The man secretly “layed the foundation” for Elon Musk’s Paypal empire: 23 years old rushed to make money, 30 years old almost died of illness while lying on a pile of silver

Tram Ho

Some people call it a miracle, but also many people think that he is a crazy person to start a business because Tran Si Tuan can earn 13 billion yuan within 20 months.

Người đàn ông kín tiếng "đặt móng" cho đế chế Paypal của Elon Musk: 23 tuổi lao đầu vào kiếm tiền, 30 tuổi suýt qua đời vì bạo bệnh khi nằm trên đống bạc - Ảnh 1.

Tran Si Tuan and the past full of ups and downs

Tran Si Tuan was born in 1978 in Taiwan (China) in an intellectual family. Perhaps influenced by that environment, from an early age he was not only smart but also loved math and science.

At the age of 8, his father came to America to work, so the family also moved to a new place. Thanks to his exposure to the open educational environment, his understanding is also expanding. In which, programming is his hobby. Thanks to his talent, Tran Si Tuan mastered programming very quickly. At the same time, his passion for computers has reached the point of forgetting to eat or sleep.

After graduating from high school, he majored in Computer Science at the University of Illinois Urbana-Champaign. As a senior in college, he gave up the safe path most graduates would take to join a small, obscure company called PayPal. What he saw was the great ambition of the company and the product of PayPal at that time.

When PayPal recruited Tran Si Tuan, they said what they would do is a mobile payment tool. No one can imagine what society would be like without the circulation of money. Turning currency into digital might have been a strange thing at the time. PayPal is such an odd platform. When Tran Si Tuan heard this idea, he was very excited.

But soon after, PayPal was acquired by another company. He worked around the clock, gave his all, but three years later, he finally couldn’t stand the way the company was run, so he decided to leave.

This incident affected him deeply. These three years made him understand a few things and accumulate a lot of experience.

Người đàn ông kín tiếng "đặt móng" cho đế chế Paypal của Elon Musk: 23 tuổi lao đầu vào kiếm tiền, 30 tuổi suýt qua đời vì bạo bệnh khi nằm trên đống bạc - Ảnh 2.

In a garage, Youtube was born

Many people may not be familiar with the name Tran Si Tuan, but when it comes to Youtube, many people know it well. When Tran Si Tuan – who is worth hundreds of billions of dollars of PayPal decided to develop Youtube, he was only 26 years old at this time.

If PayPal is the platform, then Youtube is his famous “work”. After much research and development, in late February 2005 he and colleagues Chad Hurley and Jawed Karim devised a platform for netizens to share videos. And they named it Youtube.

In its early days, Youtube was a video social networking site. At the time, the site had very few users. But starting a business is always synonymous with challenges. When Tran Si Tuan first ran into trouble, he wanted to sell it to eBay. Unexpectedly, eBay refused to buy Youtube. But it was this rejection that helped Tran Si Tuan discover a bigger opportunity.

He decided to turn Youtube into an instant video sharing platform. Then the software was developed, but no one used it. No capital, no money to advertise, for a long time the development of Youtube seemed to stop.

It was not until 2006, when Youtube became famous, the number of users has increased rapidly. However, after considering the reality, he still decided to sell this “child”.

When he realized he couldn’t take YouTube to a better path, Tran Si Tuan chose to find it a new moderator. For him, YouTube is really like a child and he has watched this “child” grow up step by step.

At that time, Youtube had just over 40 employees, but the number of software users increased exponentially day by day. Every employee is working very hard but there is really not much energy left to ensure normal operation. Tran Si Tuan knows that if he does not accept mergers into large companies, the final outcome can only be failure.

He gave Youtube to Google and earned 1.6 billion USD. Although many people consider this a failure, Tran Si Tuan knows that it is the best option.

Người đàn ông kín tiếng "đặt móng" cho đế chế Paypal của Elon Musk: 23 tuổi lao đầu vào kiếm tiền, 30 tuổi suýt qua đời vì bạo bệnh khi nằm trên đống bạc - Ảnh 3.

Life trajectory completely changed

Fate made Tran Si Tuan an early success, but a shock changed his later life completely. At the peak of his career, Tran Si Tuan was suddenly diagnosed with a brain tumor. At that time, the doctor also told him that this is an incurable disease that cannot be cured.

Someone once said: “The most regrettable thing in this world is that when people die, the money is not spent.” When Tran Si Tuan owned a huge amount of money, that was when he was diagnosed with a brain tumor. At this point he realizes that working hard is only one goal that he pursues and he still has a lot of work to do.

In 2008, he was lucky and underwent extremely successful surgery.

Tran Si Tuan once said: “If everything in you could disappear in an instant, you would know that you shouldn’t waste time, shouldn’t be bored and waste your life.” In the journey to build a career, Tran Si Tuan almost had to pay with his life.

But now, he has escaped the whirlpool of work to enjoy life. Since then, the young man surnamed Tran started a new entrepreneurial journey. Now he is still working, but no longer pushing himself as before.

The most important point for Tran Si Tuan’s success in starting a business is seizing the right opportunities. To do this, it is necessary to hone your vision to analyze and understand technology trends, otherwise you will let your luck slip away.

Starting a business is becoming a trendy trend, but every business has a profit and loss. Starting a business doesn’t just require a certain amount of capital, sometimes it takes a bit of courage, putting all your strength into it.

After all, very few people can successfully implement their ideas. Dare to pursue and dare to let go are the keys to a fulfilling life.

According to NetEase

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Source : Genk