Slide: Max Levchin's Next Act

Can the founder of PayPal strike gold again with his new company, which helps MySpace and Facebook users connect to friends?

Compared with his last Internet venture, Max Levchin's latest company could be seen as frivolous. PayPal, which Levchin sold to eBay (EBAY) for $1.5 billion in 2002, helped spur the e-commerce boom by letting consumers buy products without credit cards. His current endeavor, Slide, helps MySpace and Facebook users make sparkly slide shows.

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