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Why Brazil’s Nubank Founder David Vélez Plans to Give Away Billions

Why Brazil’s Nubank Founder David Vélez Plans to Give Away Billions

Deep Purpose · Harvard Business School Prof. Ranjay Gulati

December 5, 202241m 20s

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Show Notes

David Vélez is a founder of the world’s biggest digital bank: Nubank in Brazil. Vélez tells Professor Ranjay Gulati that he started his remarkable business career as a boy – and with an unusual investment. Vélez describes how having a deep purpose helped his team defy the critics and build Nubank from scratch. Nubank’s core mission led it to outperform the competition. And deep purpose is prompting Vélez, a multi-billionaire, to give away his wealth in his lifetime.