Tech Giant Taken Down by Sex Scandal ‘Shakedown’

You may know Keith Rabois as one of the first employees of PayPal, a good friend of venture capitalist and tech god Peter Thiel, and a member of the “PayPal Mafia,” a group of former PayPal higher-ups who went on to fundamentally shape the way Silicon Valley does business. Rabois is now the COO of the multibillion-dollar startup Square, or, at least he was until yesterday, when he resigned before publishing a grand open letter partially confessing to misdeeds related to an imprudent sex scandal. More »