Is this mostly just a story about Databricks?
PayPal mafia refers to how many other companies they founded after PayPal, not the fact that they founded PayPal:
PayPal mafia refers to how many other companies they founded after PayPal, not the fact that they founded PayPal:
+ Ray
+ Anyscale
"How Ray, a Distributed AI Framework, Helps Power ChatGPT" https://thenewstack.io/how-ray-a-distributed-ai-framework-he...
New frameworks to new companies.
Since the article's own title is also linkbait, I've replaced it with a representative phrase from the main text.
If 1 of these 7 Berkeley CS Ph.D.'s decides to leave to found his own company, now that they all have exec experience - what VC would turn them down?
Every single one of them will have top tier startup experience, having been part of the founding team of a huge success story, AND the most technical of their first 10 hires at the same time.
Databricks $28 billion
SpaceX & Tesla (~$120 billion & $421 billion)
LinkedIn sold for $26.5 billion
Yelp $2 billion
YouTube sold for $1.65 billion
Those are the major companies. Most of the PayPal mafia went on to do angel investing or work for VC firms.
Still amazing a group all went on to so many things - maybe like the guys at PARC
> Stoica was an exec at $300 million video streaming startup Conviva, while Shenker had been the first CEO at Nicira, a networking firm sold in 2012 to VMware for about $1.3 billion
Only Stoica, Ghodsi, and Zaharia are listed on https://www.forbes.com/real-time-billionaires and I don't think any of them were billionaires before Databricks? Exec at a $300M company or CEO overseeing a $1.3B exit means rich, yes, but not billionaire rich.