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Dan Schulman
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#Tags
If you think about the under-30 generation, the millennial generation - GenTech, as I call them - they grew up with a screen in front of them. And so they think about everyday processes, like payments, differently than you and I do.
- Dan Schulman
#About
#Generation
#Like
#Think
#Up
We cannot just rely on the public sector or the private sector. We all need to work together.
- Dan Schulman
#Cannot
#Just
#Need
#Together
#Work
If you want to have the best employees, there really needs to be a vision and a mission. Talent looks for a mission. And if you have the best talent, that's the single biggest competitive advantage any company can have.
- Dan Schulman
#Best
#Company
#Mission
#Talent
#Vision
We're really thinking how do we re-imagine PayPal almost as a service. PayPal as a SaaS platform.
- Dan Schulman
#Almost
#How
#Platform
#Service
#Thinking
We had grown too fast at PayPal. Our operating expenses had grown too fast... Growth covers a lot of sin. We want to grow without sin.
- Dan Schulman
#Fast
#Grow
#Growth
#Sin
#Want
I think that sometimes people talk about disruption, and I've seen tons of startups come in as disruptors and then disappear. And I think what we need to do as an industry is think about a world that is dominated by mobile and software and not extrapolate from what was. And I think a lot of big companies tend to want to do that.
- Dan Schulman
#Big
#People
#Software
#Sometimes
#World
The digitisation of money, the rapid expansion of internet access and, of course, the adoption of mobile phones have created the perfect conditions to make it easier, secure, and affordable to save, spend, give, and borrow.
- Dan Schulman
#Course
#Internet
#Money
#Perfect
#Phones
On average, an underserved consumer spends 10% of their disposable income on unnecessary fees and interest rates.
- Dan Schulman
#Average
#Consumer
#Income
#Interest
We take the privacy of our consumers' information as one of the most trusted things that people look to Paypal for, because when it comes to financial services, the single most important brand attribute you can have is trust.
- Dan Schulman
#Brand
#Information
#Look
#Privacy
#Trust
When I talk about the ability for fintech to promote kind of economic growth and productive citizens coming in, using different data and being able to lend to small businesses, see those small businesses start to grow - of course, that means more money for their families, you know, the small-business owner families. They start to hire people.
- Dan Schulman
#Ability
#Grow
#Growth
#Money
#Start
Our strategy is to provide even more value to users and tie the Venmo community into the PayPal merchant marketplace so that they can use Venmo to buy things.
- Dan Schulman
#Community
#More
#Strategy
#Tie
#Value
Too many people go into existing organizations and define success as recreating what is there. To be successful as a startup organization within a large, established culture, you really need to think about how you leverage the assets that are there.
- Dan Schulman
#Culture
#Organization
#People
#Success
I consider myself a good communicator and a good salesman.
- Dan Schulman
#Consider
#Good
#Myself
#Salesman
We believe digital payments are making financial services more universally affordable, accessible and, therefore, have the opportunity to drive financial inclusion and financial health for billions worldwide.
- Dan Schulman
#Believe
#Digital
#Health
#Opportunity
My mom pushed me in a baby carriage at Martin Luther King rallies. My grandfather was a union organizer. And to me, there is no room - no room - for discrimination of any kind. To me, it's just an anathema.
- Dan Schulman
#Discrimination
#King
#Me
#Mom
#Room
When you focus solely on valuation and market share, you win some and you lose some. When you focus on the needs of your customers and help them achieve their dreams, you win every time.
- Dan Schulman
#Dreams
#Focus
#Lose
#Time
#Win
As CEO, I believe my most important job is to both define reality and inspire hope for the PayPal team. Defining reality includes being realistic about all the things that could go wrong so that we are prepared to navigate those challenges.
- Dan Schulman
#Believe
#Challenges
#Hope
#Job
#Reality
We put people at the center of everything we do.
- Dan Schulman
#Center
#Everything
#People
#Put
In many ways, leadership is about defining reality and inspiring hope, but if you have these great people around you and they know that what they do is going to be recognized, it can be incredibly powerful.
- Dan Schulman
#Great
#Hope
#Leadership
#People
#Reality
I do think that in a digital future, consumers will increasingly turn to brands that they trust. Trust, security, and service are even more important in a digital world.
- Dan Schulman
#Digital
#Future
#Security
#Service
#Trust
#World
I grew up in a progressive household with a family that believed in equality for all, and that leaves its mark on you. In the past, I planned to go into politics and never considered Wall Street as an option.
- Dan Schulman
#Equality
#Family
#Past
#Politics
#Street
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