Rubicon Technologies announced the nomination of Jack Selby, Managing Director at Thiel Capital and former Senior Vice President and Corporate Officer at PayPal, to its Board of Directors upon the closing of the Company’s previously announced business combination with Founder SPAC. Selby currently serves as Managing Director at Thiel Capital, the family office of Peter Thiel. He co-founded Clarium Capital Management after selling PayPal to eBay in October 2002 for $1.5 billion. Mr. Selby was one of PayPal’s earliest employees, and later served as Senior Vice President, overseeing the company’s international and corporate operations. Selby is an active technology investor and advisor and has helped take many notable companies to the public markets. He was an early investor in Affirm, Bird, Myeloid Therapeutics, and SpaceX, and facilitated several investments in Palantir over the company’s lifespan. Mr. Selby was also a member of the advisory boards of Blend and Offerpad.
“We are thrilled to announce that Jack Selby is nominated for election to the post-combination Rubicon Board,” said Nate Morris, Chairman and CEO of Rubicon. “Jack brings with him more than 20 years’ experience, having helped establish and grow some of the most transformational companies in the world today. He will provide invaluable guidance around corporate governance, finance, and technology strategy, as well as an extensive knowledge of how digital transformation is reimagining industries around the world.”
In addition to his responsibilities at Thiel Capital, Mr. Selby is currently a member of the Board of Directors of the Arizona Commerce Authority; a co-host/founder of the Arizona Technology Innovation Summit with Governor Doug Ducey; Chairman of invisionAZ; and co-founder and member of the Board of Directors for the Wyoming Global Technology Partnership with Governor Mark Gordon. He is also active in film production, having served as a producer and executive producer on a dozen feature films since 2011.
“I am thrilled to be nominated to join Rubicon’s Board of Directors,” said Selby. “Rubicon is the world’s leading digital marketplace for waste and recycling, and I look forward to supporting the Company as it continues to drive environmental innovation in the years to come.”
“Jack is a fantastic nomination to Rubicon’s Board of Directors,” said Osman Ahmed, CEO of Founder SPAC. “His deep experience in both finance and technology will bring tremendous value to Rubicon in its life as a public company and help guide our long-term strategy as the leading digital marketplace in waste and recycling. We are thrilled that Jack is nominated to join us and look forward to benefiting from his knowledge and expertise.”