A Quote by David O. Sacks

If you allowed PayPal to pursue its destiny, there are moves it could make to become the largest financial company in the world. — © David O. Sacks
If you allowed PayPal to pursue its destiny, there are moves it could make to become the largest financial company in the world.
We had a mission at PayPal - which was to create a new financial system, a new world currency, and we failed. We were a financial success, but we didn't succeed at the purpose of our company.
Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets.
I run the largest survey company in the world. It just so happens to be the second-largest company run by someone in my house.
Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.
The tar sands boom has become the world's largest energy project, the world's largest construction project, and the world's largest capital project.
We bereaved are not alone. We belong to the largest company in all the world--the company of those who have known suffering.
After PayPal, I never thought I would get interested in payments again. But bitcoin is fulfilling PayPal's original vision to create 'the new world currency.'
The tallest building in the world is now in Dubai, the biggest factory in the world is in China, the largest oil refinery is in India, the largest investment fund in the world is in Abu Dhabi, the largest Ferris wheel in the world is in Singapore.
I often talk about the PayPal mafia out of San Francisco, people that were in PayPal and got out of PayPal and continue to reinvest in other start-ups and create a huge pay-it-forward type of network there.
One thing I would like to see in Vancouver and Canada is something similar to the PayPal mafia. They were all early employees of PayPal. They all had monster exits with PayPal, and they were able to take their winnings and form a syndicate that co-invests.
At Travelers, we were much more opportunistic. It was very successful, but it wasn't an integrated financial services company. We had a property casualty company, a life company, a brokerage company. We were a financial conglomerate. It wasn't a unified, coordinated strategy of any sort. When it merged with Citi, that became a big issue; Citi, at that time, wasn't yet a fully integrated, coordinated company.
I've had a terrific life, from building one company to be the second largest company in the securities industry and merging that into American Express, and becoming president of that company.
Man is supposed to be the maker of his destiny. It is only partly true. He can make his destiny, only in so far as he is allowed by the Great Power.
Software is eating the financial services industry. We have a large addressable market for PayPal to play in.
I don't believe a Brexit will hurt the City of London as one of the largest financial centers in the world.
The efficiency, credibility, and liquidity of the financial markets have been foundational to the largest economy in the world.
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