The Complete Story of PayPal – These Resources Tell All

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A Collection of Resources To Tell The Story of PayPal

 

This post contains an abundant collection of hand-picked resources that reveal the whole story of Paypal! Before you get to the resources here’s an introduction.

Introduction:

In 1999 PayPal was voted one of the worst business ideas. Looking at it today, processing over three hundred million dollars and around five million transactions each day, plus 72% of US online shoppers having a PayPal account, nobody today can say this was a bad idea!

It was December of 1998 in Palo Alto California, that PayPal originally called “X,” was founded by six talent individuals; Max Levchin, Peter Thiel, Luke Nosek, Ken Howery, Yu Pan, and Russel Simmons. One of the founders Peter Thiel was involved in the company with the intention to wipe out currency inflation worldwide.

Today, in North America, the company employs around 13,000 people. The company had a net income of over two billion US dollars in 2018.

From 100,000 to 286 million users, here’s how that started.

A brilliant marketing campaign gave the company a huge boost. It cost the company between 60-70 million dollars, which got them, 100,000 customers the month they launched the site. The campaign consisted of giving every new signup a small cash reward and if you referred a freind you would also get a referral fee.

Naturally, this campaign was successful because it was planning and execution not to mention the 60-70 million to spend on it.

Keep in mind even though you have customers you need to have a working model to be successful. What’s the use of having 100,000 customers if you have nothing to offer them. I’m sure the company had to go through the growing pains, to sell the idea and get people to use the system on both ends, customers, and merchants.

I love using PayPal, it’s convenient, I don’t have to give out my credit card when making a purchase, and I can get a report for all my transactions any time.

Another very impressive feature I like is that you can sign up for subscriptions for anything from information, to products, and services that you can cancel with a click of a button, no questions, no hassles.

See the resources that follow to find out the complete story of PayPal and how it went from a startup to being purchased by eBay and then spun off again in 2015 to its own company. You may find the fact section interesting with a collection of resources that offer facts about the company that is interesting to know about this company.

Sections Included in this Post:

      • The History of PayPal
      • PayPal Founders
      • PayPal Executives
      • The PayPal Mission Statement
      • PayPal Divisions And Subsidiaries
      • PayPal Ownership And Investors
      • Facts About PayPal
      • PayPal Reports And Financial Statements
      • Business Strategies Used By PayPal
      • Revenue Strategies
      • The Main Competitors of PayPal
      • Target Market & Marketing Strategies
      • Products & Services Offered By PayPal
      • PayPal Employee Relations
      • PayPal Company Culture
      • The Reputation of PayPal
      • PayPal Company Complaints
      • Inside The Success of PayPal
      • PayPal Articles And Stories of Interest
      • Books Related to PayPal
      • The Latest About PayPal
      • Tweets Related To PayPal
      • Videos Related To PayPal

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The History of PayPal

A company’s history offers valuable lessons and it’s interesting to find out about a company’s original operations, how it has changed, and the challenges during the startup phase.

Have a look at the selection below to understand more about the history of PayPal.

The Ultimate History of PayPal 2019 (MUST READ)

The History Of PayPal: Important Company Dates | PYMNTS.com

History of PayPal: Timeline and Facts – TheStreet

PayPal Founders

This section focuses on the people that started the company. You can gain insights into their goals, ideas, foresight, and how they started the company.

Many founders have interesting stories and experiences related to starting their business and the challenges they faced, as well as what they did to overcome those challenges.

Have a look at the following resources included in this post related to the founders.

Peter Thiel – Wikipedia

Max Levchin – Wikipedia

Luke Nosek – Wikipedia

Ken Howery – Wikipedia

Yu Pan – Wikipedia

Russel Simmons – Wikipedia

PayPal Executives

In the executive section, you’ll find information related to the management of a company. Management decisions are an important role in a company’s success. It’s not luck that makes a company successful, but planning, strategy, and leadership.

Have a look at the selection below for information related to the executives of PayPal.

Max Levchin, Peter Thiel, Luke Nosek, Ken Howery, Yu Pan, and Russel Simmons.

PayPal – Current Team | Crunchbase

Board of Directors | PayPal, Inc.

PayPal CEO and Key Executive Team | Craft.co

The PayPal Mission Statement

A mission statement helps a company stay on track and focus on its goals, culture, and ensures everyone is on the same page.

A mission statement is for company employees as well as the public. It’s usually a broad description of the company’s focus and activities.

A company’s mission statement is the company’s public face, and it is commonly used in marketing materials.

Below are the resources I have included related to the mission statement of PayPal.

PayPal Mission, Vision & Values | Comparably

PayPal Mission Statement 2019 | PayPal Mission & Vision Analysis

PayPal Divisions And Subsidiaries

The division of a company is a part of a business entity. In other words, even if a division operates under a different name it’s still part of the entity.

A subsidiary is an entirely different company, usually owned by a larger company.

Have a look at the resources for PayPal subsidiaries and Divisions.

Top Companies Owned By PayPal Till 2018 – ValueWalk

PayPal’s Top Companies and Brands

PayPal Ownership And Investors

In this section, you’ll find resources related to ownership, investors, and shares, of PayPal. Below you’ll find the resources I have included for this post.

PYPL – PayPal Holdings Inc Shareholders – CNNMoney.com

The Complete PayPal Stock History | The Motley Fool

Facts About PayPal

In this section, you’ll find facts about the company. I like going through the facts because in a page or two you can learn a lot about the company and if you find something that’s really interesting you can dig deeper.

Have a look at the resources below included in this post related to PayPal facts.

6 Facts you should know about PayPal | E-Web Marketing

7 Fun Facts About PayPal (PYPL) As Stock Nears All-Time High

10 Facts About Paypal You Probably Didn’t Know About – Goody Feed

100 Amazing PayPal Statistics and Facts (2019) | By the Numbers

7 Fun Facts About PayPal (PYPL) As Stock Nears All-Time High | Nasdaq

PayPal Reports And Financial Statements

In this section, you can find out information such as the company’s profits, losses, net worth, liabilities, shares, owner’s equity, etc. available to the general public.

Have a look at the resources included below.

PYPL.O – Paypal Holdings Inc Profile | Reuters

Annual Reports & SEC | PayPal, Inc.

Business Strategies Used By PayPal

In this section, can get a glimpse of the strategist used by the company. The strategy a company uses can be the difference between success, failure, a mediocre business, or a huge success story.

Below you’ll see the resources included related to business strategies used by PayPal

PayPal Is Shifting Its Revenue Strategy | The Motley Fool

PayPal Wants to Copy Square’s Strategy | The Motley Fool

Revenue Strategies

This section focuses on the main revenue sources the company targets. For some companies it’s one main source for others it’s multiple sources of revenue.

Have a look at the resources to follow to give you an overview of the revenue strategies used by PayPal.

How Does PayPal Make Money? PayPal Business Model In A Nutshell

How Does PayPal Make Money? Paypal Revenue Model | Feedough

How Does PayPal Make Money?

The Main Competitors of PayPal

This section focuses on direct and indirect competition for PayPal. Competition is good, it drives innovation. If it wasn’t for competition businesses wouldn’t have to try so hard for your business. Competition makes managers and company owners come up with better ideas for products and services while providing the best prices they can.

Below you can browse through the resources related to the main competition for PayPal.

Top 18 PayPal Competitors – PayPal Alternatives explained

The 4 Best Alternatives to PayPal (PYPL, GOOG)

A Look at Two PayPal Competitors | The Motley Fool

Target Market & Marketing Strategies

This section focuses on the target market and the marketing strategies used. Just as above targeting is an important process and without it your focus will be too broad and you won’t be able to zero in on the right marketing techniques.

The marketing strategy used by a company can make or break it. The right strategy can make millions while a poor marketing strategy can end up in bankruptcy.

Marketing Strategy of Paypal – Paypal Marketing Strategy

How PayPal is targeting the ‘underserved’ market – Tearsheet

PayPal’s vision for a global marketplace | McKinsey

Products & Services Offered By PayPal

This section offer resources related to core products and services offered by PayPal. Many large corporations have a large variety of products and services. Some companies are so large and complex that they deal in a variety of industries that operate on a global level, which is known as conglomerates.

Have a look at the resources below for products and services offered by PayPal.

PayPal Help Center Topics

PayPal Employee Relations

In this section, you can find resources related to the employees of PayPal such as job satisfaction, labor relations, the number of employees, etc.

Working at PayPal: 927 Reviews | Indeed.com

PayPal Reviews | Glassdoor.ca

Working for PayPal Holdings | Employee Reviews

PayPal Company Culture

Here’s where you can gain an idea about the culture of the company. A Company’s culture includes the work environment, company values, expectations, ethics, and more.

See the resources included in this post for the culture of PayPal

Working at PayPal: 269 Reviews about Culture | Indeed.com

PayPal Mission, Benefits, and Work Culture | Indeed.com

PayPal Company Culture | Comparably

The Reputation of PayPal

In the resources below, you’ll find information related to the reputation of PayPal. You’ll get insights as to how PayPal is viewed by the general public.

A companies reputation is important a bad reputation can result in huge losses and the loss of public trust. A company’s reputation is an asset to any company and it’s important to maintain it.

Top 2,107 Reviews about PayPal

PayPal Business User Reviews, Pricing & Popular Alternatives

PayPal Review 2019: Fees, Comparisons, Complaints, & Lawsuits

PayPal Company Complaints

In this section, you can go through the resources to view the complaints, whether the complaints lead to a lawsuit or a viral rant, have a look at the complaints people have against PayPal.

PayPal – Horror Stories, Lawsuits, PayPal Problems

Class action settlement over PayPal account closures finally finds resolution

PayPal Account Hold Class Action Settlement Checks Mailed | Top Class Actions

PayPal pays $5.2 million to settle lawsuits | Network World

PayPal Accused Of Favoring Buyers In Class-Action Lawsuit – CBS Los Angeles

PayPal Class Action Lawsuit | PayPal Electronic Fund Transfer Lawsuit

Inside The Success of PayPal

Success can be the result of a small idea that was executed extremely well at other times it may be the result of a long term vision.

It’s interesting to study the success of companies and how people have dealt with managing a company that started off small and grew into a huge success story.

Have a look at the resources I have included in this post related to the success of PayPal.

The Success Story of PayPal [Infographic from Play-N-Pay] | Chargeback

PayPal’s Success Story | TheWebGuild.org

How the ‘PayPal Mafia’ redefined success in Silicon Valley – TechRepublic

PayPal CEO talks Venmo success – Business Insider

Max Levchin interview on “Success! How I Did It” – Business Insider

The PayPal Wars and its Lessons for Today’s Entrepreneurs | Sachin Rekhi

PayPal Articles And Stories of Interest

In this section, you’ll find a mix of articles worth mentioning in this post related to PayPal.

Have a look at what’s included for this post related to PayPal.

How PayPal Works | HowStuffWorks

How Does PayPal Work? – dummies

Using PayPal with Google Pay – Google Pay

PayPal account suspended because of $20 payment for office lottery pool: Money Matters – cleveland.com

The Strength Of PayPal’s Network Effect – PayPal Holdings, Inc. (NASDAQ:PYPL) | Seeking Alpha

PayPal is the first company to drop out of the Facebook-led Libra Association – TechCrunch

Books Related to PayPal

Some companies are a huge success story or a miserable failure, with many lessons to learn. Have a look at books people have written for a complete overview.

Have a look at the links below to view the books available related to PayPal

Books From Amazon Related To PayPal

Google Book Search Related To PayPal

The Latest About PayPal

In this section, you’ll be able to stay up to date on the latest information related to PayPal including the latest news, Google searches, videos, what people are tweeting, and more.

I recommend spending some time on the news, tweets, that can offer up-to-the-minute information about PayPal.

Google Searches

Latest Search Results Related To PayPal

Latest Scholar Search Results Related To PayPal

Latest Image Search Results Related to PayPal

News

Latest News Related To PayPal

Twitter

Tweets Related To PayPal

YouTube

Videos Related To PayPal