Latin America’s Groupon Mafia — techcrunch.com

Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago, Chile. The founders of PayPal and its employees have produced many highly successful companies over the years. In fact, PayPal’s founding team often is referred to as the “PayPal Mafia” because they’ve had such an impact on the startup ecosystem. Peter Thiel, Elon Musk, Reid Hoffman and many other former PayPal employees have shaped some of the world’s biggest tech firms, founding companies like YouTube, Tesla, SpaceX, LinkedIn, Yelp and many more.

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