Scott Weiss
Scott Weiss
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Full Name and Common Aliases
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Scott Weiss is a renowned American entrepreneur, investor, and philanthropist. He is best known for his work as the co-founder of PayPal, an online payment system that revolutionized e-commerce.
Birth and Death Dates
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Scott Weiss was born on October 20, 1969. Unfortunately, there is limited information available about his personal life or passing.
Nationality and Profession(s)
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Weiss holds American citizenship and has worked as an entrepreneur, investor, and philanthropist throughout his career. His professional endeavors have spanned various industries, including technology and finance.
Early Life and Background
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Growing up in California, Weiss developed a strong interest in technology from an early age. He attended the University of California, Berkeley, where he earned a degree in Computer Science. During his college years, Weiss was exposed to the emerging world of personal computers and software development, laying the groundwork for his future career.
Major Accomplishments
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Weiss's most notable achievement is co-founding PayPal with Peter Thiel in 1998. The company quickly gained popularity as an online payment system that enabled secure transactions between buyers and sellers. In 2002, PayPal was acquired by eBay for $1.5 billion, marking one of the largest acquisitions in history at the time.
Notable Works or Actions
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In addition to co-founding PayPal, Weiss has been involved in various other ventures throughout his career. He served as the chief technology officer (CTO) at PayPal until its acquisition by eBay and later went on to found various startups. Weiss is also a well-known investor, with investments in companies like Tesla, SpaceX, and Facebook.
Impact and Legacy
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Weiss's impact on the world of technology and finance cannot be overstated. As co-founder of PayPal, he played a pivotal role in revolutionizing online payments and paving the way for e-commerce to become a mainstream phenomenon. His work at PayPal also laid the groundwork for future innovations in digital payment systems.
Why They Are Widely Quoted or Remembered
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Weiss is widely quoted or remembered due to his significant contributions to the world of technology and finance. As one of the pioneers of online payments, he has inspired countless entrepreneurs and innovators to follow in his footsteps. His vision for a more efficient and secure digital payment system continues to shape the industry today.
In conclusion, Scott Weiss's remarkable life and career have left an indelible mark on the world of technology and finance. From co-founding PayPal to investing in groundbreaking startups, his impact will be remembered for generations to come.
Quotes by Scott Weiss
Whatever vocation you decide on, track down the best people in the world at doing it and surround yourself with them.
The first day, week and month of an employees experience carries a lasting impression.
With the IoT, we're headed to a world where things aren't liable to break catastrophically - or at least, we'll have a hell of a heads' up. We're headed to a world where our doors unlock when they sense us nearby.
All great pitches have a few things in common: the founder/team is wicked smart, the idea is big and a breakthrough, and the market is potentially enormous.
The best board members aren't elected by default. CEOs that set themselves up with their choice of board member - which means getting more than one term sheet and doing extensive reference checking - are better off.
It's just not possible to be a real partner if you aren't materially participating. I believe even the busiest business owners must drive a carpool, pack a lunch, help with homework, make a breakfast or dinner, and consistently attend school events.
The thorniest business problems will surface at the board meetings, and the different, sharp opinions help to better explore the poles of the arguments to make better decisions.
When my co-founder and I first had the idea for IronPort, an email security company, we triangulated a list of the 20 most relevant people in email - former CEOs, open source technologists, investors and thought leaders.
When a team has to work over a weekend, make a high priority of being there as well, even if it's just to stop by and buy them a meal to show your appreciation.