There Was An Attempt

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There Was An Attempt, and they failed.

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An attempt was made to re-brand PayPal to X before this Twitter situation (biz.crast.net)

submitted 1 year ago by KrisND@lemmy.world to c/therewasanattempt@lemmy.world

7 comments fedilink hide all child comments

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.

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[–] DragonTypeWyvern@literature.cafe 17 points 1 year 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.

[–] Poggervania@kbin.social 12 points 1 year ago (1 children)

Can Elongated Muskrat just rename himself to X at this point?

[–] GombeenSysadmin 11 points 1 year ago (1 children)

There’s a GREAT Twitter thread explaining everything that went on with this. Although I think you need an account there these days to read it all.

[–] Odo@lemmy.world 9 points 1 year ago (1 children)

Nitter still works. No login needed.

[–] GombeenSysadmin 5 points 1 year ago

Excellent, thanks for that

[–] yoz@aussie.zone 3 points 1 year ago

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