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David Velez
Founder, Chief Executive Officer and Chairman, Nu Holdings Ltd. (Nubank)

Como foram escolhidos os primeiros sócios do Nubank

📅 Aug 12, 2026 InvestNews BR and Nubank 9 MIN 237011 VIEWS 6 SEGMENTS · 2 SPEAKERS
Para David Vélez, inovar só é possível quando a equipe é formada por pessoas com visões diferentes. Foi seguindo essa lógica que o fundador e CEO Global do Nubank montou o time inicial da empresa — e essa história que ele conta no terceiro episódio de Day01. Day01 é uma série do InvestNews em parceria com o Nubank. Em seis episódios, David fala sobre as decisões que nortearam a construção do maior banco digital da América Latina. Assista também aos episódios anteriores:    • A ideia por trás do Nubank      • Como o Nubank saiu do papel   - Este é um conteúdo de responsabilidade exclusiva d...

What David Velez said

Written from the verified transcript and checked against it. Every figure links to the moment it was said.

David Velez, founder and CEO of Nubank, explained how he chose the first partners for the digital bank. He recalled that Sequoia partner Roelof warned him that, lacking Brazilian banking, credit card, and programming experience, his main responsibility would be building a team. Velez identified two initial gaps: deep knowledge of the Brazilian banking market and strong technology expertise. He described a 'speed dating' process, meeting about 100 candidates per profile, and how Cristina (Cris) and Ed each committed within 48 hours. He recounted a technology candidate demanding R$ 1 million salary, which he refused, offering shares instead, framing this as a test to find 'missionaries' over 'mercenaries'. Velez noted he took no salary for two years, while Cris and Ed initially earned R$ 2,000 per month. He emphasized building diverse, collaborative teams with cognitive diversity, contrasting Nubank's approach with traditional banks' homogeneity.

Key takeaways

  1. Velez's first two hires filled gaps in Brazilian banking knowledge and technology expertise, each committing within 48 hours.
  2. Velez refused a candidate's R$ 1 million salary demand, offering Nubank shares instead, as a test to find 'missionaries' over 'mercenaries'.
  3. Velez took no salary for two years; Cris and Ed initially earned R$ 2,000 per month.
  4. Velez met about 100 candidates per profile in a 'speed dating' process to find partners.

Numbers and commitments

FigureWhat it refers toTypeAt
100 candidates per profile in initial partner search metric 0:00
48 hours time for Cris and Ed to commit to joining timeline 3:13
R$ 1 million annual salary demanded by a technology candidate price 4:34
2 years duration Velez took no salary timeline 4:34
R$ 2,000 monthly salary paid to Cris and Ed initially price 4:34

Chapters

  1. 0:00Sequoia's advice on building the team
  2. 0:44Identifying initial gaps in the team
  3. 3:13Speed dating process for partners
  4. 4:34Test of belief: salary vs shares
  5. 6:21Diversity and collaboration at Nubank
David Velez 0:00 ↗
You can sell the idea and explain it well, you can be a great leader, but one of your biggest responsibilities will be to build the team. I had many coffees, and I had a list of about 100 candidates for each profile.

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Cite this transcript

APA, MLA, BibTeX
APA

Velez, D. (2026, August 12). Como foram escolhidos os primeiros sócios do Nubank [Interview transcript]. InvestNews BR and Nubank. CEOInterviews.AI. https://ceointerviews.ai/interview/1217158/

MLA

David Velez. "Como foram escolhidos os primeiros sócios do Nubank." InvestNews BR and Nubank, 12 Aug. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/1217158/.

BibTeX
@misc{velez2026_1217158,
  author       = {David Velez},
  title        = {Como foram escolhidos os primeiros sócios do Nubank},
  howpublished = {Interview transcript, InvestNews BR and Nubank. CEOInterviews.AI},
  year         = {2026},
  month        = {aug},
  url          = {https://ceointerviews.ai/interview/1217158/},
  note         = {Speaker-attributed transcript with timestamps}
}