Equity

Brex's 2022 reality

Dec 21, 2022

Henrique Dubugras, Co-CEO and co-founder of Brex, teams up with Anu Hariharan, Managing Director at Y Combinator and early Brex investor, to discuss the fintech's tumultuous year. They reveal how Brex pivoted to focus on startups during the pandemic, faced backlash over service changes, and made the tough choice to lay off employees for profitability. They also dive into their new software, Empower, aimed at simplifying compliance, and share insights on navigating competition and attracting talent in a challenging landscape.

37:31

Creator website

Episode guests

Anu Hariharan

Henrique Dubugras

AI Chapters

Episode notes

Intro

3min

Strategic Shifts: Brex's Evolution in a Changing Landscape

14min

Navigating Increasing Competition in Spend Management

3min

Navigating Tough Choices: Layoffs and Business Strategy

5min

Innovating Compliance and Expense Management with Empower

2min

Navigating the Fintech Landscape

10min

Attracting Talent: The Young Founder's Approach

2min

This week, Mary Ann is taking the reins with another favorite from the TechCrunch Disrupt stage. She sat down with Brex CEO and co-founder, Henrique Dubugras, and Anu Hariharan, YC’s managing director for continuity and an early Brex investor, to expose the context around this whirlwind of a year.

The conversation candidly uncovers details behind the fintech's pandemic pivot, layoffs, and going remote. If you love the conversation, share it with a friend. And if you want more on Brex, Mary Ann dove deeper into the conversation last month .

Equity drops every Monday, Wednesday and Friday at 7 a.m. PT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, a show that details how our stories come together and more!

Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

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