Luke Nosek is the managing partner of Gigafund along with his partner Steve Oskoui. As a co-founder of PayPal, Luke served as the company’s Vice President of Marketing & Strategy. While at PayPal, he oversaw the company's marketing efforts at launch, growing user base to 1 million customers in the first six months. Luke also created “Instant Transfer” PayPal’s most profitable product. After the $1.5 billion sale of PayPal to eBay in 2001, Luke launched Founders Fund with his PayPal co-founders Peter Thiel and Ken Howery. The fund has since grown to over $4 billion under management. At Founders Fund, Luke led the first venture investment into Elon Musk’s SpaceX in 2008 and has served on the SpaceX Board since then.