What about Jawed Karim, Jeremy Stoppelman, Andrew McCormack, Premal Shah, Luke Nosek, Ken Howery, Keith Rabois, Reid Hoffman, Max Levchin, and Russel Simmons?
Oh wait, none of them have slightly tenuous connections from their grandfathers so we ignore them in this incredibly stupid and cherrypicked point we're making.
PayPal Mafia is a tongue in cheek term formed 20 years ago about a group of incredibly successful investors and entrepreneurs.
This is bottom tier media output. The stupidity of this is infuriating to all rational people and lapped up by idiots.