Paypals New CEO could be Max Levchin & help the stock go parabolic, this is why.
—Levchin is Co Founder of Paypal original Paypal Mafia, Founder and CEO of Affirm & Paypals Former CTO.
—Paypals new CEO will have a mega opportunity to turn things around at record lows with a major incentive with options and major bonuses with over $5 billion in FCF and this going to share buybacks at record low prices.
—Levchins Affirm $AFRM has seen a major draw down because of the rate hikes currently valued at $4.5 B and if there are a couple more rate hikes they could face big problems and might look for an exit.
—Paypal recently made a deal with KKR to sell up to €40B in BNPL loans for $1.8B to buyback shares that will likely close later this year. This distorted Paypals latest FCF in earnings this quarter.
—Levchin, Thiel & Elon Musk launched paypal in 1998.
—Thiel is still a general partner of The Founders Foundation where he is chairman.
—Levchin said “his friendship with Musk is built “on a texting basis.” Could this be the “Full Circle Elon Musk was talking about making Paypal a future partner with Musk's New X.com?
Remember Paypal was in talks of buying Pinterest for $45B in 2021 at its peak to get into the social media side.
—Musk's Plan is to make X the next Wechat and could really use Paypal to accomplish this.
Remember the Paypal Mafia has it's hands in the largest companies in the world now.
This is what the market is waiting on and I believe that the new ceo even if its not Levchin is going to really run this back up to all time highs over the next 36 months.
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