9781422270394

PayPal’s headquarters are in San Jose, California. While Chen worked for PayPal, he met the people who would help him create YouTube.

becomes successful, the early employees will rise with it. If it fails, the early employees will only have their experience as a reward. Chen’s expertise in computer science was what landed him a job at PayPal, a service that was officially launched in 1999. The service allowed users to exchange money quickly and securely over the Internet, something that had not existed up until that point. Today, many merchants allow customers to pay them directly using a PayPal account. KEY MEETING Working for PayPal benefited Chen in a few ways. He gained a lot of experience, but the biggest boon from working there was meeting Chad Hurley and Jawed Karim, the two people who would later help him start YouTube. Chen described how he first met Hurley: “We

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Story of a Startup