Day 1 of The Startup Mafia Series: How 1 Startup Created 10 Billionaires The startup world loves a good mythโthe lone genius who hustles in a garage, builds something incredible, and becomes a billionaire. Sounds inspiring. Too bad thatโs not how it really works. Look at the PayPal Mafia. In the late โ90s, a group of young, ambitious men built PayPal. When eBay acquired it for $1.5 billion, they didnโt just cash out. They took over. This wasnโt just one successful startupโit was the launchpad for an empire. Elon Musk โ Tesla, SpaceX, OpenAI Reid Hoffman โ LinkedIn Peter Thiel โ Palantir, Facebookโs first investor Jawed Karim โ YouTube Jeremy Stoppelman โ Yelp Each of these companies shaped the modern internet. But hereโs the real secret: They didnโt do it alone. They had a system. When one of them launched a company, the others funded it. When they needed media attention, the others made the calls. When they wanted investors, the others opened doors. While unknown founders struggled to raise $100K, they had millions ready. While outsiders begged for press, their stories were already written. This is the real game of startups. Itโs not just about talent. Itโs about access. But hereโs the bigger question: If the PayPal Mafia dominated the 2000s, who controls todayโs startup world? There are new โmafiasโ shaping the futureโtight-knit groups of founders, investors, and insiders who help each other win while outsiders struggle. Tomorrow, weโll expose one of the most powerful ones: Why YC founders have an unfair advantageโand how the startup game is played before you even launch. Follow now. You wonโt see these truths anywhere else.
Download the medial app to read full posts, comements and news.