Ben Weiss / Fortune:

Sources: PayPal plans to close its 10-year-old PayPal Ventures arm amid new CEO Enrique Lores' shakeup and has hired Jefferies to explore selling some positions  —  PayPal is shuttering its 10-year-old venture team amid a broader corporate shakeup, according to five sources familiar with the matter.

Ben Weiss / Fortune:

Sources: PayPal plans to close its 10-year-old PayPal Ventures arm amid new CEO Enrique Lores' shakeup and has hired Jefferies to explore selling some positions  —  PayPal is shuttering its 10-year-old venture team amid a broader corporate shakeup, according to five sources familiar with the matter.

Source: TechMeme
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