231:, in March 2000. The merged company became known as X.com because this was thought to be a name with broader long-term potential than Confinity or PayPal. However, surveys showed that a majority of consumers considered the name X.com vague and potentially
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and preferred that the company simply be called PayPal. After a corporate restructuring, which involved the removal of Elon Musk from the company, the company adopted the name PayPal Inc.
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The company was launched in 1998 as
Fieldlink and later renamed Confinity. Many of Confinity's initial recruits were alumni of
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in a $ 1.3 billion stock deal announced on July 8, 2002. eBay and PayPal became separate companies in 2015.
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also co-founded by Thiel, and most early engineers hailed from the
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stock exchange on
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468:"EBay follows Icahn's advice, plans PayPal spinoff in 2015"
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Financial services companies disestablished in 2000
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208:, is also known for being the former office of
238:PayPal made an Initial Public Offering on the
509:Companies based in Champaign County, Illinois
420:"PayPal IPO raises $ 70.2M - Feb. 14, 2002"
403:Elon Musk: How I Became The Real 'Iron Man'
219:Confinity launched its milestone product,
187:University of Illinois at Urbana-Champaign
142:was an American software company based in
332:"Max Levchin: The Making of a Tech Mogul"
409:, 10 June 2014, accessed 25 August 2018.
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444:"EBay Buys PayPal in $ 1.3B Stock Deal"
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380:"A building blessed with tech success"
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150:. It was founded in December 1998 by
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305:Odell, Mark (30 September 2014).
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282:"PayPal Puts Dough in Your Palm"
16:Former American software company
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307:"Timeline: The rise of PayPal"
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519:2000 mergers and acquisitions
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200:Confinity's second office,
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448:www.paypalobjects.com
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280:Lillington, Karlin.
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38:December 1998
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110:Headquarters
104:PayPal, Inc.
92:Merged with
360:plotkin.com
156:Peter Thiel
152:Max Levchin
61:Peter Thiel
57:Max Levchin
493:Categories
478:2019-08-16
453:2021-01-01
429:2021-01-01
389:2017-04-10
365:2017-04-10
341:2021-01-01
316:10 October
291:2017-04-10
264:References
164:Palm Pilot
160:Luke Nosek
65:Luke Nosek
407:Bloomberg
229:Elon Musk
195:CyberCash
170:company.
100:Successor
20:Confinity
250:See also
214:Logitech
128:Products
53:Founders
25:Industry
472:Reuters
174:Company
81:2000-03
79: (
71:Defunct
45:1998-12
43: (
35:Founded
504:PayPal
240:NASDAQ
221:PayPal
210:Google
158:, and
148:PayPal
132:PayPal
286:Wired
225:X.com
94:X.com
384:CNET
318:2023
244:eBay
212:and
89:Fate
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