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PayPal  (Stock symbol: PYPL ) Acquired by eBay (2002 $ 1,500,000,000 )

1840 Embarcadero Road
Palo Alto, CA 94303
Website Company Summary Management Team

Outside board: (May no longer be on the board) Pierre Omidyar (eBay Chairman) Scott D Cook (Intuit Former Founder) Wences Casares (Xapo CEO) Gail McGovern (American Red Cross President/CEO) Jonathan Christodoro (Icahn Capital Managing Director) David Dorman (CVS Caremark Chairman) Frank Yeary (CamberView Partners Executive Chairman) David Moffett (Federal Home Loan Mortgage Corp. CEO) Ann Sarnoff (BBC Worldwide) Rodney Adkins (3RAM Group President) Deborah M Messemer (KPMG Former Managing Partner Bay Area & Northwest region)
Former outside board: Bill Elkus (Clearstone Venture Partners Managing Member);  Michael Barrett (PayPal Former CIO) Jim Armstrong (Ideal Capital);  Peter Buhl (BlueRun Ventures) John C Dean (SVB Capital CEO);  Eric C W Dunn (Cardinal Venture Capital) Timothy Hurd (Madison Dearborn);  Randy Korba (Amazon) John Malloy (Nokia Venture Parners) Shailesh Mehta (Providian Financial);  Michael Moritz (Sequoia Capital)

Business description: PayPal enables any individual or business with an email address to securely, easily and quickly send and receive payments online. PayPal's service builds on the existing financial infrastructure of bank accounts and credit cards and utilizes the world's most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution. PayPal has quickly become a global leader in online payment solutions with 35 million account members worldwide. Available in 38 countries around the world, buyers and sellers on eBay, online retailers, online businesses, as well as traditional offline businesses are transacting with PayPal. PayPal has received close to 20 awards for technical excellence from the Internet industry and the business community at large -most recently the 2003 Webby Award for Best Finance Site and the 2003 Webby People's Voice Award for Best Finance Site.
Partners include: American ExpressEviteIntuitMasterCardViafoneYahoo! ;  FBI;  ING;  Providian;  Quick Books

Rounds: 4
Recent Fundings:    Mar 2001
Capital raised: 225.0M
Ownership: Acquired by eBay (2002 $ 1,500,000,000 ) Ipo Filing
Stock Symbol: PYPL
Angels/other VCs: Eddy Chan (Intudo Ventures);  Gil Penchina (Wikia)
Corporate investors: Qualcomm

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Last Mentions

Record updated: Jun 2017
Sector: Internet
Year Founded: 1998
Headcount: 10001-25000 as of Aug 2018
Rounds: 4
Recent Fundings:    Mar 2001
Capital Raised: 225.0M
Ownership: Acquired by eBay (2002 $ 1,500,000,000 ) Ipo Filing
Stock Symbol: PYPL