“LINIO MAFIA” 2019 One Mexican company’s multiplier effect

The “PayPal Mafia” has received much attention surrounding its substantial impact on the entrepreneurship ecosystem. Many founders and former employees like Peter Thiel, Elon Musk, and Reid Hoffman left PayPal and started what are today many prominent tech companies, including YouTube, Tesla, LinkedIn, and Yelp. But, the story of one company unleashing a subsequent wave of entrepreneurs and follow-on startups is not unique to PayPal nor Silicon Valley.
In fact, a clear case can be found right here in Mexico City: Linio.

66

companies were started from Linio.

70%

of potential strategic hires were also connected to Linio.

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