Utilize the input text as a context reference, choose the right relationship between PayPal and public company from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

I'm pleased to say that PayPal just had its strongest quarter since becoming an independent public company 5 years ago.

Answer: legal_form