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Peter Thiel ICT

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Cameron Barr

on 12 March 2013

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Transcript of Peter Thiel ICT

About Peter Problems With PayPal The biggest criticism with PayPal is that it acts like a bank, but it isn’t regularly like one. It means it offers none of the protection that other banks provide. So many people have problems with PayPal that entire websites exist to discuss problems with PayPal PayPal Advert As well as co-founding PayPal He is also a financial backer in facebook and is the president of Clarium Capital. He will keep working hard untill he dies. We think he will carry on thinking up new ideas for future generations! By Cameron,Abi and Archie PETER THIEL He was born on October 11, 1967. He was born in Germany and is an entrepreneur. Thiel co-founded PayPal with Max Levchin and served as its CEO.
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
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