Everyone’s heard of the PayPal Mafia, the gang of entrepreneurs that formed after eBay Inc. acquired the online payment services in 2002. (Alumni include PayPal co-founders Peter Thiel and Max Levchin.)
Not be outdone, eBay now has a mafia of its own — a “cousin to the PayPal mafia,” as Wall Street Journal reporter Emily Chasan puts it. In her article “Where Startups Shop for Finance Talent,” Chasan notes that over 20 eBay executives have become chief financial officers in Silicon Valley and beyond in the last three years alone, including Rob Krolik at Yelp Inc., Douglas Jeffries at RetailMe Not Inc. and Sean Aggarwal at Trulia Inc..
eBay has become a “hot house for CFOs” in part because the company has “enough resources to invest in grooming up-and-coming financial talent and enough breadth to offer the best prospects hands-on experience running their own operations. The company says it has about 1,000 financial executives around the world and more than a dozen divisional and regional CFOs.”
Read the full article at wsj.com (Subscription required.)