Big Risks and Big Rewards: René Paula, GC & SVP of Legal & Business Affairs, Vaxxinity
In this episode
Transcript
Introduction: 00:15
- Introducing René Paula, GC & SVP of Legal & Business Affairs, Vaxxinity.
- Nearing the end of a difficult year in world events.
Recounting the experiences that shaped you as a leader: 2:14
- Working as a CPA before attending law school.
- Experiencing different sides of the legal world at Cravath, Swaine, & Moore.
- Learning the different responsibilities for young, mid-level, and senior lawyers.
Entering the world of financial services at HSBC: 4:18
- Joining the bank right as they were pulling out of the United States.
- Becoming the principal transactions lawyer for selling off credit card business, private equity group, and hundreds of bank branches.
- Enduring a mentally difficult role as a corporation downsizes.
Moving into tech at Amazon’s Audible: 6:13
- Converting an early transaction for Audible into Amazon’s first legal role outside of Seattle.
- Preparing a new team for growth in multiple countries and multiple languages.
- Making content deals with publishers and labor deals with unions.
- Advancing at the forefront of digital marketing and dealing with related antitrust issues.
- Developing the early voice and text technology that has become the heart of AI.
Transitioning from in-house lawyer to founder at Sonar: 11:01
- Drawing from experience as a parent to develop a new take on the baby monitor.
- The difficult requirements and massive capital needed to enter the hardware business.
- Selling your business with a focus on patents.
- Finding an expert to take on the challenges of IP law.
- Understanding transactions from the owner and founder side of the table.
Spearheading Zx Ventures at Anheuser Busch: 16:39
- Making programmatic investments for a massive multinational corporation.
- Developing a model for incentivizing individual employees instead.
- Becoming a case study for success at Harvard Business School.
Expanding beyond legal and chasing big enterprise at Bionic: 19:49
- Drawing from experiences at Deloitte and Cravath to work in board rooms alongside C-suite.
- Selling strategy to massive organizations as a consultant.
- The importance of being comfortable in multiple languages.
- Recognizing when the numbers don’t work.
Selling your professional services business to Accenture: 22:43
- The difficulty of growing a professional services business.
- Maintaining relationships and reassuring clients during a sale.
Returning to legal and operations at Vaxxinity: 25:29
- Joining a young company when they’re about to go public.
- Drafting an IPO prospectus at lightning speed.
Positioning yourself as an operator from the General Counsel role: 32:24
- Being the type of person that speaks up above and beyond your remit.
- Wearing two hats without receiving more salary.
- Asking real questions to challenge your finance team.
Mistakes you’ve made and seen others make: 38:10
- Understanding the numbers before you take on risks.
Book recommendations: 41:39
- Cultish by Amanda Montell.