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A comment on WePay Drops 600lbs of ice in front of PayPal Conference. Parent comment

Re:WePay Drops 600lbs of ice in front of PayPal Conference by noglorp on Tuesday October 26, 2010 @03:08PM (#1835570)
I prefer petty thieves to institutional ones.
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Re:WePay Drops 600lbs of ice in front of PayPal Conference by davidw on Tuesday October 26, 2010 @03:15PM (#1835596)
From what I read about some of their early troubles, some of the thieves trying to use the system were anything but petty.
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Re:WePay Drops 600lbs of ice in front of PayPal Conference by meinhimmel on Tuesday October 26, 2010 @05:27PM (#1836174)
Do you have a link? I'd really like to read more about that.
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Re:WePay Drops 600lbs of ice in front of PayPal Conference by fakelvis on Wednesday October 27, 2010 @03:13AM (#1837644)
It's discussed at length in Eric M. Jackson's[1] The PayPal Wars[2].

[1] Former PayPal marketing executive

[2] http://en.wikipedia.org/wiki/The_PayPal_Wars

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Re:WePay Drops 600lbs of ice in front of PayPal Conference by davidw on Tuesday October 26, 2010 @05:35PM (#1836208)
It's more a vague recollection. Isn't there something about it in "Founders at Work"?
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Re:WePay Drops 600lbs of ice in front of PayPal Conference by ashearer on Tuesday October 26, 2010 @10:41PM (#1837024)
In "Founders at Work", one of the PayPal founders claimed that in the early days they were losing $10 million a month to fraud, and rising fast enough that it would soon eclipse profit, when they chose to develop an aggressive anti-fraud system.
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