provide detailed explanations for many of its designations. For instance, the SPLC documents its decision to include the Family Research Council by citing the evangelical lobbying group’s promotion of discredited science and unsubstantiated attacks on gay and lesbian people. We also consulted a list from ADL, which is not public and that was provided to us for research purposes. See our methodology here.
The sites that we identified from the ADL and SPLC lists vehemently denied that they are hate sites....
===
import from uber:
"PayPal Mafia" is a term used to indicate a group of former PayPal employees and founders who have since founded and developed additional technology companies[1] such as Tesla Motors, LinkedIn, Palantir Technologies, SpaceX, YouTube, Yelp, and Yammer.[2] Most of the members attended Stanford University or University of Illinois at Urbana Champaign at some point in their studies. Several also attended the Illinois Mathematics and Science Academy during high school. Three members, Peter Thiel, Elon Musk, and Reid Hoffman, have become billionaires.[citation needed]
Contents
History:{:(style="margin-right:0px;margin-left:0px"):}:[edit:{]}:
Originally, PayPal was a money-transfer service offered by a company called Confinity which was acquired by X.com in 1999. Later X.com was renamed PayPal and purchased by eBay in 2002.[3][4] The original PayPal employees had difficulty adjusting to eBay's more traditional corporate culture and within four years all but 12 of the first 50 employees had left.[5] They remained connected as social and business acquaintances,[5] and a number of them worked together to form new companies in subsequent years. This group of PayPal alumni became so prolific that the term PayPal Mafia was coined.[3] The term[4][6] gained even wider exposure when a 2007 article in Fortune Magazine used the phrase in its headline and featured a photo of former PayPal employees in gangster attire.[4][7][8][9]
Legacy:{:(style="margin-right:0px;margin-left:0px"):}:[edit:{]}:
The PayPal Mafia are sometimes credited with inspiring the re-emergence of consumer-focused Internet companies after the dot com bust of 2001.[10] The PayPal Mafia phenomena has been compared to the founding of Intel in the late 1960s by engineers who had earlier founded Fairchild Semiconductor after leaving Shockley Semiconductor.[3] They are discussed in journalist Sarah Lacy's book Once You're Lucky, Twice You're Good. According to Lacy, the selection process and technical learning at PayPal played a role, but the main factor behind their future success was the confidence they gained there. Their success has been attributed to their youth; the physical, cultural, and economic infrastructure of Silicon Valley; and the diversity of their skill-sets.[3] PayPal's founders encouraged tight social bonds among its employees, and many of them continued to trust and support one another after leaving PayPal.[3] An intensely competitive environment and a shared struggle to keep the company solvent despite many setbacks also contributed to a strong and lasting camaraderie amongst former employees.[3][11]
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Individuals whom the media refers to as members of the PayPal Mafia include:
- Peter Thiel, PayPal founder and former chief executive officer who is sometimes referred to as the "don" of the PayPal Mafia[5]
- Max Levchin, Founder and chief technology officer at PayPal sometimes called the "consigliere" of the PayPal Mafia[4][12]
- Elon Musk, is founder of X.com which acquired the company Confinity. Musk later co-founded Tesla Motors and SpaceX, and is the Chairman of Solar City[3][8][13]
- David O. Sacks, former PayPal COO who later founded Geni.com and Yammer[3]
- Scott Banister, former Ironport CTO and PayPal board member
- Roelof Botha former PayPal CFO who later became a partner of venture capital firm Sequoia Capital[citation needed]
- Steve Chen, former PayPal engineer who co-founded YouTube
- Reid Hoffman, former executive vice president who later founded LinkedIn and was an early investor in Facebook, Aviary,[14] Friendster, Six Apart, Zynga, IronPort, Flickr,Digg, Grockit, Ping.fm, Nanosolar, Care.com, Knewton, Kongregate, Last.fm, Ning, and Technorati[3][15][16]
- Ken Howery, former PayPal CFO who became a partner at The Founders Fund[17]
- Chad Hurley, former PayPal web designer who co-founded YouTube[8]
- Eric M. Jackson, who wrote the book The PayPal Wars and became chief executive officer of WND Books and co-founded CapLinked.[18]
- Jawed Karim, former PayPal engineer who co-founded YouTube
- Rod Martin, former special counsel to CEO Peter Thiel whose 10X Capital took over Galectin Therapeutics in 2009 and who founded Advanced Search Laboratories in 2012.[19]
- Dave McClure, a former PayPal marketing director, a super angel investor for start up companies[20] and founder of 500 Startups which has hit 500+ investments. [21]
- Andrew McCormack, co-founder of Valar Ventures [22][23]
- Luke Nosek, PayPal co-founder and former vice president of marketing and strategy, became a partner at The Founders Fund with Peter Thiel and Ken Howery[24]
- Jason Portnoy, former vice president of financial planning and analysis who later became CFO at Peter Thiel's Clarium Capital, CFO at **Palantir**Technologies, and founding partner at Subtraction Capital.
- Keith Rabois, a former executive at PayPal who later worked at LinkedIn, Slide, Square, and currently Khosla Ventures, and personally invested in Tokbox, Xoom, Slide, LinkedIn, Geni, Room 9 Entertainment, YouTube, and Yelp
- Jack Selby, former vice president of corporate and international development at PayPal who co-founded Clarium Capital with Peter Thiel, later becoming managing director of Grandmaster Capital Management.
- Premal Shah, former product manager at PayPal, became the founding president of Kiva.org.[4]
- Russel Simmons, former PayPal engineer who co-founded Yelp Inc.
- Vince Sollitto, former vice president of corporate communications at PayPal who later became spokesman for Governor Arnold Schwarzenegger and vice president of corporate communications atYelp, Inc.
- Jeremy Stoppelman, former vice president of technology at PayPal who later co-founded Yelp, Inc.[3][3][5][7][25][26]
- David Wallace, a former head of customer service at PayPal who later founded Veritas Christian Academy.
- Yishan Wong, a former engineering manager at PayPal, later worked at Facebook and became the CEO of reddit.[27]
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==
The Stanford Review is a student-run newspaper that serves Stanford University in Stanford, California.[1] It was founded in 1987 by Peter Thiel and Norman Book. It is published and distributed without charge to the Stanford community every two weeks during the academic year.
Contents
- 1 History
- 2 Notable former editors and staffs
- 3 Books written by former editors
- 4 See also
- 5 References
- 6 External links
History
By 1987, Jesse Jackson's Rainbow Coalition inspired a coalition of Stanford students that put forth a set of demands called the Rainbow Agenda.[2] The Stanford Review was founded partly to provide an alternative viewpoint.[3]
Notable former editors and staffs
- Peter Thiel (Founding EIC), co-founder of PayPal, Founders Fund, Palantir Technologies[4]
- Ken Howery (Former Editor), co-founder of PayPal, Founders Fund[5][6]
- Reid Hoffman (Former Editor), co-founder of LinkedIn, Investor at Greylock Partners
- David O. Sacks (Former EIC), co-founder of Yammer, Angel Investor
- Keith Rabois (Former EIC), COO of Square, Investor at Khosla Ventures
- Joe Lonsdale (Former EIC), co-founder of :{Palantir:(style="background-color:#ffff66;"):}: Technologies, Formation 8
- Adam Ross (Former EIC), founder of Goldcrest Investments
- Jay Bhattacharya (Former EIC), Professor at Stanford School of Medicine
- Quinn Slack (Former Editor), co-founder of SourceGraph
- Stephen Cohen (Former EIC), co-founder of :{Palantir:(style="background-color:#ffff66;"):}: Technologies
- Alex Moore (Former Editor), co-founder of Backplane
- Stephen Russell (Former Editor), co-founder of Prism Skylabs
- Eric Jackson (Former Editor), CEO of CapLinked
- Aman Verjee (Former EIC), former CFO of Collective and current CFO of CAN Capital
- Autumn Carter (Former EIC), Executive Director of California Common Sense
- Gideon Yu (Former Business Manager), Co-Owner and former President of the San Francisco 49ers, former CFO of YouTube and Facebook
Books written by former editors
Books written by its former editors include:
- The Diversity Myth by David O. Sacks and Peter Thiel[7]
- The PayPal Wars by Eric M. Jackson[8]
- Thank You, President Bush by Aman Verjee[9]
- Their Lives: The Women Targeted by the Clinton Machine by Candice E. Jackson[10][11]
- How to Beat a Grandmaster: Secrets Every Amateur Should Know About Playing the Pros by Chris Seck[12]
- Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel and Blake Masters [13]
See also
| Conservatism portal |
References
- The Stanford Review - About
- *The Stanford Review*: Rabble-Rousing: Will We Ever Be Free of the Chaos?
- *The Stanford Review* - A Brief and Non-Exhaustive History of *The Stanford Review*
- David Sacks - Entertainment News, 10 to Watch 2005: Producers, Media - Variety
- World Ahead Publishing: About Us
- Information Week - Innovators and influencers 2002
- Stanford Review [v2.0] - Archive - Volume XXX - Issue 2 - Editors
- ericmjackson.com
- Stanford Review [v3.0] - November 3, 2004
- Please wait while you are redirected
- World Ahead Publishing: Authors
- How to Beat a Grandmaster website
External links
==
==
The tech world’s strange love affair with ultraconservative ALEC is unraveling.
Over the past two months, Google, Microsoft, Facebook, Yelp, and Yahoo have distanced themselves from the American Legislative Exchange Council (ALEC), a Koch Brothers-backed think tank that’s pushed just about every controversial right-wing legislative initiative you can think of. Teaching climate change denial in schools? Check. Advocating for Voter ID laws that disenfranchise minorities?Uh huh. A national “Stand Your Ground” law? Why not?
The breaking point for ALEC’s souring relationship with so many high-profile tech firms appears to be the group’s denial of strong, widely-agreed-upon evidence that climate change is real and humans are making it worse. (ALEC recently denied its, uh, denial, but ALEC’s own model legislation directly contradicts its claims of innocence). But despite the risks of aligning your organization with anti-sustainability interests, there’s one high-profile tech firm that still hasn’t denounced the organization: eBay, along with its billionaire founder and chairman Pierre Omidyar.
Today, over eighty non-profits including the Sierra Club and Greenpeace signed a letter urging eBay to end its affiliation with ALEC. eBay, like Google and Microsoft in the past, is a member of ALEC’s Communications and Technology Task Force, an affiliation that costs the company $5,000 a year in membership fees and thus represents a direct form of financial support for the controversial organization.
“The public knows,” the letter states, “that the ALEC operation which brings state legislators and corporate lobbyists behind closed doors to discuss proposed legislation and share lavish dinners threatens our democracy. The public is asking eBay to stop participating in this scheme.”
eBay spokeswoman Abby Smith has finally responded to the letter, saying that ALEC promotes issues that are “material to the success of eBay Inc and our customers” and that “our team of internal stakeholders meets regularly to assess the best approach for resolving these issues.”
But would leaving ALEC really have a negative impact on eBay’s business?
Possibly. Yelp, for example, had a clear and legitimate legal interest in aligning itself with ALEC. The organization crafted model legislation to fight SLAPP lawsuits, which could be used against Yelp’s users who post bad reviews. Indeed, eBay is currently relying on an anti-SLAPP argument in a lawsuit that a patent troll filed against it. But user-generated content, which is usually what anti-SLAPP legislation protects, is not as fundamental to its business as it is to Yelp. And again, even Yelp has cut ties with ALEC.
Another of the Task Force’s stated areas of focus is “promoting new forms of e-commerce,” which is certainly in eBay’s wheelhouse. But Amazon, the largest ecommerce site in the US, felt no need to stay aligned with ALEC past 2012. Then there’s ALEC’s and eBay’s shared support of net neutrality. That’s the same justification Facebook made when it donated $10,000 to an anti-gay politician: We both support a free and open Internet! But net neutrality has attracted support among a very broad set of organizations, and not all of them were just abandoned by half a dozen of eBay’s peers.
What about eBay’s chairman Omidyar? Surely, this “civic-minded billionaire,” who through his Omidyar Network has given hundreds of millions of dollars to philanthropic causes, wouldn’t dream of aligning himself with an organization like ALEC — an organization for whom social and environmental justice plays a distant second fiddle to the Koch Brothers’ funhouse mirror version of free market capitalism. Or would he? As Mark Ames and Yasha Levine have reported, Omidyar’s politics are difficult, though not impossible, to suss out:
Omidyar Network’s philanthropy reveals Omidyar as a free-market zealot with an almost mystical faith in the power of “markets” to transform the world, end poverty, and improve lives—one micro-individual at a time.
And yet, the Omidyar Network is also one of the leading backers of the upcoming film “Merchants of Doubt,” which seeks to expose the “silver-tongued pundits-for-hire” spreading denial campaigns on serious public health threats like tobacco, toxic chemicals, and yes, climate change. Considering that climate change denial has become the predominant force drawing tech companies away from ALEC, eBay’s continued membership constitutes a pretty significant contradiction for Omidyar. And let’s not forget that for many of the third world communities the Omidyar Network wants to help, devastation from climate change isn’t just a well-supported forecast — it’s already a reality.
Maybe eBay is too focused on its forthcoming PayPal spin off to pay attention to the outcry over ALEC. Maybe eBay has already decided to let its ALEC membership lapse and it simply hasn’t approved the move with its shareholders. In any case, companies like Facebook learned the hard way what happens when you align yourself with anti-sustainability interests that run counter to the fundamental principles of your community or industry. And with the tide in the tech community clearly shifting away from ALEC and other climate change deniers, eBay needs to take control of this narrative before it spins out of control, and people start accusing the company of clubbing baby seals and creating the hole in the ozone layer.
http://pando.com/2014/10/07/what-possible-reason-could-ebay-have-for-standing-by-ultraconservative-climate-change-deniers-at-alec/
==
RYAN TATE:{12/08/10 :(style="box-sizing:border-box"):}:
PayPal Busted for Bogus Wikileaks Excuse
Facing a booing crowd in Europe, a PayPal executive tried to explain why his company blocked donations to Wikileaks. He cited a letter from the State Department calling the secrets-sharing site illegal. Sadly for him, no such letter exists.
Speaking at the LeWeb conference in Paris, PayPal VP Osama Bedier faced "boos from the mostly European audience" when he was asked why PayPal froze Wikileaks' account. He responded:
"On Nov. 27, the State Department - the U.S. government, basically - wrote a letter saying the Wikileaks activities were deemed illegal in the United States."
As the New York Times has now pointed out, that's simply not true. The State Department "did not argue that publication of the documents by WikiLeaks, or any media organization, would be illegal." Instead, the State Department letter said the documents were leaked illegally, writing the documents were "were provided in violation of U.S. law... As long as Wikileaks holds such material, the violation of the law is ongoing."
This letter, further, was not sent to PayPal at all, but to Wikileaks.
So PayPal cut off WikiLeaks' access to its own money due to a State Department lawyer's letter it was not a party to, and due specifically to an accusation of illegality within that letter that wasn't even directed at Wikileaks. Having formulated this bizarre position, it specifically asked, according to the conference moderator in the video below, that it be asked about this very topic on stage at a tech conference. Amazing!
Given the level of integrity and due diligence the financial services industry has shown over the past two years, it's fair to assume all those other Wikileaks accounts have been frozen due to legal and ethical consideration that's about as solid as PayPal's. http://gawker.com/5709579/paypal-busted-for-bogus-wikileaks-excuse
fu
PayPal ditched Wikileaks last December because, the company falsely claimed, its "activities were deemed illegal in the United States." The whole thing caused something of a stir. But look! As the Atlantic Wire reports, you can now use PayPal to donate money to Julian Assange's legal defense fund, which is prominently advertised on Wikileaks' web site, and which Assange can use to fund "non-profit bodies which have freedom of speech or freedom of information as a principal aim." Hmmm—I know of one of those that could use some money.
Created: 24th October, 1pm GMT
WikiLeaks has published the biggest leaks in journalistic history. This has triggered aggressive retaliation from powerful groups. Since 7th December 2010 an arbitrary and unlawful financial blockade has been imposed by Bank of America, VISA, MasterCard, PayPal and Western Union. The attack has destroyed 95% of our revenue. The blockade came into force within ten days of the launch of Cablegate as part of a concerted US-based, political attack that included vitriol by senior right wing politicians, including assassination calls against WikiLeaks staff. The blockade is outside of any accountable, public process. It is without democratic oversight or transparency. The US government itself found that there were no lawful grounds to add WikiLeaks to a US financial blockade. But the blockade of WikiLeaks by politicized US finance companies continues regardless.
The name
The group's name for itself, "PayPal Mafia",[4][7] was already a minor cultural meme, but gained wide exposure due to a 2007 article in Fortune Magazine that used the term in its headline and featured most of the members posed at San Francisco's Tosca Cafe in gangster outfits. Others who were not present at the shoot were later photographed separately in gangster attire.[4][8][9][10]
Membership
The PayPal Mafia is not a formal organization, so there is no formal criterion for membership. Many of the group's members do acknowledge that it exists and use the name when referring to themselves. Some have formed various social networking service and other online community groups together.
Members include:
- Founder and**chief executive officer**Peter Thiel, often called the "don" of the PayPal Mafia, earned approximately $68 million in the eBay buyout.[5] He made a $500,000 early investment in Facebook that was worth approximately $1 billion at the valuation established by Microsoft's investment in 2007.[4] He started The Founders Fund with fellow members Ken Howery and Luke Nosek in 2005. The Founders Fund and its principals collectively made early investments in SpaceX, Facebook, Geni.com, IronPort, Ooma, Quantcast, Rapleaf, slide.com, LinkedIn, Friendster, Yammer, Yelp, Inc., Powerset, Vator, Palantir Technologies, Joyent, and SmartDrive Systems, among others. He also founded Clarium Capital, a $2 billion hedge fund.[3] He was executive producer of Thank You for Smoking and co-wrote The Diversity Myth: 'Multiculturalism' and the Politics of Intolerance at Stanford.
- Founder and Chief Technology Officer Max Levchin also invested in IronPort, a company founded by early PayPal investor Scott Banister, and made the founding $1 million investment in Yelp, Inc.[4]
- Former Chief Operating Officer David O. Sacks later founded Geni.com and Yammer, and formed a movie production studio, Room 9 Entertainment, that produced Thank You for Smoking with funding from Thiel, Levchin, and Musk.[3]
- Chief Financial Officer Roelof Botha later joined as a partner of Sequoia Capital, a venture capital firm that has funded many PayPal Mafia companies. Botha personally invested in YouTube, Facebook, Joost, Tokbox, and Xoom.
- Engineers Steve Chen and Jawed Karim, and web designer Chad Hurley founded YouTube, after investigating why it was so difficult at the time to share videos online.[9]
- Elon Musk, who was forced out after losing a fight to run the PayPal service on Microsoft servers, co-founded Tesla Motors, and also founded private space exploration company SpaceX[9] with $100 million of his own money.[3] He made a $10 million founding investment in SolarCity, where he served as chairman.[11] Proposer of the Hyperloop.
- Eric M. Jackson, later wrote The PayPal Wars and became Chief Executive Officer of WND Books, the publishing arm of World Net Daily. He then went on to co-found CapLinked, focused on linking companies and investors.[12]
- Russel Simmons, one of the first engineers, and Jeremy Stoppelman, Vice President of Technology, founded Yelp, Inc. in 2004,[3][5][8] after a luncheon at the Slanted Door restaurant hosted by Levchin. The conversation turned to why it was so hard to find a good dentist. Levchin discussed the idea with Simmons and Stoppelman on the walk back to Levchin's business incubator office and agreed the next day to fund their company proposal for local business reviews.[3] Yelp has a number of other PayPal Mafia members among its employees, advisers, and investors.[13][14]
- Product manager Premal Shah became founding president of Kiva.org.[4]
- Daniel Issen became Vice President of Engineering at AdBrite
- Keith Rabois was an early executive who later held positions at LinkedIn and Slide, and invested in Tokbox, Xoom, Slide, LinkedIn, Geni, Room 9 Entertainment, YouTube, and Yelp. He is currently a partner at Khosla Ventures. He was the COO of Jack Dorsey's payment company Square.
- Jared Kopf was an assistant to the PayPal CEO, helped found Slide, and later served as a Director of Clarium Capital before founding several other companies, including a behavioral targeting company, Adroll.
- Former Executive Vice President Reid Hoffman founded LinkedIn in 2002, and was an early investor in Aviary,[15] Friendster, Six Apart, Zynga, IronPort, Flickr, Digg, Grockit, Ping.fm, Nanosolar, Care.com, Knewton, Kongregate, Last.fm, Ning, Technorati, Tagged[16] and a number of other Web 2.0 firms. When YouTube was first formed, Hoffman housed them in his LinkedIn office which had also been PayPal's office.[3] In 2009 he became a partner at venture capital firm Greylock Partners.[17]
- Former Marketing Director Dave McClure has become a prominent super angel and created a startup accelerator called 500 Startups.[18]
- Yishan Wong was recruited to PayPal by Jawed Karim.[19] Yishan became an engineering manager at PayPal, and later became one of the first engineering managers at Facebook. Yishan is currently the CEO of reddit.
- Co-founder and former Vice President of Marketing and Strategy Luke Nosek is a partner at The Founders Fund with fellow members Peter Thiel and Ken Howery.[20]
- Ken Howery was PayPal's first CFO and is a partner at The Founders Fund.[21]
- ^^
^ ^
^ ^
^ ^
^=^
WND books: Founded in 2002 by WND’s Joseph and Elizabeth Farah, WND Books made an immediate impact with its first No. 1New York Times bestseller, Michael Savage’sThe Savage Nation. Several more bestsellers from the upstart rocked the publishing world. Within two years of its launch, every major U.S. publisher had created imprints to compete head-to-head with WND Books in its niche for edgy, controversial current events titles. After partnerships with Thomas Nelson and Cumberland Press, WND Books established a strategic alliance with Los Angeles-based World Ahead Publishing. In early 2008 WND acquired World Ahead, bringing WND Books in-house, as a wholly-owned subsidiary.
WND Books specializes in adult nonfiction titles with an emphasis on current events, politics, and history. Like WND, WND Books is “fiercely independent,” telling the stories that other publishers won’t.
With multiple New York Times bestsellers to its credit, includingThe Late Great U.S.A: The Coming Merger with Mexico and Canada by Dr. Jerome Corsi andManchurian President: Barack Obama’s Ties to Communists, Socialists, and Other Anti-American Extremists, WND Books prides itself on providing to the reading public important, timely, and entertaining books that impact the public debate.
world ahead:
Teaching kids right from left
June 1, 2007 | Stephanie Simon, Times Staff Writer
PUBLISHING executive Eric Jackson's first foray into children's books was a cartoon tale of two brothers and a lemonade stand. Hoping to earn money for a swing set, young Tommy and Lou squeeze lemons until their little hands ache. But they are thwarted by broccoli-pushing, camera-hogging, Jesus-hating liberals who pile on taxes and regulations and drive the boys out of business. The book, "Help! Mom! There Are Liberals Under My Bed!," came out two years ago.
==
wiki bs: Eric M. Jackson is the co-founder of CapLinked, focused on linking companies and investors.[1] He was founder and former CEO of WND Books (formerly World Ahead Publishing) and a former vice president of marketing at PayPal. He is one of the PayPal Mafia, a growing number of PayPal alumni who have started new ventures after eBay bought the online payments firm.[2]
In 1998, Jackson received a B.A. in Economics with honors from Stanford University.[3] He served on the board of directors of The Stanford Review.[4] Jackson maintains the book publishing industry blog called Conservative Publisher.[5]
As a publisher, Jackson has been known to embrace controversial books and tactics. A bestselling children's book published by World Ahead, Help! Mom! There are Liberals Under my Bed penned by Katharine Debrecht, portrayed Hillary Rodham Clinton as a cartoon villain, prompting a verbal clash with Clinton's spokesman. He once accused Google of political bias for censoring online ads for a book critical of Bill Clinton, a charge Google denied,[6] and he later paid to send Kathleen Willey and Juanita Broaddrick to the Bill Clinton Presidential Library along with the book's author.[7] In October 2006, Jackson and Joseph Farah, the founder of WorldNetDaily, announced that World Ahead Publishing would be partnering on the influential WND Books imprint.[8]
Jackson's own book The PayPal Wars (ISBN 0-9746701-0-3) chronicles PayPal's origins and discusses the legal, regulatory, and competitive threatsentrepreneurs must overcome in today's business environment.[9] It won the 2005 Writers Notes Book Award for best business book.[10] It has been profiled by Reason Magazine,[11] the Washington Times,[12] the Mises Institute,[13] Tech Central Station,[14] and Tom Peters.[15]
Jackson frequently appears as a conservative commentator on radio and television programs. In his public comments he is frequently critical of eBay, the company that purchased PayPal. He has been quoted in Forbes,[16] BusinessWeek,[17] TheStreet.com,[18] US News & World Report,[19] and Publishers Weekly, [20] among other publications.
References:{:(style="-webkit-transition:color 100ms ease-out, margin 100ms ease-out;transition:color 100ms ease-out, margin 100ms ease-out"):}:[edit:{]}:
- ^ Eric Jackson
- ^ "The PayPal Exodus". Forbes. July 12, 2006.
- ^ Jackson, Eric M. (June 6, 2003). "Stanford: Where Does the Money Go?". Stanford Review.
- ^ [1][dead link]
- ^ ConservativePublisher.com
- ^ Google Defends Not Running Anti-Clinton Banners - Direct Marketing News
- ^ "Clinton's Accusers Tour His Library". Fox News. October 26, 2005.
- ^ New publishing partner for WND Books
- ^ Paypalwars.com
- ^ "2005 Writers Notes Book Awards Announced". PRWeb. 30 March 2005. Retrieved 2 April 2012.
- ^ Who Killed PayPal? - Reason Magazine
- ^ 20th-century evils, Silicon Valley wars - Washington Times
- ^ "The Genius and Struggle of PayPal". Mises Daily. 4 January 2005. Retrieved 2 April 2012.
- ^ TCS Daily : Technology - Commerce - Society
- ^ PayPal | tompeters!
- ^ "PayPal's Growing Pains". Forbes. April 14, 2005.
- ^ PayPal Spreads Its Wings
- ^ eBay Grooms Another Phenom | The Signal and The Noise News | Print Financial & Investing Articles | TheStreet
- ^ Washington Whispers - US News and World Report
- ^ "'Liberals' Selling Right and Left". Publishers Weekly. 21 October 2005. Retrieved 2 April 2012.[dead link]