By Elon Musk | PayPal vs. SpaceX: Different Entrepreneurial Challenges Lecture 20 of 23
Musk talks about how PayPal had a number of offers but they undervalued the companies and so they went public to get an objective valuation of the company. eBay had made a good offer after the IPO, says Musk. Another reason to sell to eBay was the long term risk of losing to the eBay payment platform, he adds.