The PayPal Mafia on Hiring

6 stories (and even more insights) from @rabois, @davidsacks, @davemcclure, and @yishan

Including:
The Interview Process
Getting Recruited
Joining
+ More
1/ @yishan on his interview process

(His interview with @mlevchin is particularly funny and insightful)
2/ @davemcclure on his interview process
3/ @rabois on the interview process at PayPal

Interviews? Forget interviews. Just hire your smartest friends.
4/ @yishan on getting recruited to PayPal

Jawed Karim (cofounder of YouTube) referred him because "he figured I was smart, owing to my performance on the math team *back in middle school*"
5/ @davidsacks on quitting McKinsey to join PayPal

"nobody wanted to hire me but @peterthiel overruled them" 🤣
6/ @rabois on if friend referrals are the best way of hiring great engineers

Yes.

Seriously. Hire your (most capable) friends.

*Note: This is likely a large part of why the PayPal Mafia has remained so close and interconnected

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More from @kgao1412

11 May
The PayPal Mafia on Management

5 stories (and even more insights) from @rabois, @davidsacks, and @yishan

Including:
Execution
Anti-meeting culture
Producers vs Product Managers
+ More
Read 6 tweets
10 May
The PayPal Mafia on Culture

11 stories (and uncountable insights) from @rabois, @DavidSacks, @peterthiel, @mlevchin, @reidhoffman, and @yishan

Including:
PayPal's Key Values
The Spirit of Entrepreneurship
Building Great Teams
Pranks
+ More
1/ @reidhoffman on the key values that led to early PayPal's culture of entrepreneurship

1) hiring
2) taking no answer at face value
3) intence need to survive
4) entrepreneurial culture
5) luck Image
2/ @rabois on the key values that led to early PayPal's culture of entrepreneurship

1) Confrontational culture
2) Anti-meeting culture
3) Internal promotions
4) Anti-team bias Image
Read 12 tweets
4 Apr
The Most Important Thing

@wolfejosh Edition

23 timeless insights over 17 years of writing on investing and on life*

*in chronological order
"The single most important thing in business and personal relationships today and always is TRUST"

-@wolfejosh (2004)

1/23
"'Stay close to the money.' If you're not close to the stream of cash flow, if you're not directly responsible for winning the bread, and bringing in cash, you're expendable... Cash flow is a lifeblood."

-@wolfejosh (2004)

2/23
Read 25 tweets
14 Dec 20
Taking down my compilations page (for a bit), so sharing them all here

Writings from/on: COVID, Grad Speeches, Crypto, Investors (VC, PE, Value, Activist, Macro, Growth), Operators (Enterprise, Consumer/Retail, China), CEOs (Biotech, Creative, Technical), + more!

Links below 👇
Intro
Balaji Srinivasan (@balajis)

Tweetstorms on COVID

drive.google.com/open?id=1YlCUV…
Read 71 tweets
24 Aug 20
1/ New Project: Bookshelves!!

Explore the digitally cataloged (partial) bookshelves of greats like @pmarca @bgurley @futurejurvetson @wolfejosh @worrydream @warrenbuffett, Lu Li, @mjmauboussin, Munger, @profplum99

*Links coming
**May summarize

12mv2.com/bookshelves/
2/ 150+ books from @pmarca

Lots of Sci-fi

Lots of Hollywood

docs.google.com/spreadsheets/d…
3/ ~75 books from @bgurley

Lots of Value Investing

Lots of @sfiscience

Complexity #1

docs.google.com/spreadsheets/d…
Read 11 tweets
19 Aug 20
1/ Letters #29/30: @palantirtech

Essays from @joe_philleo and @jtlonsdale on the founding and motivations of Palantir + @peterthiel

aletteraday.substack.com/p/letters-2930…
2/ Highlights from @joe_philleo’s answer to “Why did Peter Thiel and Joe Lonsdale found Palantir?”
3/ The Straussian Moment, calls for a reevaluation of the post-Enlightenment worldview on the grounds that mainstream Western philosophy fails to understand and provide a response to the increasingly powerful and dangerous individuals driven by non-economic concerns
Read 25 tweets

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