Dan Schulman Quotes

Dan Schulman

Profession : Businessman

Birth : January 19, 1958

There's always some potential vulnerabilities in any system.

Dan Schulman

I am a huge mixed martial arts practitioner.

Dan Schulman

We're trying to democratise financial services, to ensure that management and movement of money is a right for all citizens, not the privilege of the affluent.

Dan Schulman

When we were associated with eBay, it was surprising to me how many merchants were very reluctant to work with PayPal because we were accessing their data and their information, and they felt in some way, shape, or form they were competing with eBay.

Dan Schulman

It's been with us for a millennium, and we'll still be carrying around cash for a long time to come. There'll just be less of it.

Dan Schulman

It's so hard to predict the political environment. I think that business can't sit on the sidelines and just watch. I think we need to be a force for the values that we believe in. We need to partner with government and regulators.

Dan Schulman

A lot of people say that I'm an activist CEO. I just think I'm a responsible leader of a business.

Dan Schulman

We cannot just rely on the public sector or the private sector. We all need to work together.

Dan Schulman

On average, an underserved consumer spends 10% of their disposable income on unnecessary fees and interest rates.

Dan Schulman

What we want to do to monetize Venmo is to add more and more capabilities. Anywhere you see a PayPal merchant, you can click on that button and actually use your Venmo account to check out at that merchant. Then we'll monetize that transaction exactly the same way we monetize a PayPal transaction.

Dan Schulman

I think that the world is going to remain a very interconnected place. I don't think there's any getting away from that. The Internet has brought us closer together. I think cross-border trade is going to continue to grow substantially. I think there may be certain trade agreements that can be renegotiated, one way or another.

Dan Schulman

My team and I tried cashing checks at check-cashing places and paying bills by money order. It's incredibly inconvenient and time-consuming - it's practically a part-time job just to manage and move your money.

Dan Schulman

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

In addition to my job at American Express, I'm also chairman of the board of Symantec, one of the leading players in anti-virus and cyber-crime prevention software, so I know firsthand just how sophisticated many of these attacks can be.

Dan Schulman

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

Physical money, whether it's checks or cash or credit card, are digitizing in front of us.

Dan Schulman

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

Digital payments have already made it easier to move and manage money. While there's more work to do, the potential is real and understood.

Dan Schulman

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

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