Ryan NisbetOperations, Delphi · Operations at Delphi

The #story of the PAYPAL MAFIA #paypal

3 Jan 2024 · 1 min

Watch on YouTube

1:00

The video narrates Keith Rabois' professional trajectory, beginning with his friendship with Peter Thiel and recruitment to PayPal, where he stayed until the eBay acquisition. After leaving PayPal, Rabois entered venture capital at Khosla Ventures in 2013, backing notable startups such as DoorDash, Affirm, and Webflow. In 2014, he co‑founded Opendoor, a home‑buying marketplace that grew to a $4.8 billion valuation by 2020, cementing his status as a member of the so‑called PayPal Mafia. The narration concludes with a recent development: Rabois used the Delphi AI platform to create a digital clone of himself by uploading existing media, and viewers are invited to join Delphi’s waitlist.

Chapters

Keith Rabois befriended Peter Thiel, founder of PayPal. Soon after, Thiel recruited Rabois to join PayPal. Just 2 years later, PayPal got acquired by eBay for $1.5 billion, and Rabois left shortly after the deal. His big break came in 2013 when he joined venture capital firm Khosla Ventures. Here, Rabois would quickly make a name for himself, bankrolling some impressive names like DoorDash, Affirm, and Webflow. But his most lucrative venture would only come in 2014. After teaming up with a coworker from Square, he co-founded Opendoor, a home-buying marketplace. By 2020, Opendoor grew into a $4.8 billion juggernaut, making Rabois the newest member of the PayPal Mafia. Did you know Keith Rabois recently made a clone of himself? Using a new platform called Delphi and their advanced AI, he managed to replicate himself by simply uploading a few videos, podcasts, and blog posts. Now he has a whole new way to interact with his audience. Visit delphi.ai now and secure your spot on the waitlist.