Oct 11, 2023

On Building Mafia Effects

Mafia effects on technology over a multi-decade period change the world.

Paypal Mafia

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  • The “PayPal Mafia” is a group of former PayPal employees and founders who have since founded and developed additional technology companies[1] such as Tesla, Inc., LinkedIn, Palantir Technologies, SpaceX, Affirm, Slide, Kiva, YouTube, Yelp, and Yammer.
  • Mafia effects in technology over a multi decade period change the world
  • As an entrepreneur, it is important to consider the ecosystems that you build and whether you are building an abundance of mafia effects

Think in Abundance

  • Empower your team to create abundance in the world at scale
  • In building entirely new ecosystems, there is more than enough for everyone, so think generously

Mission Driven

  • Be mission driven think about how you can reinvent entirely new industries
  • E.g. Making life multi-planetary or democratizing the financial system

Multi-decade time horizon

  • “We overestimate the impact of technology in the short-term and underestimate the effect in the long run.” — Gates Law
  • Think in multi-decade time horizons


  • Empower your team to become leaders and eventually build their own companies
  • Seed the ecosystem so there is an abundance of talent and capital


  • As an entrepreneur, think not just about your company but how you can build entirely new ecosystems

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