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Luke Nosek

Polish-born American entrepreneur; co-founder of PayPal

Field	Value
name	Luke Nosek
image	Luke Nosek (8518034389) (cropped).jpg
caption	Nosek in 2013
birthname	Łukasz Nosek
birth_date
birth_place	Tarnów, Poland
alma_mater	University of Illinois at Urbana–Champaign (BS)
occupation	Venture capitalist, Entrepreneur
known_for	Co-founder and VP of marketing at PayPal
website	Forbes profile

Łukasz Nosek (; born June 1, 1975) is an entrepreneur, notable for being a co-founder of PayPal.

Biography

Łukasz Nosek was born in Tarnów, Poland. After emigrating to the US, he earned a B.S. in Computer Engineering from the University of Illinois at Urbana–Champaign.

In the summer of 1995, while still in college, he co-founded SponsorNet New Media, Inc., along with fellow Illinois students Max Levchin and Scott Banister. Nosek then worked for Netscape. In 1998, with Max Levchin, Peter Thiel and Ken Howery, Nosek co-founded PayPal, serving as vice president of marketing and strategy, creating the company's "instant transfer" product.

In his first conversation with Thiel, he told Thiel he had just registered to be cryonically suspended, in other words, that he would be subject to low-temperature preservation in case of his legal death in hopes that he might be successfully revived by future medical technology. Thiel himself would later follow Nosek's example.

After PayPal went public and was sold to eBay for $1.5 billion in 2002, Nosek left the company to travel and pursue angel investing. In 2005, with Thiel and Ken Howery, he started Founders Fund, a San Francisco-based venture capital firm with over $1 billion under management.

In July 2017, Nosek left Founders Fund to launch Gigafund, an investment fund focused on space exploration.

Nosek was the first institutional investor in Elon Musk's SpaceX, and sits on the company's board. He also sits on the board of ResearchGate.

References

Feldman, Amy. (March 1, 2007). "Putting Founders First: How one VC Firm coddles its CEOs.". [[Inc. (magazine).
Consciousness Hacking. 6/14/2014"]
"Alumni Awards".
Plotkin, Hal. (September 8, 1999). "Beam Me up Some Cash". [[CNBC]].
Forrest, Conner. (June 30, 2014). "How the 'PayPal Mafia' redefined success in Silicon Valley".
(September 16, 2014). "[[Zero to One]]: Notes on Startups, or How to Build the Future". Crown Business.
(September 19, 2014). "Peter Thiel: the billionaire tech entrepreneur on a mission to cheat death". The Telegraph.
Roof, Katie. (July 28, 2017). "PayPal co-founder Luke Nosek leaving Founders Fund, reportedly for SpaceX-focused fund". TechCrunch.
(February 22, 2012). "Press Coverage". researchgate.net.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

1970s-births living-people angel-investors american-venture-capitalists american-technology-company-founders american-corporate-directors american-computer-programmers cryonicists people-from-tarnów paypal-people polish-emigrants-to-the-united-states grainger-college-of-engineering-alumni 21st-century-american-businesspeople year-of-birth-missing-(living-people) financial-technology-company-founders french-computer-programmers polish-computer-programmers

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