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#121 Founder & Co-CEO Brex, Henrique Dubugras: Pivot or Else
Grit
Did More People Pick More Cash or More Equity Than You?
The risk for an executive, it's like 10 times higher for them than it is for you. If they don't work, and let's say a year, yeah, maybe you lost 25% of that equity. The other thing I would say in Silicon Valley is people have very little information in your startup to back up their claims. We had great backers, right? Like we had Peter Thiel, Max Labchin, YC, we had all these great people that understood what payments were about. They're just the free title so we didn't really care about titles. And then also kind of leveraging every founder's reputation to try to build our own brand.
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