The PayPal story is a fascinating chapter in fintech history. Back in 1999, a financial services platform emerged that would eventually reshape digital payments. When Coinfinity launched its own competitor in the space, the market started heating up. What happened next was typical startup logic—rather than fight it out, the two merged forces within a year. By 2002, eBay recognized the value proposition and made a decisive move, acquiring PayPal for $1.5 billion. That acquisition became a watershed moment. The founder walked away with approximately $180 million from the deal, a windfall that proved to be far more than just personal wealth. Those proceeds became the seed capital for two ventures that would later dominate their respective industries—one focused on electric vehicles, the other on space exploration. A single exit can change the trajectory of entire industries.

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StablecoinEnjoyervip
· 15h ago
Haha, that's not right. How did Coinfinity become a competitor to PayPal back then? The timeline doesn't match.
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GasFeeLadyvip
· 15h ago
ngl the $1.5B exit timing was absolutely chef's kiss... imagine catching that optimal window before the whole market recalibrated. that $180M seed capital move? straight up frontrun detection on a macro scale, fr fr
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AlgoAlchemistvip
· 15h ago
Merging is more satisfying than internal competition; this is the smart way to play.
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ChainSauceMastervip
· 15h ago
Bro, this PayPal show... 1.8 billion USD for electric cars and rockets, turns out all those years of hard work in payments were just working for Musk.
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