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Tag: Sequoia

The ‘PayPal Mafia’ formed in the early 2000s, and includes everyone from Elon Musk to the Yelp founders. Here’s where the original members have ended up.

Since working at PayPal in the early 2000s, these 23 entrepreneurs have all gone on to impact Silicon Valley and the startup world by founding companies and backing new ventures. Known for their entrepreneurial mindset and anti-establishment attitude, this elite group is known as the “PayPal Mafia.” Some are household…

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Sequoia Infuses $5 Mn Into Automobile Repair Startup GoMechanic

Gurugram-based automobile repair and service solution startup GoMechanic has received $5 Mn (INR 35.69 Cr) in Series B from its existing investor Sequoia Capital. The company had raised this $5 Mn funding from Sequoia in January 2019. According to the ministry of corporate affairs filings, GoMechanic has alloted 3246 shares…

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A Swedish Fintech launches open banking platform

The payment provider Klarna has launched an open banking platform through which other fintechs, banks and companies can trigger payments on the accounts of consumers. According to the company, the platform provides access to 99 percent of online banking customers in currently 14 European countries. More than 4,300 European banks…

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The nightmare of Silicon Valley. Don’t open your business in Silicon Valley because it is suicide.

Silicon Valley is for a technological entrepreneur the same as Hollywood for an actor or Real Madrid for a footballer. In the universities, garages and student flats of some populations of this Californian region that precedes San Francisco, the germs of technological giants such as Apple, Google, Facebook and a…

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