/Tech3h ago

PayPal is shutting down its 10-year-old venture capital arm as part of a broader corporate restructuring

Sheel Mohnot warns of high corporate VC partner turnover

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Sheel Mohnot@pitdesi#1225inTech

PayPal is shutting down its ventures arm.

They’ve had a lot of great folks there through the years, but this is the right move IMO

Also: always beware when you take money from a strategic that it’s highly unlikely that the person who invested will be there in a few years.

Ben Weiss@bdanweiss

scoop: PayPal is shuttering its venture team amid a broader corporate shakeup at the legacy fintech

2:37 PM · Jun 16, 2026 · 18.4K Views

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Vaporware Ventures@vaporwarevc

@pitdesi jeremy is doing quite well with infinity but they have really always had amazing people over there

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David Woodlock@Wood_loque

@pitdesi Enrique kept HP tech ventures going through his whole tenure as CEO. I wonder what about PayPal’s situation is driving the change of perspective on corporate VC

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