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HomeBankingFormer PayPal chief Dan Schulman joins Valor Capital as managing partner

Former PayPal chief Dan Schulman joins Valor Capital as managing partner

Date:

  1. New Appointment:
    • Dan Schulman, former president and CEO of PayPal, has joined Valor Capital Group as a part-time managing partner.
  2. Background:
    • Schulman brings extensive experience, having served at PayPal for nine years and currently serving on the boards of Verizon, Cisco, and Lazard.
  3. 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.
  4. 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.
  5. 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.
  6. 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.

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