| By Jim Bruene on January 7, 2000 4:17 PM | Comments (0) |
X.com
X.com invites visitors to send money instantly to anyone
(after registration of course).
X.com (Palo Alto, CA), the company with the name you can’t misspell, a 28-year old founder (Elon Musk), and a new CEO who turned down 100 job offers to come on board (Bill Harris, former Intuit CEO), is moving fast and furious, providing the first taste of what happens when you mix Silicon Valley with Net-banking. Just two weeks after its Nov. 30 launch, the bank had already added P2P Internet payments to its mix, one-upping Palo Alto neighbor, Confinity’s PayPal by adding FDIC insurance through its relationship with First Western National Bank, and doubling the referral bonus to $20. We’ll be following X.com closely and will report on their products in detail next month. (Disclosure: OBR Editor Jim Bruene had a minor consulting role in the early stages of the company.)
Contact: Bill Harris is CEO, (650) 752-6980
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