PROJECTS1

Michael Vaughan

Executive in Residence (EIR)

FinTech

“Coming from a long run of operator roles, I am excited that in this new role, I’ll have the chance to spend time with teams who are working on really hard problems. That’s something I will never get tired of.”

Michael Vaughan serves as an Executive in Residence to Oak HC/FT and joined the firm in 2019. Michael, former COO at Venmo, will focus on developing and advising new fintech businesses through a combination of building from scratch and investing in early- and growth-stage companies.

 

As one of Venmo’s earliest employees, Michael led the company from its Series A funding round in 2011 through two strategic acquisitions to PayPal’s recent announcement that Venmo reached 40 million active users in Q1 2019 with a $300 million annual revenue run rate and is on pace to process $100 billion in payments in 2019. Prior to Venmo, Michael played a pivotal role in growing innovative companies in the wireless space, financial services industry and event ticketing market.

 

He earned his undergraduate degree from The Wharton School at the University of Pennsylvania.

Lightning Round with MICHAEL

  • Dream Vacation?

    Anywhere with my family and good food. The rest is negotiable.

  • What was your first job?

    Hauling lumber in the rolling hillsides of Pennsylvania

  • Favorite board game?

    The Uncle Wiggily Game

  • If you had one superpower, what would it be?

    Teleportation

  • The first thing you do every morning?

    Wake up our two golden retrievers, feed them and then let them outside to romp

Investing in the Future of Healthcare and FinTech