Notable libro que narra desde dentro y desde la propia vivencia del autor lo que fue el surgimiento de Paypal. Desde los primeros pasos, pasando por los múltiples desafíos que tuvo que enfrentar, hasta su adquisición por parte de ebay. En el relato se muestra como el equipo va evolucionando la idea original para lograr encontrar su espacio de negocio y sobrevivir e imponerse a actores consolidados y otras compañías que buscaban incursionar en ese espacio. Interesante es ver como la cultura organizacional del equipo original fue clave en lograr adaptarse y consolidarse en el mundo de los pagos electrónicos. Y como también esta cultura choca con la forma más corporativa de ebay, que después de intentar competir infructuosamente con PayPal, concreta su adquisición. Vale la pena leerlo, ya que aparte de lo interesante de la historia exitosa de innovación que muestra, tiene un relato entretenido, no habitual en este tipo de libros.
Eric Jackson's recounting of Paypal's early days may stand the test of time as one of the best accounts of high-growth startup life right around the time of the dotcom bust. As someone who got into that world right around the time, I found a lot of this book to ring true.
If you work in startups - or if you're simply curious about what it was really like to build a Silicon Valley company during those days - definitely pick this one up.
An entertaining description of the roller coast of practical decisions that an iconic company with lots of huge personalities experienced 20 years ago. One thing that comes our clearly is that Elon Musk has really been a generational talent when it comes to getting fabulously rich by losing prodigious amounts of other people’s money....
Cool story for those interested in payments and the start-up world, though the writing style got repetitive after a few chapters.
The epilogue makes an interesting argument - very true to a libertarian / fiscal conservative viewpoint and supported by the story of PayPal's experience immediately post-IPO - that Joseph Schumpeter's idea of creative destruction has now largely moved from being driven by competitive "market forces" to non-market forces such as capricious regulatory bodies, clueless headline-grabbing news writers, and litigious patent trolls.
worth a read. I got the impression that the author himself wasn't fully aware of the import of what he was doing ... pitches of mafia and other adventures never really materialize
This was a good read, but I think the author may have been hindered somewhat because he was a junior employee and because of this, some senior executive level insight was lacking that might have added some good context.