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Profitable founder tales are a trove of data and inspiration. They’re additionally a map of types, one that gives perception into the challenges of navigating the advanced startup panorama. Listening to concerning the triumphs and challenges — and the inevitable missteps — will help new and aspiring early-stage founders keep the course and even keep away from widespread pitfalls.
On the subject of startup founder tales, you’d be hard-pressed to search out one as compelling as Henrique Dubugras, founder and co-CEO of Brex, a monetary companies firm. He realized to code at age 12 and began his first fintech at age 16. Three years later, he offered that firm, went to Stanford, based Brex and joined the Y Combinator Winter 2017 cohort.
That’s only a tiny fraction of his story, and it’s why we’re thrilled to announce that Dubugras, together with Anu Hariharan, the managing director and companion at Y Combinator, will be a part of us for a fireplace chat at Nob6 Disrupt on October 18-20 in San Francisco.
Dubugras co-founded Brex in 2017 to supply company bank cards to startups. In 5 years, Brex has advanced — combining bank cards, enterprise money accounts, new spend administration and invoice pay software program — to develop into a monetary working system for corporations of all sizes.
Its achievements are spectacular: Final January, the corporate raised $300 million in a Collection D-2 spherical to extend its valuation to $12.3 billion, and it named a former Meta exec as its new chief product officer. In April, Brex acquired Pry Financials — a monetary planning software program startup backed by YC — for $90 million.
We are able to’t wait to dig into the story behind the success to know what it took to construct this fintech — and all of its know-how — from scratch. We’ll get each the founder and the investor views — Hariharan led the funding in Brex and had a front-row seat because it developed at YC.
A Brazilian entrepreneur, Dubugras constructed funds firm Pagar.me when he was 16 years previous. In three years, Pagar.me grew to $1.5 billion in quantity of transactions processed. In 2016, Dubugras offered Pagar.me and enrolled at Stanford College. After eight months, he left faculty and based Brex, which raised $215 million in funding throughout three rounds in its first 22 months.
Hariharan led investments in Increase, Brex, Convoy, Faire, Groww, Gusto, Instacart, Monzo, Rappi, RevenueCat, Snapdocs, Vouch and Whatnot. Beforehand, Hariharan was a companion at Andreessen Horowitz (a16z), the place she centered on client web progress investments and labored with the administration groups of portfolio corporations together with Airbnb, Instacart, Medium, OfferUp and Udacity. Previous to a16z, Hariharan was a principal at The Boston Consulting Group’s Non-public Fairness follow in New York Metropolis, the place she led a number of progress fairness due diligences within the client and fintech sectors.
Nob6 Disrupt is again in particular person on October 18-20 in San Francisco. Early motion equals greater financial savings: Seize your cross now and save as much as $1,300. Pupil, authorities and nonprofit passes can be found for simply $195 however act quickly as costs enhance July 29.
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