Building a $30 billion "skyscraper": David Vélez, Nubank

<p>When he was 12, <b>David Vélez </b>made his first investment: a cow. Bought with birthday money and savings from summer jobs, that one cow eventually became six, which were then sold and turned into his college tuition at <b>Stanford</b>.</p><p>After graduating, David spent a few years working at investment banking and private equity before he joined <b>Sequoia Capital</b>. As Partner, he was responsible for all Latin American investments, leading him to move to Brazil in 2011. But shortly after that, Sequoia decided to pull back: the tech space was just not developed enough.</p><p>David saw that as an opportunity. This time, as an entrepreneur. <b>Nubank</b> is a pioneer in digital banking, even though it doesn&apos;t see itself as a bank. Rather, it&apos;s a tech company that happens to be in financial services. Now valued at 30 billion dollars, Nubank is one of the fastest-growing fintechs in the world, with operations in Brazil, Mexico, Argentina and Colombia.</p><p>David is a father of three, a marathon runner, and him and his wife Mariel recently signed the <b>Giving Pledge</b>, committing to donate the majority of their wealth to philanthropy.</p><p>In this episode, he shares:</p><ul><li>How he manages his time as cofounder and CEO</li><li>The most culture-defining moments at Nubank</li><li>How to balance speed, growth and quality in the long term</li><li>And some of the curve balls that could&apos;ve changed this entire story.</li></ul><p>Bulding something new? Apply for the Latitud Fellowship at <a href='http://apply.latitud.com/'>apply.latitud.com</a></p>