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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

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Jeff Sloan

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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.

Introduction

2min

Evolution of Global Payments and Strategic Adaptation

18min

Effective Deal Integration Strategies and Governance in Running a Company

3min

Strategic Shift in the Payments Industry

4min

Exploring the Potential of Generative AI in Financial Services

2min

Lessons in Patience and Strategic Decision Making for CEOs

4min

In a new episode of In the Vault, a16z General Partner Angela Strange talks with Jeff Sloan, former CEO of Global Payments, about how he was early to spot significant industry trends, how to make bets that move an organization, and the sea change that AI represents for the financial services industry.

0-1:40 Intro

1:40-8:15 Joining Global Payments

8:15-19:30 Placing many bets

19:30-26:10 Deal integration and scale advantage

26:10-31:35 GenAI sea change

31:35-32:19 Outro

Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.

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a16z Live

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

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Transformation of Global Payments Business

Embracing Change and Discomfort

Integrating Bets and Customer Feedback

AI Revolutionizing Financial Services

Remember Everything You Learn from Podcasts