In a Q&A, author Alexandra Wolfe follows the lucky 20 who dropped out of college and were given $100,000 to become tech entrepreneurs. Back in 2011, the legendary PayPal founder and Silicon Valley investor launched an initiative he’d been thinking about for years-encouraging brilliant young students with a genius idea to skip college and start a company and maybe become the next Mark Zuckerberg or Elon Musk.
Category: PayPal
PayPal Is Powering Growth by Focusing on the Small Things
In the last two quarterly earnings reports, after highlighting results for revenue and earnings per share, PayPal began discussing two financial metrics that drive everything management does to grow the value of the business for shareholders: PayPal’s strategy is clear and management is completely focused on driving growth in these two metrics. When we multiply the growth in customer accounts with the growth in transactions per account, we get a result that is almost equal to the growth in total transactions processed.