business Overview
| HQ | placeSan Francisco Bay Area |
| Business | Online payments |
| Founded | access_time 24 years ago (founded December 1998) |
| Company Trajectory Score | 62 /100 |
| Employees | 31,000 TrueUp Rank #48 |
| Valuation | $84 billion TrueUp Rank #35 all-time high: $352 B (-76%) 1 year ago: $127 B (-34%) 5 years ago: $90 B (-7%) |
| Public / Private | Public ($PYPL) |
| Lists | FinTech |
PayPal is an online payments company with 576 job openings. It is currently valued at $84 billion as a public company. 31,000 people work at PayPal. The company was founded in 1998.
PayPal grid
Employee happiness →
Growth →
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local_atm Financials
| Valuation | $84 billion TrueUp Rank #35 52 wk high: $140 B (-40%) 1 year ago: $127 B (-34%) 5 years ago: $90 B (-7%) |
| Revenue trailing 12 months | $27 billion TrueUp Rank #38 |
| Revenue growth vs. same quarter last year | 10.7% TrueUp Rank #289 |
| MULTIPLES | |
| Valuation / Revenue | 3.1x |
| Valuation per employee | $2.7 million TrueUp Rank #885 |
| Revenue per employee | $0.9 million |
phonelink Products
| Top products | - PayPal - PayPal Credit |
| Other important products | - Braintree (acq in 2013 for $800M) - Venmo (acq in 2013 via Braintree) - Honey (acq in 2019 for $4B) - iZettle (acq in 2018 for $2.2B) - Xoom (acq in 2015 for $890M) - Hyperwallet (acq in 2018 for $400M) - Simility (acq in 2018 for $120M) |
| Primary customer type | emoji_people B2C+business B2B |
| Is this really a tech company? | Mostly remove Network effects close Zero marginal costs to produce check Product improves over time close Zero cost to expand globally check Self-serve onboarding + Zero cost of sales |
emoji_people Culture
| Glassdoor employee reviews | 76% would recommend PayPal to a friend (7,321 reviews) worse than 50% of tech co's 81% approve of the CEO Dan Schulman (3,140 reviews) worse than 60% of tech co's |
| Company culture links | PayPal Culturenorth_east paypal.com/us/webapps/mpp/jobs/culture |
| Companies founded by former employees | - LinkedIn (founded 2002) - SpaceX (founded 2002) - Tesla (founded 2003) - Palantir (founded 2003) - Yelp (founded 2004) - YouTube (founded 2005) - Yammer (founded 2008) - Affirm (founded 2012) - |
code Open Source
| Open source citizenship | sentiment_very_dissatisfied Poor / No participation TrueUp Rank #78 |
| Top open source projects | ★ 2.4kpaypal / accessible-html5-video-player |
rule Policies
| % of open jobs that are remote | 4% |
| home_work Remote work policy | |
| Same pay everywhere? (same work, same pay) | |
| public H1B sponsorships approved in 2021 | 92 TrueUp Rank #23 |
card_giftcard Benefits (US)
| Total value of benefits (annual estimate) | $4,368 (sentiment_dissatisfied OK) TrueUp Rank #8 |
| 401k match | 100% match |
401k match limit | 4% of salary |
| If you make... | Your max 401k match is... |
| $50k base salary | $2,000 |
| $100k base salary | $4,000 |
| $150k base salary | $6,000 |
| $200k base salary | $8,000 |
flight_takeoff Paid vacation (1st year) | |
| child_friendly Maternity leave | 16 weeks |
| child_friendly Paternity leave | 8 weeks |
| local_offer Employee discount | Special discounts on certian products and services from various providers |
| Other employee benefits | - Insurance - Medical Plans - Educational Assistance Program |
history Other info
Associated billionaires (source:Forbes) | $188.7B - Elon Musk $4.2B - Peter Thiel $1.8B - Reid Hoffman |
| IPO date | Feb 15, 2002 (21 years ago) |
| Top owners at IPO | 11.7% - Elon R. Musk 8.8% - Sequoia Capital 7.9% - Nokia Ventures 5.6% - Clearstone Venture 4.6% - Peter A. Thiel 4.5% - Madison Dearborn Partners 2.9% - Max R. Levchin 1.5% - The Goldman Sachs Group 1.4% - Credit Agricole 1.4% - Sonera 1.2% - Bill H. Harris 1.1% - Hikari Tsushin |
| Founder ownership at IPO | 19.2% |
| Implied founder equity split | 61% - Elon R. Musk 24% - Peter A. Thiel 15% - Max R. Levchin |
| Unsuccessful products trending_down | - |
