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Peter Thiel ICT
Transcript of Peter Thiel ICT
He was ranked 293 on the Forbes 400 in 2011, with a net worth of $1.5 billion as of March 2012. Thiel lives in San Francisco, California.
In 1998, Mr Thiel made e-commerce easier, faster, and more secure by co-founding and leading PayPal, which now has more than 113 million active financial accounts.
In 2002, he sold PayPal to eBay and founded a global macro fund, Clarium.
EBay, Amazon, Tesco, ASDA, Morrison, Wordpress, iWeb, have all been made better with PayPal.
He sold PayPal to eBay.
EBay is a website where you can buy lots of things from clothes to the latest iPhone. EBay uses PayPal, this makes the processes of buying the item much quicker if you are logged in it only takes 2 clicks to purchase an item. PayPal has helped us so we can shop online and pay money digitally. Without PayPal, Amazon or eBay wouldn’t be what it is today. Just think not being able to buy things online and having to go to the shop every time. What other technologies have developed/use from it? Peter's Future