How Paypal got started



Interview with Max Levchin, co-founder of the e-commerce company PayPal, which was bought by internet auction giant eBay for $1.5 billion in 2002. Paypal started as a way for people with Palm pilots to exchange money through infra-red. They quickly realized there was a better opportunity.

See the interview in full and hear from more entrepreneurs at http://www.bbc.co.uk/startupstories