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On 20 January 2022 the International Federation of Football History & Statistics announced Palmeiras as the winner of the Men's World Best Club Ranking of 2021. It was the first time a Brazilian club finished a year on top of this ranking.
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The company was founded in December 2002 by Reid Hoffman and the founding team members from PayPal and Socialnet.com (Allen Blue, Eric Ly, Jean-Luc Vaillant, Lee Hower, Konstantin Guericke, Stephen Beitzel, David Eves, Ian McNish, Yan Pujante, Chris Saccheri). [20] In late 2003, Sequoia Capital led the Series A investment in the company. [21]
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