Elon Musk has tried to re-brand PayPal as “X” years ago and was shot down due to focus groups stating it reminded them of adult websites.

Thiel and PayPal co-founder Max Levchin plotted a coup against Musk while he was on his first vacation in years. The board fired Musk as CEO in September 2000 and replaced him with Thiel. Thiel formally changed the name of the combined company to PayPal in 2001.

  • b000urns
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    311 year ago

    Not idiots apparently. Still dislike PayPal however

    • Objectionist
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      251 year ago

      paypal sucks, but at least it sucks with dignity!

    • @fluckx
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      31 year ago

      Same. Registered for an account once and tried to pay on several sites and it just failed becaused the account was too new ( probably ).

      Eventually I transferred the funds to steam and deleted the account. What a feckin pile of rubbish.

    • KrisNDOPM
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      21 year ago

      Agreed, smarter for not re-branding to be like an adult website but still a bad service.

    • ormr
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      21 year ago

      At least it supports 2FA with hardware keys. Something that seemingly no bank is able to support after years and years have passed…