Shows
Get the CheckBrex acquired for $5.15B, Trump wants Greenland, new AI lab Humans& raises $480MThis week the pod kicks off with Anika's unexpected internet fame after a photo of her and her ex's ex went viral with 11M views. If that sounds really random it’s because it was. Tune in to hear the full story and follow us on X @getthecheckpod. If you just want to see the tweet you can go to @anikamirzaa…Then they dive into Capital One's $5.15B acquisition of Brex, which is down over 50% from its peak valuation. Maya, Anika, and Priya break down the Brex vs. Ramp rivalry and how Ramp caught up despite a two...
2026-01-2849 min
Strategy SimplifiedS22E5: Why Capital One Bought Brex at a $7B DiscountSend us a textBrex was once valued at $12.3B. Capital One just bought it for $5.15B.In today’s episode of Market Outsiders, Jenny Rae and Namaan break down why Capital One was willing to buy Brex at a $7B discount – and what the deal actually tells us about fintech valuations, banking strategy, and the future of credit cards.We unpack:Why the 50% cash / 50% stock structure reveals who really had leverageWhat Capital One is actually buyingWhether this is a smart buy vs. build move or a risky integration betThe bigg...
2026-01-2639 min
Market OutsidersWhy Capital One Bought Brex at a $7B DiscountBrex was once valued at $12.3B. Capital One just bought it for $5.15B.In today’s episode of Market Outsiders, Jenny Rae and Namaan break down why Capital One was willing to buy Brex at a $7B discount – and what the deal actually tells us about fintech valuations, banking strategy, and the future of credit cards.We unpack:Why the 50% cash / 50% stock structure reveals who really had leverageWhat Capital One is actually buyingWhether this is a smart buy vs. build move or a risky integration betThe bigger question: Is this how banks futu...
2026-01-2640 min
矽谷輕鬆談 Just Kidding TechS2E42 前公司 Brex 被 50 億美金收購！我財富自由了嗎？成為這個頻道的會員並獲得福利：https://www.youtube.com/channel/UCJIPFjZSCWR15_jxBaK2fQQ/join前幾天看到新聞，我的前東家、曾經是矽谷最耀眼的 FinTech 獨角獸 Brex，正式被 Capital One 以 51.5 億美金收購。這個消息對我來說心情特別複雜，不只是因為這代表著一個時代的結束，更因為我曾身在其中，見證過它的瘋狂與轉折。你很難想像，這家公司的起點，是兩位來自巴西的 20 歲少年。他們 16 歲就靠賣掉支付公司財富自由，為了進入矽谷核心圈申請上 Stanford，最後卻因為「身價千萬卻辦不到一張美國信用卡」的荒謬痛點，決定輟學創辦 Brex，發誓要顛覆傳統銀行。九年過去了，這場金融革命的結局不是上市敲鐘，而是估值腰斬，賣給了它原本最想取代的對手。這集影片不只是商業新聞的分析，我整理了 Brex 創辦人的傳奇發跡史、它與競爭對手 Ramp 之間的「哲學之戰」：當「鼓勵花錢」遇上「幫你省錢」，為何在升息循環下命運截然不同？更重要的是，我想用「前員工」的內部視角，公開我當時的 Offer 與最終的 RSU 回報，直接算給你看：在獨角獸公司打工，還要經歷併購的層層資金分配後，到底是財富自由的捷徑，還是一場華麗的賭注？這是一個關於天才、野心、時運，以及矽谷打工人真實回報的故事。本集精彩亮點： 🇧🇷 巴西天才少年的狂想： 16 歲財富自由、20 歲史丹佛輟學，從 Twitter 筆戰網友變身矽谷創業神童的傳奇 💳 一張信用卡的革命： 為什麼「看你有多少現金給額度」這麼簡單的點子，能讓估值一度衝破 120 億美金？ ⚔️ Ramp vs. Brex 雙城記： 當「享樂主義」遇上「省錢管家」，為何一場舊金山咖啡廳的收購案，預示了兩家公司截然不同的命運？ 🏦 銀行巨頭的盤算： 為什麼 Capital One 願意花 50 億美金買一家估值腰斬的公司？除了軟體，他們還買到了什麼？ 💰 RSU 真實回報大公開： 最後實領多少？帶你拆解收購案背後的資金分配瀑布💭 矽谷打工人的反思：我會後悔當初的選擇嗎？關於風險、報酬與職涯選擇的真心話🔗 《矽谷輕鬆談》傳送門 👉 https://linktr.ee/jktech(00:00) 開頭(01:13) Brex 被併購，打亂了我的計劃(03:09) 50 億美金！為什麼 Capital One 要買？(04:10) Brex 創業故事：16 歲財富自由的巴西少年(06:26) YC 秘辛：原本竟然是要做 VR？(07:28) 價值連城的 Pivot：從 VR 到 Fintech(08:45) 內部視角：那個美好的大撒幣時代(11:27) 為什麼 Pedro 是我遇過最好的 CEO？(13:09) Brex vs Ramp：花錢與省錢的哲學差異(16:20) 收購案的錢怎麼分？(18:25) 公開薪水與最終回報(20:45) 職涯反思：我會後悔加入新創嗎？
2026-01-2523 min
Latent Space: The AI Engineer PodcastBrex’s AI Hail Mary — With CTO James ReggioFrom building internal AI labs to becoming CTO of Brex, James Reggio has helped lead one of the most disciplined AI transformations inside a real financial institution where compliance, auditability, and customer trust actually matter.We sat down with Reggio to unpack Brex’s three-pillar AI strategy (corporate, operational, and product AI) [https://www.brex.com/journal/brex-ai-native-operations], how SOP-driven agents beat overengineered RL in ops, why Brex lets employees “build their own AI stack” instead of picking winners [https://www.conductorone.com/customers/brex/], and how a small, founder-heavy AI team is shipping production agents to 40,000+ compan...
2026-01-171h 13
The Engineering Leadership PodcastBrex 3.0: An 18-Month Operational Evolution & the Brex Hacker House “AI Startup within a Startup" experiment w/ James Reggio #236James Reggio (CTO @ Brex) shares the story of "Brex 3.0", an 18-month journey behind their operational evolution. We explore how they rewound their org from a Series E to a Series C mindset, and replaced siloed OKRs with seasonal "marquee initiatives." James deconstructs the “Brex Hacker House”, an AI-focused startup within a startup experiment aimed to disrupt their core business. This conversation is all about evolving operational rhythms, layers of management, product building, and culture change! ABOUT JAMES REGGIOJames Reggio is Brex’s Chief Technology Officer. James is a forward thinking technology leader who cur...
2025-11-1245 min
"Tech Finance" with Sasha Orloff: B2B Fintech | AI | Finance TechE57: Lessons from Brex, SVB, a16z: How Jason Mok Spots What Founders Need Before They Know ItIn this episode, Sasha Orloff sits down with Jason Mok, VP & GM of Startups at Brex, about the company's evolution from credit cards to a comprehensive financial platform and their new partnership with Puzzle to offer "one-click accounting" that automatically sets up bookkeeping for startups during Brex onboarding, eliminating the friction that typically delays founders from getting proper financial infrastructure in place from day one.
--
SPONSORS:
Notion
Boost your startup with Notion—the ultimate connected workspace trusted by thousands worldwide! From engineering specs to onboarding and fundraising, No...
2025-09-2556 min
CFO THOUGHT LEADER1128: Capital Discipline in a Usage-Based World | Ben Gammell, President & CFO, BrexIn 2018, Brex made a defining decision: rather than rely on middleware providers like Stripe or Marqeta, it built its own payments infrastructure from the ground up. That move, Ben Gammell tells us, gave the company a direct integration with MasterCard and the ability to issue corporate cards in “over 50 plus local currencies.” The choice, he explains, was born of necessity at the time but has since become a structural advantage, offering customers greater control and global reach.That same principle of intentional investment extends to Brex’s software strategy. The company designs its expense management platform to meet t...
2025-09-2146 min
SourceryHow Brex Hit $100B+ in TPV | M&A & Road to IPOArt Levy, Chief Business Officer at Brex, the $12.3 billion modern finance behemoth, breaks down why we’re seeing a Golden Age of M&A, with mega-acquisitions, reverse acqui-hires, and aggressive consolidation across the AI landscape. From Meta’s $14B 49% stake in Scale AI, to Google’s $32B Wiz deal, & Stripe’s aggressive crypto rail strategy, Art offers a sharp view into the strategies behind the biggest moves in tech & finance.We go deep on:• The rise of “tuck-in” M&A (Scale AI) + strategic AI consolidation• Best & worst practices for M&A• Brex’s...
2025-07-101h 35
Feed CompletoConhecendo Pedro Franceschi (PagarMe/ Brex) Pedro Franceschi: A Origem de um Prodígio Digital: Nascido em São Paulo, Pedro demonstrou genialidade precoce para a programação, tornando-se a primeira pessoa a desbloquear um iPhone 3G aos 12 anos e fazendo a assistente Siri falar português antes do lançamento oficial da Apple. Da Pagar.me a Stanford e o "Pivô" na Y Combinator: Após co-fundar e vender a bem-sucedida fintech Pagar.me no Brasil (sua grande "escola"), Pedro ingressou em Stanford, mas abandonou a universidade para entrar na aceleradora Y Combinator, onde rapidamente pivotou de uma ideia de realidade virtual para a Brex. A Dor Pe...
2025-06-1510 min
Feed CompletoA História da Brex Brex: A Origem dos Prodígios Brasileiros Henrique Dubugras e Pedro Franceschi: A jornada começou com os jovens programadores brasileiros Henrique Dubugras e Pedro Franceschi, que, após o sucesso de sua primeira fintech no Brasil, a Pagar.me (vendida em 2016), foram para a Universidade de Stanford. Nascimento da Brex na Y Combinator a Partir de um "Pivô": Após abandonarem Stanford, entraram na aceleradora Y Combinator com uma ideia de realidade virtual, mas rapidamente "pivotaram" para a Brex, focando no problema que conheciam profundamente: a dificuldade de startups obterem serviços financeiros. A Solução Inovadora: Cartão de Crédit...
2025-06-0910 min
Change Order PodcastBuilding Brex: Arthur Levy on Networking, Grit, and the Power of Showing UpIn this episode of Change Order, Jason Shuman (General Partner at Primary) sits down with Arthur Levy (Chief Business Officer at Brex) to hear his extraordinary journey, from his venture capital roots to becoming an indispensable operator at Brex.Arthur shares the pivotal decisions that shaped his path, reveals how to form strategic partnerships, and unpacks the significance of grit and personal connections in the business world.Learn Arthur’s playbook for networking with authenticity and how he made the successful transition from investor to operator....
2025-06-0244 min
Controllers ClassifiedWeathering tariff risks: Richie Mashiko’s framework for lean, resilient CPG brandsHost Erik Zhou, CAO at Brex, sits down with Richie Mashiko, Fractional CFO, to unpack the financial complexities of running high-growth e-commerce and CPG brands. From measuring the right things to navigating ad spend, pricing strategies, and fragile supply chains amidst tariffs, Richie offers a unique operator’s perspective on what it takes to drive sustainable growth in today’s market.Key quotes“There are 4 things I look at in an e-commerce business: cost of goods, operating expenses, advertising spend, and profit” “A lot of e-commerce businesses are dependent on the performance and efficiency of ads on Meta, Go...
2025-05-2038 min
This Week in Fintech's Podcast🎧Brex CBO Art Levy: The Partnerships Playbook, How Brex Went Founder Mode, and Why You Always 'Get on the Plane'In today's episode, Ryan Zauk is joined by Art Levy, Chief Business Officer at Brex.Brex is the modern finance platform that empowers growing companies to spend smarter and move faster in 120+ countries. Brex combines global corporate cards, expense management, banking, and travel. Their platform is trusted by 30k+ companies including ServiceTitan, DoorDash, ScaleAI, and Wiz.In this episode, Art & Ryan discuss:2:23 - The exact decision making framework he uses (and we all probably should) to assess career opportunities in tech, including the "Five F**k Ups Rule"4:50 - The 3 things...
2025-04-2345 minControllers ClassifiedMastering e-commerce accounting with Scentbird’s Amber PappHost Erik Zhou sits down with Amber Papp, VP of Finance at Scentbird, to explore the unique challenges of accounting in the e-commerce space. From managing a massive inventory of over 700 fragrances to navigating rapid growth and making smart automation decisions, Amber shares firsthand insights on what it takes to keep financial operations running smoothly at a high-growth, subscription-based company.Amber and Erik also dig into relevant themes like the role of AI in accounting, balancing efficiency with cost when evaluating new financial tools and systems, and the never-ending pursuit of data integrity.And as...
2025-03-2544 minControllers ClassifiedFrom accounting to operations, how Brad Silicani became COO of AnrokOn this episode of Controllers Classified, host Erik Zhou sits down with Brad Silicani, COO of Anrok, to talk about his journey from Big Four accounting to leading operations at a fast-growing tech company. The discussion begins by covering Brad’s transition from audit to client side, and highlights the myriad of roles he held at Dropbox. In his time there he was Controller, tasked with landing a sound revenue recognition method, Head of Tax, focused on developing the right international tax structure prior to IPO, and Treasurer, responsible for managing $2B in cash in a changing int...
2025-02-2636 minControllers ClassifiedEmbedding tax strategies into company plans with PWC’s Michael WilliamsIn this episode of Controllers Classified, Erik Zhou sits down with Michael Williams, a Tax Partner at PwC, to unpack both his career path to Partnership and his firm’s POV on corporate tax strategies in 2025 and beyond. Michael begins by sharing key milestones in his time at PWC, noting how his perspective, role, and scope shifted as he worked towards becoming a Partner at the firm. He underscores the importance of real value creation for clients and notes that if you’re in the business of service and advice, it has to be quality and actionable. H...
2025-02-1142 minControllers ClassifiedThe role of accounting in a company's exit strategy with Clari's Karen WuIn this episode of Controllers Classified, Erik Zhou sits down with Karen Wu, the Chief Accounting Officer at Clari, to discuss the role of accounting in a company’s exit strategy. The conversation starts with an overview of Karen’s time in Transaction Services at PWC, where she helped a myriad of companies prepare for IPO - including Alibaba, the largest IPO in US history. Drawing on those experiences, Karen covers the reasons why a company may look for an exit, the types of exit strategies, and the role of the accounting team in those strategies. Specifically, Karen...
2025-01-2840 minControllers ClassifiedBuilding the finance function from the ground up with Bloomerang’s Jeff ArensmanIn this episode of Controllers Classified, host Erik Zhou sits down with Jeff Arensman, Controller at Bloomerang, to cover two important topics: building a finance function from scratch and the role of finance in acquisitions. For Jeff, the two are inextricably linked at Bloomerang. As the first finance hire at the company, his first task was supporting an acquisition that needed to close in just three weeks. He then quickly turned to building a strong foundation for the accounting and finance practice at the company through new processes, tools, and technology. Jeff covers how he spent his t...
2025-01-1440 min
The Product PodcastBrex President & CPO on embedding Product team into sales process to accelerate revenue growth | Karandeep Anand | E251In this episode, Carlos Gonzalez de Villaumbrosia interviews Karandeep Anand, President and Chief Product Officer at Brex, one of the fastest-growing fintech companies in the world.Founded in 2017, Brex quickly became the go-to financial services partner for most Silicon Valley startups, with 80% of Y Combinator startups using their platform. This rapid growth led to over $1.2 billion in funding and a $12.3 billion valuation. Brex now serves a wide range of companies, from startups to large enterprises, including over 150 public companies with a combined estimated market cap exceeding $2.9 trillion.Karandeep's impressive career includes 6.5 years at Meta, where...
2025-01-0840 minControllers ClassifiedAccounting in growth stage companies with Sourcegraph's Desene SterlingWhen you think about accounting at growth stage companies, the word "artistry" might not immediately come to mind, but Desene Sterling makes a compelling case for it in this episode of Controllers Classified. As the Controller at Sourcegraph, Desene describes how crafting processes, like implementing procurement workflows or streamlining month-end close, feels like painting a masterpiece—except her medium is reconciliations and financial statements.This episode takes a deep dive into what it takes to build an accounting function from scratch in a growth stage startup. Desene recounts the feeling of being the first in-house accounting hire, na...
2024-12-1738 min
Fintech Underground by AlpacaHow Brex Built and Scaled Their Accounting and Financial Operations #028In episode #28 of Fintech Underground, our CEO Yoshi speaks with Erik Zhou, Chief Accounting Officer and SVP of Finance and Accounting at Brex about the following topics:
1:00 - How Erik transitioned from auditing at PwC to the world of startups, including implementing new processes and overcoming challenges.
4:00 - Building an internal account team compared to the process of being an auditor.
9:00 - How internal accounting and financial processes scaled during Brex’s growth from 70 to 1,200 employees.
22:00 - Why Brex built a broker-dealer entity within their business.
37:00 - How Brex is...
2024-12-1057 minControllers ClassifiedDriving accounting process efficiencies with FinQuery's Jake JonesIn this episode of Controllers Classified, host Erik Zhou, CAO at Brex, dives into the world of accounting and automation with Jake Jones, Controller at FinQuery. Jake shares his journey from a decade at Cherry Bekaert to his current role, detailing the transition from audit to client side and his 30, 60, 90 day ramp up plan at FinQuery. He also shares some background on his company, including their approach to their recent fundraising efforts and the accounting team’s role in that. The discussion then turns to achieving efficiencies in the accounting process. Jake shares how he got their acc...
2024-12-1044 minControllers ClassifiedMastering change management with Invoca’s Jessica PengIn this episode of Controllers Classified, host Erik Zhou welcomes Jessica Peng, Controller at Invoca, to delve into mastering change management. Jessica got her start in a Big 4 helping companies build the right controls as a part of SOX readiness. This experience being audit side shaped her approach to controllership in many ways, including her willingness to push back on her auditor partners now when they have asks that place undue burden on her team and her desire to always balance efficiency and effectiveness in her controls. Jessica briefly touches on her team structure and priorities, and t...
2024-11-1246 minControllers ClassifiedWhat's going on at Super Micro Computer?In this special bonus episode of Controllers Classified, host Eric Zhou, Chief Accounting Officer at Brex, is joined by Kevin Moore, Brex's Controller, to discuss the recent resignation of Ernst & Young as the auditor for Super Micro Computer. The conversation delves into the nuances surrounding auditor transitions and explores potential reasons behind such decisions, touching on factors like corporate governance, risk management, and regulatory scrutiny. The episode also highlights the challenges that will be faced by both the internal accounting team at Super Micro and the audit team at EY as a result of the shift. Links
2024-11-0811 minControllers ClassifiedPublic company accounting processes with 8x8’s Eric Van CleveIn this episode of Controllers Classified, we explore the role of accounting in scaling businesses as well as public company accounting processes with Eric Van Cleve, Controller at 8x8. The episode begins with a recap of Eric’s career in accounting, detailing his discovery of accounting in college and how he worked his way up the ladder once he landed client side out of college. He notes that he found the most success when he focused on being interested, proactive, curious and capable. The episode then turns to a discussion on how to think about directing accounting ope...
2024-10-2940 minControllers ClassifiedAccounting and finance career paths with CFO Leadership Council’s Jack McCulloughWe’re thrilled to be joined by Jack McCullough, President of the CFO Leadership Council, for this episode of Controllers Classified. The discussion begins with a recap of Jack’s inspiring journey from being a rookie CFO in need of peer support to creating a thriving network & community of 2000+ CFOs across 33 chapters in North America.The episode takes a deep dive into how accounting and finance professionals can think about growth and development. It starts first with a look at the evolving role of CFOs, and the rise of the CAO role to help with the more tech...
2024-10-1546 minControllers ClassifiedAccounting in regulated industriesIn the season two premiere of Controllers Classified, host Erik Zhou welcomes Matt Didden, Controller at NexHealth. The conversation begins with a recount of how Matt landed in accounting after graduating in the 2007-2008 financial crisis and realizing that the world would always need accountants. It then highlights his transition from consulting/audit to client side, and the broadening of his scope from pure financial reporting to handling a myriad of complex business challenges. The episode then turns to its primary focus: accounting considerations in highly regulated industries. Matt points to specific examples - like the anonymization o...
2024-10-0144 min
No Priors: Artificial Intelligence | Technology | StartupsInnovating Spend Management through AI with Pedro Franceschi from BrexHunting down receipts and manually filling out invoices kills productivity. This week on No Priors, Sarah Guo and Elad Gil sit down with Pedro Franceschi, co-founder and CEO of Brex. Pedro discusses how Brex is harnessing AI to optimize spend management and automate tedious accounting and compliance tasks for teams. The conversation covers the reliability challenges in AI today, Pedro’s insights on the future of fintech in an AI-driven world, and the major transitions Brex has navigated in recent years.Sign up for new podcasts every week. Email feedback to show@no-priors.com
2024-08-0833 min
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch20VC: Brex CEO Pedro Franceschi on What Brex Needs to do to be a Public Company | Brex vs Ramp: Who Wins and How Does it Play Out | Battling Founder Mental Health and The Importance of Secondaries for Founders Pedro Franceschi is the Co-Founder and CEO @ Brex, the AI-powered spend platform with tens of thousands of customers, including DoorDash, Coinbase, Robinhood and Roblox. Pedro has raised over $1.2BN for the company from the likes of Greenoaks, Ribbit, DST, Bond and YC. The latest reported valuation was $12.3BN. Before Brex, Pedro was the first person to “jailbreak” the iPhone 3G in Brazil and co-founded payments company Pagar.me with Dubugras when he was 15. In three years, Pedro scaled it to over 100 people and US$1.5 billion in transactions processed. In Today's Episode with Pedro Fran...
2024-07-1750 min
Tearsheet Podcast: Exploring Financial Services TogetherBrex CFO on spend tech, IPO & cross-functional ties in building modern finance stackToday, we're diving into the modern CFO stack, including corporate spend management and financial tech with our guest - Ben Gammell, the CFO of Brex.
Brex has been shaking up how companies large and small approach spending, providing an integrated platform for everything from corporate cards to spend analytics. It's been quite a journey for Ben, who started at Brex just as the firm was getting off the ground with 15 employees.
Ben gives us an inside look at Brex's evolution from scrappy startup to serving over 120 public companies today. We'll learn how the CFO role has transformed, expanding well beyond...
2024-06-0727 minTearsheet Podcast: Exploring financial services togetherBrex CFO on spend tech, IPO & cross-functional ties in building modern finance stackToday, we're diving into the modern CFO stack, including corporate spend management and financial tech with our guest - Ben Gammell, the CFO of Brex.
Brex has been shaking up how companies large and small approach spending, providing an integrated platform for everything from corporate cards to spend analytics. It's been quite a journey for Ben, who started at Brex just as the firm was getting off the ground with 15 employees.
Ben gives us an inside look at Brex's evolution from scrappy startup to serving over 120 public companies today. We'll learn how the CFO role has transformed, expanding well beyond...
2024-06-0727 min
Spotnana's Travel Is a Human Emotion PodcastBrex’s Karandeep Anand on the evolution of Brex TravelKarandeep Anand, President and Chief Product Officer of Brex, joins Justin Schuster, VP of Marketing at Spotnana, to discuss Brex’s strategy for adding travel to its product suite, the collaboration between Brex and Spotnana that led to the successful launch of Brex Travel, and the role of travel industry innovation in enhancing user experience for Brex customers.
2024-06-0632 minControllers ClassifiedA VC’s perspective on what financial data matters mostIn the season 1 finale of Controllers Classified, host Erik Zhou is joined by Sarah Hinkfuss from Bain Capital Ventures for an overview of the VC investment landscape and a deep dive into her investment due diligence approach for growth stage companies. The episode begins with Sarah highlighting milestones from her career, including her time conducting water pricing research in the Middle East, her transition into tech, and her pivot from tech into investing. Underlying everything is her passion for empirical based decision making and a belief that complex problems require a multidisciplinary approach. The conversation th...
2024-05-2343 minControllers Classified6sense’s treasurer on managing risk in today’s worldIn this episode of Controllers Classified, host Erik Zhou is joined by Eugene Spevakov, Treasurer and Head of Corporate FP&A at 6sense. The conversation begins by tracing Eugene’s path, highlighting his start in civil engineering and his transition into treasury and corporate finance. The episode then dives deep into the primary responsibilities of a treasury function: cash and risk management (aka, you need to be able to move money from point A to point B safely). Eugene spends time explaining what both mean and best practices associated (tip: prioritize cash preservation, liquidity, then yield). As a par...
2024-04-2345 min
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch20Sales: The Biggest Sales Lessons Scaling Brex to $400M ARR, Why Startups are Doing Outbound Wrong and How to Fix It & Why Demand Gen is the Bottleneck for all Startups and How to Solve it with Sam Blond, Former CRO @ Brex Sam Blond is the former CRO at Brex, where he led the company from near $0-$400M in ARR and a $12.5B valuation. Before Brex, Sam was VP of Sales at Zenefits, where he led the company from $0-$70M ARR in 2 years and a $4.5B valuation. Sam joined Founders Fund as a Partner in 2022 and recently left to focus more on operating. In Today's Episode with Sam Blond We Discuss: 1. Lessons From Scaling Brex to $400M ARR & Zenefits to $70M ARR: What are the secrets...
2024-04-121h 14Controllers ClassifiedAccounting in the sports world with Patrick Lynch of the Boston CelticsOn this episode of Controllers Classified, host Erik Zhou welcomes Patrick Lynch, Senior Vice President and Controller of the Boston Celtics, who shares his journey from ball boy to financial leader for the team. Patrick highlights the milestones of his career, including his transition from an internship to working closely with the CFO, and the significant growth of the Celtics organization. He also imparts wisdom on how to seize career advancement opportunities and offers advice for those aiming to enter the sports industry.The discussion then does a deep dive into the world of accounting and finance...
2024-04-1136 min
Run the NumbersA Crash-course in Global Payments with Brex COO Camilla Matias MoraisIn this episode, CJ discusses the business of global payments and B2B fintech with Camilla Matias Morais, COO of Brex. Camilla came up in the FP&A world and is a stellar guide to Brex’s strategic bets and moats. Also covered is how she balances the COO role of risk management and company strategy while also being in the weeds with customer feedback. If you're looking for an ERP head to NetSuite: https://netsuite.com/metrics and get a one-of-a-kind flexible financing program until April 15th, 2024.SPONSORS:Maxio is the only billing and financial operations pl...
2024-03-281h 00Controllers ClassifiedBuilding high-performing & global finance teams with Fivetran's Katie SlatteryIn this episode of Controllers Classified, host Eric Zhou is joined by Katie Slattery, VP of Accounting and Corporate Controller at Fivetran. The conversation begins with Katie’s start in Ireland at KPMG Dublin as an auditor, and traces her path from auditor to accountant. Fun fact: Katie has been the first controller/accounting hire at several high growth companies! The conversation then pivots to Katie’s current priorities at Fivetran and how she translates company-wide KPIs into team specific goals around reliable data and control efficiencies. Katie also spends some time talking about how to build a hig...
2024-03-1940 minControllers ClassifiedAn in-depth look at IPOs with Deloitte’s Barrett DanielsOn this episode host Erik Zhou welcomes Barrett Daniels, the co-leader of US IPO services at Deloitte. Drawing from his two decades of expertise in guiding companies through the IPO journey, Barrett takes us on a deep exploration of the process – from the pivotal board decision to the exhilarating moment of ringing the bell at the stock exchange. And, he notes that in many ways, the real work actually begins once the IPO is over. Barrett also reviews the current IPO landscape and the evolving motivations behind companies opting to go public. He outlines some of the are...
2024-02-2743 minControllers ClassifiedAn expert’s POV on the future of blockchain in accountingIn this episode, host Eric Zhou welcomes Sean Soper, the Head of Financial Operations and Accounting at Alchemy, to shed light on the disruptive technologies shaping the trajectory of accounting and finance. Alchemy provides the leading blockchain development platform and as such, much of the conversation narrows in on the possible applications of blockchain in accounting. Sean begins the discussion highlighting his experience working across companies that have revolutionized whole industries with new technology. He notes that a large part of his success at these companies has been from remaining curious and developing deep industry knowledge that g...
2024-02-1341 minControllers ClassifiedNetSuite’s Tom Kelly on the tech driven evolution of financeIn this engaging episode, we're joined by Tom Kelly, the Director of Product Marketing at NetSuite. The conversation starts with an overview of Tom’s career and his blending of experiences across finance, technology, and marketing at companies big and small. The theme throughout his experiences has been leading teams through technological leaps in search of greater process efficiency.The conversation then shifts to Tom’s priorities at NetSuite. His role encompasses product marketing, product management, and analyst relations - and all of it pulls from his past experiences as a finance leader and his deep understanding of t...
2024-01-3040 minControllers ClassifiedOpenAI’s controller on how AI can transform accountingOn this episode of Controllers Classified, Brex’s CAO Erik Zhou is joined by Sowmya Ranganathan, OpenAI’s Controller. The conversation begins with a discussion on Sowmya’s career and her diverse experiences as an auditor and as a finance leader at both public and private tech companies, including Square and Rippling prior to OpenAI. Specifically, she highlights some of her insights for accounting during periods of business hypergrowth (i.e. when OpenAI launched ChatGPT) and the increasing need for technical savviness even as a finance professional (ex: Sowmya learned SQL as a way to manage the processing and analys...
2024-01-0944 min
Run the NumbersE1: Brex COO/CFO Michael Tannenbaum on Taking RisksOn the inaugural episode of Run The Numbers, the COO/CFO of Brex, Michael Tannenbaum, joins host CJ Gustafson to talk through a wide-range of finance, business, and personal growth strategies. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/metrics---SPONSORS:NetSuite provides financial software for all your business needs. More than thirty-six thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: http://netsuite.com/metrics and defer payments of a FU...
2024-01-0340 minControllers ClassifiedThe secret to smart spending: strategic procurementOn this episode of Controllers Classified, Brex’s CAO Erik Zhou is joined by Angelina Hendraka, the CAO at Redis. The conversation begins with a recap of Angelina’s diverse experiences across financial services, biotech, and SaaS companies. Angelina notes that while KPIs shift based on business strategy & industry, the transition from one industry to another in her career has felt seamless given finance is the universal language of business. Erik and Angelina also discuss the transition from big 4 accounting firms to controllership, and the evolution of one’s approach with that transition (i.e. from being deep in techni...
2023-12-1240 minControllers ClassifiedManaging financial processes across regions and systemsIn this episode of "Controllers Classified," we’re joined by Daniel Hilli, Head of Business Control at Alstom. Alstom is a multinational company that builds and services trains and signaling systems. In fact, millions of people everyday are transported by Alstom trains and systems. Given the size of the company, this episode focuses on how to implement and manage financial processes across different regions and systems at scale. This includes dialogue around when to centralize vs. decentralize reporting and budgeting processes, how to find efficiencies through digitalization and tool consolidation, and the best way to build lines of communication ac...
2023-11-2833 minControllers ClassifiedThe power of integrated teams, tech, and processIn this riveting discussion, we have the privilege of featuring Lindsey Oshita, Chief Accounting Officer of the Americas at Franklin Templeton. Lindsey shares her journey to becoming a CAO, beginning her career first at a small local accounting firm during high school, before progressing to Deloitte in San Francisco. Listen in as Lindsey talks about her transition into corporate accounting for the Americas at Franklin Templeton and her role in developing a set of global standards to create a shared language of success with cross-functional partners. Lindsey also sheds light on the challenges faced during an ERP i...
2023-11-1434 minControllers ClassifiedThe new controller role: leading through change amid AI and remote workIn this episode of Controllers Classified, Brex’s CAO Erik Zhou dives deep into the evolution of accounting and finance with guest Ron Cook, the VP/Controller at Lightcast. Ron shares invaluable insights from his illustrious 30-year career on the past, present, and future states of accounting, on-the-job anecdotes (ever migrated ERPs in the middle of a pandemic?), and lessons learned along the way (“Leadership is an art. It’s not a science.”).Erik and Ron also explore the transformative impact of remote work culture on the accounting profession, delving into its challenges, benefits, and opportunities. The conversa...
2023-10-3139 minControllers ClassifiedWelcome to Controllers Classified!Controllers and accountants perform some of the most critical and dynamic roles in business — and this podcast will share their inside stories and strategies. Join us as they divulge exclusive insights on the topics redefining the world of accounting and finance, from AI to digitization to globalization. Presented by Brex, an AI powered spend platform
2023-10-2001 min
Unicorn BuildersHenrique Dubugras: the Story of Brex ($12 Billion+ Valuation)In today's episode of Unicorn Builders, we speak with Henrique Dubugras, Co-Founder and Co-CEO of Brex, a fintech unicorn most recently valued at more than $12 Billion.
Topics Discussed:
Henrique's entrepreneurial journey, from starting his first company in Brazil, attending college in the United States, and eventually Co-Founding Brex
How setbacks shaped Henrique's determined mindset as an entrepreneur, and the lessons he learned along the way
Brex’ company focus on corporate expenditure, accountability and compliance, whether for travel costs or credit cards
Why the closure of Silicon Valley Bank might create a real opportunity for Brex to pr...
2023-08-2534 min
The Modern People Leader: Forward-Thinking HR107 - Angela Crossman (Chief People Officer, Brex) on revamping your employee listening function & getting creative with offsitesAngela Crossman (Chief People Officer, Brex) joined us on The Modern People Leader.
We talked about her journey into HR (non profit admin, massage therapist, & consultant), bringing your internal & external listening data together, and getting creative with offsites.
Timestamps:
(2:00) Good news stories
(5:03) Her career journey
(13:17) Why we should be jealous that she gets to work at Brex
(16:30) Their fully-flexible work model
(20:00) The HR Team’s structure at Brex
(23:16) Dog fooding at Brex
(25:30) Overcoming myths around what’s “not working” with their globally d...
2023-04-1956 min
Decoder with Nilay PatelWatching Silicon Valley Bank melt down from the front row with Brex CEO Henrique DubugrasBrex CEO Henrique Dubugras found himself playing an important role during the Silicon Valley Bank collapse.Brex is what you might call a neobank — not a traditional bank but rather a financial services provider that helps companies manage how they spend money, corporate cards, travel expenses and the rest. In the middle of the SVB collapse, Brex was more than just a spending management company. It was also a safe place to park money.Brex saw billions of deposits in a very short period of time, giving Dubugras a bird's-eye view of what was happening — and...
2023-04-041h 02
mffm - エムエフエフエム#26 人知れず急成長するWiseの現在, BrexがCFO向けAIチャットを開発 - WorldFintechNews 3月# タイムスタンプ
(0:00) Intro：今年の花粉はヤバい
(5:05) Wiseのビジネスモデルとこれまでの歴史
(29:47) Wiseの業績（2023年第一半期の）
(44:28) BrexがCFO向けAIチャットを開発
# 今回取り上げたトピックと参考資料
・人知れず急成長するWiseの現在
国際送金Fintechといえば、Wise（旧Transfer Wise）でしょう。2011年に創業し、革新的な国際送金システムを作り上げた同社ですが、実はここに来て急成長を遂げています。今回は、そのWiseとは改めてどんな会社で、どのように進化してきたのか、また2021年のロンドン証券取引所への上場以来、業績はどうなっているのかなど、全方位的に議論しました。
https://wise.com/owners/
・BrexがCFO向けAIチャットを開発
空前のAIブームが到来しているスタートアップシーンですが、Fintechもその例外ではありません。法人カードで知られるBrexがOpenAIとのパートナーシップによって開発したCFO向けのAIチャットを発表しました。
Brex Empowerというソフトウェアを導入している企業は、Brexが把握する財務情報を素早く答えてくれるチャットボットが利用できるそうです。「他の企業に比べてうちの会社はUberにお金使いすぎてる？」など、かなり具体的で細かい質問にも対応してくれるそうで、企業に強力なアシスタントが誕生しそうです。
https://twitter.com/brexHQ/status/1633155216597225473?s=20
# 話し手
瀧 俊雄
執行役員 CoPA(Chief of Public Affairs) 兼 Fintech研究所長
https://twitter.com/sutebuu
小林 豪
Public Affairs室
https://twitter.com/GOU_0013
2023-03-1051 min
Grit#121 Founder & Co-CEO Brex, Henrique Dubugras: Pivot or ElseThe best advice Brex founder and co-CEO Henrique Dubugras ever received came from Snap CEO Evan Spiegel: The best CEOs, Spiegel told him, are “extremely authentic to themselves ... If you try to emulate being Elon Musk and you’re not like that, you’re just gonna fail.” This wisdom has empowered Dubugras and his co-founder, Pedro Franceschi, to focus on the places where they can be most effective at Brex, and to be more authentic with their coworkers. In this episode, Henrique and Joubin discuss coaches vs. therapy, mutual crushes, “hacker famous,” big egos, why missions are overrated, dr...
2023-01-1655 min
The Fake Christians PodcastWorking for Brex - A Fintech Startup Fast Becoming the Heartbeat of the Startup EconomyBrex Vacancies/Careers Page: https://www.brex.com/careersThe Life-solvers Group Limited (in a career consulting firm in partnership with the meaningful jobs padcast): https://www.thelifesolversgroup.comThe Meaningful Jobs Podcast Youtube Page: https://www.youtube.com/channel/UCpt8totvTVJj_9oly8xrbWgBrex is a US startup Fast Becoming the Heartbeat of the Startup Economy.In this episode, we will explore about the mission of Brex - how it provides lending to startups that traditional banks refuse, yet still manage to earn a great profit. We will learn how...
2022-12-2106 min
The Modern CFOHow Brex Empowers Finance Teams to Address their Hierarchy of NeedsSo much of the purchasing for tech startups and small businesses is online. Yet they often struggle to pay for the services and platforms they need because they don’t have business credit cards.This problem is especially acute for startups that lack credit as they’re more likely to have a hard time securing financing from banks than startups with good credit scores. FinTech giant Brex seeks to address this problem by supplying startups with the banking stack they need to scale.In today’s episode of The Modern...
2022-12-2031 min
SMB Tech Innovators, powered by Gusto | Embedded Finance, Vertical SaaS, Payroll APIRisks, Hard Choices, and Brex's Fintech Innovation at Scale with Henrique DubugrasIn this episode, Tomer London, Co-founder and CPO at Gusto speaks with Henrique Dubugras, Founder and Co-CEO at Brex.Making each dollar count for companies that burn through cash has never been more important.Brex landed at number two on the CNBC Disruptor 50 list for 2022, serving more than 10,000 corporate customers and freeing up startups to chase big dreams without worrying about wasted spend.Henrique joins us to share the lessons learned from scaling quickly, creating verticalized solutions for corporate customers, and managing the risk...
2022-09-2032 min
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch20VC: Brex's Henrique Dubugras on Advice from Evan Spiegel and Eric Schmidt on CEOship, The Biggest Hiring Mistakes When Scaling, What Everyone Gets Wrong with Product Messaging and When is the Right Time to Launch Secondary Products Henrique Dubugras is the Founder and CEO @ Brex, the company re-imagining financial systems so every growing company can realize its full potential. To date, Henrique has raised over $1.1BN for Brex from some of the best including Ribbit, Greenoaks, DST, IVP, Caffeinated Capital and Elad Gil to name a few. Henrique is also a board member at Mercado Libre. Prior to co-founding Brex, Henrique co-founded Pagar.me, there he scaled the company to $15BN in GMV and over 100 people before selling the company in 2016. In Today’s Episode with Henrique Dubugras You Will Lea...
2022-04-1534 min
The C.E.O. Show - Cashflow Equality OwnershipNo personal Guarantee! Building Business Credit With Brex Episode #7The C.E.O. Show - Cashflow Equality Ownership Episode #7In this episode we break down the importance of building business credit with no personal guarantee using Brex Business Banking. Sign Up For Brex: Join Now and Earn $250 Signup For Acron Invest: Join Now and Earn $5Signup For Nav: Join Now and Improve Your Business CreditGet your copy of Fundamental FourDownload a complementary copy of How to Easily Gain Better VisionFollow Me and Le...
2021-11-1617 min
矽谷輕鬆談 Just Kidding TechEP67 Brex 創業故事 打造一站式金融系統 如何快速上手新公司近幾年飛速成長的金融科技公司 Brex 在 2017 年成立，短短四年的時間已經募資到了 D 輪，估值來到了 74 億美金！但你可知道他們的兩位創辦人 Henrique 跟 Pedo 今年才 25 歲嗎！？今天一起來深入了解 Brex 的使命、商業模式以及現有的產品，聊聊兩位創辦人在創辦 Brex 之前的精彩故事，他們到底是有什麼樣的經歷，讓來自巴西的他們，可以得到 Y Combinator 的青睞，並且得到 Paypal 幫的 Peter Thiel 以及 Max Levchain 的早期投資！最後 Kenji 也分享了在 Brex 工作三週的心得，以及如何快速上手新公司，迅速作出貢獻。
https://glow.fm/jktech/
如果你喜歡我們的 Podcast 並且想要支持我們，歡迎成為贊助夥伴，你可以選擇每月 $5 美金或是一年 $50 的贊助，一個月一杯星巴克的價錢，幫助我們持續創造優質的內容！
矽谷輕鬆談傳送門 ➡️ https://linktr.ee/jktech
#Brex #Stripe #Square #Intuit #FinTech #創業故事 #金融科技 #Podcast #JustKiddingTech #矽谷輕鬆談
2021-08-1654 min
StartSe PodcastsHackeando o Vale do Silício #26 - Empatia: a soft skill que a Brex busca na contratação de pessoasEmpatia. Esse é o "hack" que a Brex, fintech do Vale do Silício avaliada em US$ 7,4 bilhões, busca em seus funcionários. Neste episódio do Hackeando o Vale do Silício, Nelson Nectoux recebe Lucas Fox, líder de gestão de relacionamentos na startup.
Fox compartilha como a empatia ajuda a Brex a melhorar a experiência do cliente e facilita a tomada de decisões. Ele explica, ainda, como o trabalho remoto possibilitou que a companhia expandisse seus horizontes, passando a contratar pessoas de todo o mundo (inclusive no Brasil!).
A Brex é uma...
2021-05-2041 min
The Room PodcastSeason 2 Bonus: Henrique Dubugras of BrexYesterday, Brex announced their Series D round, led by Tiger Global, which now valued them at $7.4 billion. Today, we share an episode of The Room Podcast that just couldn’t wait! Madison and Claudia sit down with Henrique Dubugras, Co-Founder and Co-CEO of Brex in late March. For those who don’t know, Brex is the unicorn fintech startup that provides the all-in-one money and banking solution for startups. Both Brazilian natives, Henrique and his co-founder Pedro Franceschi founded Pagar.me before both attending, then dropping out of Stanford to found Brex.
We discuss the key themes of d...
2021-04-2737 min
Wharton FinTech PodcastReinventing Financial Systems – Henrique Dubugras, Co-Founder/Co-CEO of BrexIn this episode, my guest is Henrique Dubugras, Co-Founder & Co-CEO of Brex, a financial operating system for startups and growing companies, with services including a charge card, cash management, and controls in a single account.
Originally from Brazil, Henrique built a payments company when he was only sixteen and in just three years grew it to process over $1.5 billion in processed transactions. Shortly thereafter, he co-founded Brex along with Pedro Franceschi.
In this interview, we talk about:
- Henrique’s story from entrepreneur, to Stanford student, to Stanford dropout and Brex co-founder
- How he met his co-founder, Pedro, and th...
2020-12-1118 min
Brex in the BlackFounder stock & early employee optionsA lot of the excitement and lure of startups falls on the equity component.
This episode breakdown how founders should think about their stock when starting out, what to do after raising your round, and how to grant options to early employees.
Sign up for Brex by visiting brex.com
2020-11-1807 minBrex in the BlackInternal Transparency About FinancesTransparency is popular in tech and it's something people value in their employer.
In this episode of Brex in the Black, Michael (CFO) shares his thoughts on transparency about finances and where to draw the line.
You can sign up for Brex by visiting: brex.com
2020-11-1805 minBrex in the BlackVenture DebtBrex's CFO Michael Tannenbaum addresses the topic of venture debt, one that often comes up as a question in panels and conversations with startup founders.
We cover how venture debt is unique in the startup ecosystem, typical terms, rates, and what to watch out for in the process.
You can sign up for Brex by visiting: brex.com
2020-10-0707 minBrex in the BlackBoard of Directors MeetingsThis episode of Brex in the Black covers Michael Tannebaum's playbook for running board of director meetings.
The playbook covers everything from
Scheduling
Material to send out
Who should attend
Post-meeting
This was also recently outlined in our Building Brex blog online including a good template, so make sure to give that a read.
You can sign up for Brex by visiting: brex.com
2020-10-0707 minBrex in the BlackBudgeting ConflictsThis episode of Brex in the Black is all about budgets and navigating conflicts they may bring.
It's important to note that budgeting conflicts happen and it’s hard to budget at startups. The important thing is accountability and review.
Learn how Michael Tannenbaum, Brex's CFO, guides the company in this process and internalizes it.
You can sign up for Brex by visiting: brex.com
2020-09-1408 minBrex in the BlackRemote Work BenefitsWe've already covered the future of offices and rethinking the office strategy, in this episode of Brex in the Black, we discuss remote work benefits like utility stipends, meal stipend, at home office benefits for furniture, shared office space in new cities, etc.
You'll hear Michael's recommendation to offer remote benefits to build loyalty.
You can sign up for Brex by visiting: brex.com
2020-09-1409 min
GritChief Sales Officer at Brex, Sam Blond: Recruiting TalentIf there’s one person who knows a thing or two about sales growth, it’s Brex Chief Sales Officer Sam Blond, who has been a part of some legendary sales runs during his career. Sam joined Zenefits in 2013, and helped transform the company into the fastest SaaS business of all time. Then, he left and joined Brex, and was part of a team that scaled from 46 to 455 employees in just two years. Was it luck that led Sam to these companies, or is Sam naturally gifted in discovering opportunities? In this episode, Sam explains his approach to sa...
2020-09-0851 minBrex in the BlackShould your Finance department get along with the rest of the company?In this episode of Brex in the Black we talk about the healthy tension your finance team should have with the rest of your company.
Topics:
The Finance team's ultimate task
How does a CFO lose their job?
Maintaining respectful relationships with teams across the org.
Focus on the business - frame everything as what is right for the business, do not get into what other groups can or cannot do
You can sign up for Brex by visiting: brex.com
2020-08-2107 minBrex in the BlackHow to AcquihireIn this episode of Brex in the Black Michael Tannenbaum and Arthur Levy give us their thoughts on how to approach acquihires.
Why companies do Acquihires and how to know if yours should
Proactive vs. Passive
Build pipeline around key properties
Building your buckets with your Product team
Build brand within the community
How to structure your Corp Dev team to “know” what to look for
How to objection handle
How to speak to VC’s and let them know what to look for
You can sign up for Brex by visiting: brex.com
2020-08-2108 minBrex in the BlackPersonal ReimbursementsIn this episode of Brex in the Black Michael Tannenbaum answers a common question he gets from early-stage founders.
"How do I actually go ahead and reimburse myself after I've been spending money on my personal card because I haven't had my business set up and I've incurred all these expenses?
You can sign up for Brex here brex.com
2020-06-0503 minBrex in the BlackRemote work: Rethinking the office strategyIn this episode of Brex in the Black Michael breaks down how he's been rethinking the office strategy after a prolonged period of remote work.
You can sign up for Brex here brex.com
2020-06-0507 min
Software Engineering DailyBrex Engineering with Cosmin NicolaescuBrex is a credit card company that provides credit to startups, mostly companies which have raised money. Brex processes millions of transactions, and uses the data from those transactions to assess creditworthiness, prevent fraud, and surface insights for the users of their cards.Brex is full of interesting engineering problems. The high volume of transactions requires data infrastructure to support all those transactions coming through the platform. As a credit card company, Brex needs to integrate with credit card networks and banking systems. There are internal systems for applications such as dispute resolution.Cos Nicolaescu...
2020-05-2749 minBrex in the BlackHow to close a round with the actual mechanics you needIn this episode of Brex in the Black we go over closing a round of funding and the actual mechanics you need, including legal docs, wires, investor confirmations, diligence, and more.
Topics covered:
Post diligence and agreement - what do you
What are the docs:
Articles - the most critical stuff, especially anti dilution and drag along
IRA - co sale , ROFR
SPA - actual documents
Disclosures schedule
Funding / closing -
Pick a date
Wire instructions
Confirmations / Update your cap table
Get the episode transcription here: bre...
2020-04-3010 minBrex in the BlackBasic Budgeting at a StartupIn this episode of Brex in the Black, we go over basic budgeting at a startup. Some of the points we cover are:
What are budgets?
When should you do them?
Why does your startup need a budget?
Who should be involved in startup budgeting? In beginning just finance person and founders, small group
How does it progress?
How are budgets affected when you introduce OKRs and OKR planning
Then roll out full budget templates
Income statement and key revenue metrics - actual, expected, variance, explanation of variance
2020-03-1012 minBrex in the BlackGrowing a Finance Department - Person by PersonIn this episode of Brex in The Black, we talk about Growing a Finance Department, person by person.
Episode overview:
A framework to solve for what you need day one to cover what you may not understand or have time for.
Key roles you need to staff a Finance Department :
Accounts Payable
Staff Accountant
Controller
Technical Accountant
FP&A
Strategic Finance / Corp Dev
Get the episode transcription here: brex.com/brexintheblack/episode-16/
You can sign up for Brex her...
2020-03-1009 min
Something Ventured -- Silicon Valley Podcast127 Paul-Henri Ferrand: Brex's COO on Why Immigrants Build Great Companies and How Brex is Transforming FinancePaul-Henri Ferrand is the Chief Operating Officer of Brex. Brex, the corporate card that accelerates entrepreneurs and scaling businesses, is founded by Henrique Dubugras and Pedro Franceschi, two engineers who previously founded Pagar.me, a Brazil payment processing company. Brex has raised $315M in equity and $510M in debt, and is backed by the co-founders of PayPal (Max Levchin and Peter Thiel), Y Combinator, Ribbit Capital, Greenoaks Capital, DST Global, IVP, and Carl Pascarella (former CEO of Visa). Before becoming COO of Brex, Paul-Henri was President, Global Customer Operations for Google Cloud, and before that President of...
2020-03-1037 min
#DreamitLiveHow Brex Raised $580 Million in 3 YearsIn the last 3 years, Brex has raised nearly $600 million in venture funding. In this #DreamitLive episode, Michael B. Tannenbaum, CFO & CBO of Brex, and Steve Barsh discuss Michael’s experiences at Brex in raising successive large venture rounds while executing and growing a company quickly. Michael also speaks about his experiences growing SoFi, another fintech unicorn where he was an early executive. We discuss Michael’s top 3 lessons learned and his biggest "Wow, I wish someone had told me that beforehand!" thoughts.
In this episode (approximate time stamps):
2:00—What is Brex and how did it get started?
15:00:00— What are the KPIs...
2020-02-1800 minBrex in the BlackStartup valuations and how they workIn this episode of Brex in the Black we talk about startup valuations and how they work for the different stages of a startup.
Get the episode transcription here: brex.com/brexintheblack/episode-15/
You can sign up for Brex here brex.com
2020-02-0611 min
CFO THOUGHT LEADER565: A Fintech Unicorn Burnishes its Risk Management Brand | Michael Tannenbaum, CFO, Brex Inc. Tannenbaum: At Brex, pretty early on, I was kind of familiar with the banking landscape from when I had been in investment banking. The group that I had been in actually served regional banks, so I did a lot of regional bank mergers and acquisitions. Then, at SoFi, I had built a lot of relationships with regional banks. I think that when you start in fintech, there's always this belief that you're competing with big banks. That was a lot of the marketing positioning of my former employer, SoFi, but at Brex I saw this opportunity to partner with...
2020-01-2237 min
How I Raised It - The podcast where we interview startup founders who raised capital.Ep. 126 How I Raised It with Henrique Dubugras of BrexProduced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Henrique Dubugras of Brex.com which provides a corporate credit card for startups.
In this episode, Henrique talks about the genesis of Brex and "why the world needed another credit card," why he believes raising capital at a high valuation is key to extending runway, why getting as many investors on your cap table as possible is a good strategy, why he always insists on basic ("plain vanilla") terms in a term sheet, and much more.
The...
2019-11-1834 minBrex in the BlackStartup Mergers & AcquisitionsWe host special guest Scott Orn, COO of Kruze Consulting, to discuss how to best handle startup acquisition offers.
Get the episode transcription here: brex.com/brexintheblack/episode-14/
You can sign up for Brex here brex.com
2019-11-0720 min
Talking PointsThe founder of Brex corporate card reveals how he built a $2.5 billion company in two yearsOn this round-table episode of Talking Points, co-CEO and co-founder Henrique Dubugras and head of Brex partnerships and rewards Thomas Piani explain what sets the Brex corporate card apart; what their latest product, Brex Cash, is; and how they've built a company worth over $2.5 billion. Host Brian Kelly shares his skepticism about whether this card holds up against other popular business cards, and looks into the strategy behind their generous bonus categories. He also finds out which of the seven airline partners Brex cardholders utilize the most and why they introduced a physical lounge right from the start. Hosted...
2019-11-0626 minBrex in the BlackGuidelineOn this episode of Brex in the Black, we host special guest Kevin Busque, Founder & CEO of Guideline, to discuss 401(k)s, IRAs, HSAs, and how to effectively provision tax advantaged structures for employees.
Get the episode transcription here: brex.com/brexintheblack/episode-13/
You can sign up for Brex here brex.com
2019-10-0217 minBrex in the BlackStock OptionsWe discuss stock options versus RSUs, vesting schedules, strike prices, the 490a valuation, ISOs v NSOs - and how to get it all right.
Get the episode transcription here: brex.com/brexintheblack/episode-12/
You can sign up for Brex here brex.com
2019-08-2120 minBrex in the BlackTaxationIn which Michael talks about the importance of filing, reporting requirements, local taxes, and delaware incorporation - even if you’re not making a profit.
Get the episode transcription here: brex.com/brexintheblack/episode-11/
You can sign up for Brex here brex.com
2019-08-2111 minBrex in the BlackAccrualsWe review the concept of accruals, the difference between accrual and cash accounting, and a few examples of the use of accrual accounting in business.
Get the episode transcription here: brex.com/brexintheblack/episode-10/
You can sign up for Brex here brex.com
2019-08-1906 minBrex in the BlackThe Monthly CloseMichael reviews how to think about keeping clean books, along with how to properly finalize your financial activities at the end of each month.
Get the episode transcription here: brex.com/brexintheblack/episode-9/
You can sign up for Brex here brex.com
2019-06-1905 minBrex in the BlackPayrollMichael goes over the difficulties of payroll, how to implement an orderly payroll process (a surprisingly difficult task). We also discuss whether Finance or HR should own payroll, and what most companies get wrong about this key function.
Get the episode transcription here: brex.com/brexintheblack/episode-8/
You can sign up for Brex here brex.com
2019-06-1906 minBrex in the BlackBenefitsThis week, Michael answers questions on the critical topic of startup benefits. We go over what healthcare plans — and how many — a startup should choose, what employees have come to expect from their benefits, and how startups can go about shopping for a plan.
Get the episode transcription here: brex.com/brexintheblack/episode-7/
You can sign up for Brex here brex.com
2019-06-1911 minBrex in the BlackOutsourcing AccountingThis week, Michael discusses whether a startup should outsource accounting, what the relevant options are, and how to search out who would be a good fit for this roll.
Get the episode transcription here: brex.com/brexintheblack/episode-6/
You can sign up for Brex here brex.com
2019-06-1904 minBrex in the BlackAccounting SoftwareMichael reviews Quickbooks, Xero, and Netsuite on what differentiates them, and which is right for your stage company.
Get the episode transcription here: brex.com/brexintheblack/episode-5/
You can sign up for Brex here brex.com
2019-06-1909 min
The Official SaaStr Podcast: SaaS | Founders | InvestorsSaaStr 240: SaaStr 240: Brex Founder and CEO Henrique Dubugras on Lessons From a Second-Time Founder: How Brex Went From 0 - $1B in Under 2 YearsBrex Co-Founder and CEO Henrique Dubugras will talk about what he's learned building the fastest-growing B2B company. Henrique started his first company at 16 and has now built two successful companies from nothing. Learn what he did differently the second time around and the specific decisions he made to drive growth among B2B companies with Brex. Missed the session? Here's what Henrique talks about: How Brex grew from a few basic functionalities to a corporation Growing from $0 to $2B in ARR in less than two years. If you would like to find o...
2019-06-0621 minBrex in the BlackEarly AuditsMichael discusses when your startup should be audited, and whether it is important. We go on to talk about what firm is best to work with, and what financial processes to setup to make sure you pass.
Get the episode transcription here: brex.com/brexintheblack/episode-4/
You can sign up for Brex here brex.com
2019-05-2309 minBrex in the BlackRaising from SoftbankMichael regales us about raising capital while at his previous role at SoFi — a stint that included a billion-dollar deal with Masayoshi Son, Founder & CEO of Softbank, before it became fashionable.
Get the episode transcription here: brex.com/brexintheblack/episode-3/
You can sign up for Brex here brex.com
2019-05-2207 minBrex in the BlackFundraising: CEO & CFO RolesWe talk to Michael this week about what the role of the CFO is in the fundraising process, and how it interacts with the role of the CEO. We also discuss how this dynamic changes as the company scales.
Get the episode transcription here: brex.com/brexintheblack/episode-2/
You can sign up for Brex here brex.com
2019-05-2210 minBrex in the BlackFundraisingWe talk to Michael about all things Fundraising: when to start the process, how you should conceptualize this slice of startup life, how to approach investors, and what to prepare for your initial meetings.
Get the episode transcription here: brex.com/brexintheblack/episode-1/
You can sign up for Brex here brex.com
2019-05-2209 min
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch20VC: Brex Founder Henrique Dubugras on Why Being Mission Driven Is Not The Only Way To Build A Massive Business, Why You Should Not Associate Fundraising with The Cash Needs of Your Business & Why You Don't Have To Follow Startup Theory When It Comes ToHenrique Dubugas is the Founder & CEO @ Brex, the first corporate card for startups offering instant online application, no personal liability, and tailored rewards. In a staggering 2 years, Henrique has grown Brex to a $1.1Bn valuation having raised over $180m in funding from some of the best in the business including Peter Thiel, Max Levchin, Elad Gil, DST, Y Combinator and IVP just to name a few. As for Henrique, prior to founding Brex he founded Pagar.me, a payments solution that he sold in Sept 2016, a year that the platform processed over $1.5 billion in GMV. In Today’s Episode...
2019-02-1526 min