- New Appointment:
- Dan Schulman, former president and CEO of PayPal, has joined Valor Capital Group as a part-time managing partner.
- Background:
- Schulman brings extensive experience, having served at PayPal for nine years and currently serving on the boards of Verizon, Cisco, and Lazard.
- Role and Responsibilities:
- Schulman will work for Valor Capital Group two to three days a week.
- He will support the firm in scaling, strategic decision-making, new investments, and working with select founders and portfolio companies.
- Announcement and Comments:
- Scott Sobel, Valor Capital’s current managing partner, announced Schulman’s appointment, describing him as a long-time friend, mentor, and business partner.
- Sobel highlights Schulman’s role in supporting the firm’s mission to bridge the gap between Latin American (LatAm) and global tech markets.
- Valor Capital’s Mission and Achievements:
- Founded in 2011 by Scott Sobel and Clifford Sobel, Valor Capital aims to address the lack of venture capital investment in LatAm.
- Over the years, Valor Capital has become active in funding rounds across North and South America, supporting fintech and agribusiness ventures such as Deuna, Vixtra, and Agrolend.
- Future Plans:
- With Schulman’s appointment, Valor Capital is emphasizing its commitment to its mission of bridging LatAm and global tech markets, indicating a strategic focus on expansion and further investments.
Former PayPal chief Dan Schulman joins Valor Capital as managing partner
