Carrick Lane

Jack Selby serves as Managing Director and is the primary investment decision-maker. Selby was an early vice president at PayPal before its $1.5 billion sale to eBay in 2002, and his personal network of fellow PayPal alumni and the broader Thiel-associated ecosystem is central to how the firm evaluates and accesses opportunities.

Public records consistently describe Carrick Lane as a single-family office managing Jack Selby's personal capital, without evidence of third-party limited partners. The firm does not appear to register as an investment adviser or operate pooled vehicles that would suggest outside capital.

Selby's deal flow relies heavily on the 'PayPal Mafia' network — the group of founders, executives, and investors who worked at PayPal before and around the eBay acquisition. He participates as a limited partner in several Mafia-affiliated venture funds, including Founders Fund, and co-invests directly alongside these same networks on a deal-by-deal basis.

AZ Film, the production entity within Carrick Lane, reflects a deliberate blending of investment activity and cultural patronage. The unit develops and finances independent films, documentaries, and festival-circuit projects, positioning the office as a hybrid allocation-and-operating enterprise rather than a pure balance-sheet investor.

Selby's known real estate activity concentrates on commercial and residential properties in San Francisco and New York City, favoring well-located, supply-constrained urban assets. The real estate allocation does not appear to pursue ground-up development; it functions instead as a long-duration holdings strategy within the broader portfolio.