Wisdom From The Top with Guy Raz Values without Action are Propaganda: PayPal's Dan Schulman
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Oct 30, 2024 Dan Schulman, President and CEO of PayPal, is a champion of social justice and employee well-being. He discusses halting plans for a new operations center in response to discriminatory legislation, emphasizing that activism boosts, rather than harms, company performance. Schulman shares insights from his career journey and tackles how corporations must evolve from rhetoric to action in addressing social issues. He highlights significant initiatives aimed at fostering equity and supporting minority businesses, demonstrating the intersection of values and business success.
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Childhood Activism
- Dan Schulman's parents were civil rights activists, influencing his values.
- His dad joked about Dan having an FBI file due to his early exposure to activism.
Sister's Impact
- Dan Schulman's sister's unexpected death shifted his focus from personal success to teamwork.
- This change propelled his career at AT&T, where he eventually managed 40,000 people.
Tech Disruption
- AT&T's consumer long-distance revenue drastically shrunk due to technological advancements.
- This highlights the rapid change in technology and the challenge for companies to keep up.