Peter Theil says the reason the Paypal mafia exists today isn't because of his hiring techniques but how he managed those people. Things like extreme bias for action, cult-like company culture, and "one thing" management philosophy. Founders must understand how it works: https://t.co/Po7kNgH4ay

This is Peter Thiel. He's worth $7.1 billion after founding & investing in $1B startups. From creating the "PayPal mafia" to hiring Sam Altman, Reid Hoffman, and partnered with Elon Musk... He is also the greatest recruiter ever! His... See more

PayPal Mafia culture -- as explained by the people who lived it: 1. Extreme Focus 2. Dedication to individual accomplishment 3. Refusal to accept constraints, external or internal 4. Radical transparency on metrics 5. Meritocratic opportunity 6.... See more