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a16z Live

In the Vault: Placing Multiple Bets on a ‘Mosaic of Solutions’ With Former Global Payments CEO Jeff Sloan

Apr 30, 2024
Former Global Payments CEO Jeff Sloan discusses spotting industry trends, making strategic bets, and the impact of AI on financial services with a16z General Partner Angela Strange.
32:14

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Strategic vision focused on modernizing technology and expanding distribution for growth.
  • Embracing change, investing in technology advancements, and diversifying methods for success.

Deep dives

Transformation of Global Payments Business

Global Payments underwent a significant transformation under Jeff Sloane's leadership. Revenue grew from $2 billion to $9 billion during his tenure as CEO. Sloane's strategic vision focused on modernizing technology and expanding distribution. He capitalized on industry trends such as the rise of cloud technology and the digitization of payments, guiding Global Payments to a $35 billion market cap company.

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