luke-nosek

Who Is Luke Nosek?

Business / By / January 8, 2023

Lukasz “Luke” Nosek is a Polish-American entrepreneur who studied computer science at the University of Illinois Urbana-Champaign and he was one of the PayPal Mafia members. He also started a new investment company called Gigafund in 2017. Gigafund backs tech companies that have the potential to make the world a better place. 

Read Next: PayPal Mafia

Silicon Valley

Nosek followed Levchin to California where he worked briefly as an evangelist at Netscape. 

Scant details exist about his exact role at Netscape, but as an evangelist, one can assume his role involved spruiking the company’s browser or other tech to investors, consumers, and various stakeholders.

Founders Fund

Nosek left PayPal after it was acquired by eBay in 2002, later founding the VC firm Founders Fund with former colleagues Peter Thiel and Ken Howery in 2005. 

Two of the firm’s most notable investments are in companies run by other members of the PayPal mafia. Nosek made the first institutional investment in SpaceX and was also an early backer in Geni, a genealogy platform founded by David O. Sacks and later acquired by Microsoft.

Gigafund

Nosek started a new investment company called Gigafund in 2017. Like its predecessor, Gigafund backs tech companies that have the potential to make the world a better place. 

To that end, it looks for ambitious and transformative founders who “look past short-term trends, industry structures, and technology opportunities and instead use first-principles to solve the world’s biggest problems.”

Read Also: PayPal Mafia

Read Next: Bill Gates Companies, Jeff Bezos Companies, Elon Musk Companies.

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Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
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