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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    312 years ago

    Not idiots apparently. Still dislike PayPal however

    • Objectionist
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      252 years ago

      paypal sucks, but at least it sucks with dignity!

    • @fluckx
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      32 years 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.

    • ormr
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      22 years ago

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

    • KrisNDOPM
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      22 years ago

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

  • @[email protected]
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    172 years ago

    Reminder that Musk became a mega millionaire by riding the .com bubble and scamming Compaq.

    This is what made him a billionaire, Peter Thiel forcing him out of leadership.

    • @bob_wiley
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      1 year ago

      deleted by creator

      • @200ok
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        42 years ago

        Was it the 10th kid?

        • @bob_wiley
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          1 year ago

          deleted by creator

  • YⓄ乙
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    32 years ago

    When you have billion dollars I doubt he cares what imUS regulars really think. Also, we , regulars keep complaining no matter what