Luke Nosek

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Luke Nosek
Luke Nosek.jpg
Luke Nosek in 2007
Born Łukasz Nosek[1]
1975/1976 (age 42–43)[1]
Zgłobice, Gmina Tarnów, Poland
Alma mater University of Illinois at Urbana–Champaign
Occupation Venture capitalist, Entrepreneur
Known for Co-founder and VP of marketing at PayPal
Net worth $1.2 billion (#92 The Midas List 2013)
Website Forbes profile

Luke Nosek (born 1975/1976) is a Polish-born American entrepreneur, notable for being a co-founder of PayPal.[2]


Łukasz Nosek was born in Zgłobice, Gmina Tarnów, Poland.[1] He earned a B.S. in Computer Engineering from the University of Illinois at Urbana–Champaign.[3]

In the summer of 1995, while still in college, he co-founded SponsorNet New Media, Inc., along with fellow Illinois students Max Levchin and Scott Banister. Nosek then worked for Netscape; in 1998, with Max Levchin, Peter Thiel, Elon Musk, and Ken Howery, Nosek co-founded PayPal, serving as vice president of marketing and strategy, creating the company's "instant transfer" product.[2]

In his first conversation with Thiel, he told Thiel he had just registered to be cryonically suspended, i.e. he would be subject to low-temperature preservation in case of his legal death in hopes that he might be successfully revived by future medical technology.[4] (Thiel himself would later follow Nosek's example.[5])

After PayPal went public and was sold to eBay for $1.5 billion in 2002, Nosek left the company to travel and pursue angel investing. In 2005, with Thiel and Ken Howery, he started Founders Fund, a San Francisco-based venture capital firm with over $1bn under management.[1] In 2016 Cyan Banister, CEO of Zivity[6] and Angel of The Year winner[7] joined Founders Fund as a partner.[8]

In July 2017, Nosek left Founders Fund to launch Gigafund, an investment fund focused on space exploration.[9]

Nosek was the first institutional investor in Elon Musk's SpaceX, and sits on the company's board, he also sits on the board of ResearchGate.[10]


  1. ^ a b c d Feldman, Amy (March 1, 2007). "Putting Founders First: How one VC Firm coddles its CEOs". Inc. 
  2. ^ a b Plotkin, Hal (September 8, 1999). "Beam Me Up Some Cash". Archived from the original on March 26, 2006. 
  3. ^ "Archived copy". Archived from the original on 2014-08-26. Retrieved 2014-08-24. 
  4. ^ Thiel, Peter (September 16, 2014). Zero to One: Notes on Startups, or How to Build the Future. Crown Business. p. 1 (chapter 14). ISBN 978-0-8041-3929-8. 
  5. ^ Brown, Mick (September 19, 2014). "Peter Thiel: the billionaire tech entrepreneur on a mission to cheat death". The Telegraph. Retrieved October 16, 2014. 
  6. ^ "Zivity". Retrieved 2016-05-16. 
  7. ^ "Angel of the Year". Retrieved 2016-05-16. 
  8. ^ Loizos, Connie. "Cyan Banister joins Founders Fund as partner". TechCrunch. Retrieved 2016-05-16. 
  9. ^ Roof, Katie (July 28, 2017). "PayPal co-founder Luke Nosek leaving Founders Fund, reportedly for SpaceX-focused fund". TechCrunch. Retrieved February 16, 2018. 
  10. ^ "Press Coverage". February 22, 2012. Retrieved April 19, 2017. 

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