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PenFed Credit Union President CEO James Schenck with Carmen Belén Veiga High School students

Michelle Kantrow April 14, 2025
PenFed Credit Union President and CEO James Schenck with Carmen Belén Veiga High School students.

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QUOTE OF THE WEEK:

“A startup in Silicon Valley has two founders — a chief technology officer, the technical one, and a CEO, the businessperson. They’re very specific, very niche-focused. One can’t do what the other one does, and that’s why they’re together.

 

 

Here [in Puerto Rico], instead of having two founders, you have CEOs who are extremely good technically and who will develop the software, prepare the platform for deployment, design the go-to-market strategy, and will sell it, too. They know the technical part and the operational part. You don’t see that to that extent on the mainland. It’s very rare.”

– Héctor Jirau, executive director, Parallel18

 

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