Why The PayPal "Mafia" Was So Great: Yammer CEO David Sacks Explains
“Why PayPal spawned so many success stories. The company never hired professional recruiters or headhunters, so the founders hired people who resembled them in terms of scrappiness and smarts. Also, the company never believed conventional wisdom about what it could not do, and it failed a lot, fast. Some of the lessons learned, like to stick with visionary founders over “professional” managers, and to use platforms from bigger companies to spread virally, are now commonly accepted wisdom.”