Hello and welcome back to Equity, a podcast about the business of startups

where we unpack the numbers and nuance behind the headlines. I'm Natasha

Mascarenitz and this is our Wednesday show where this week we're doing

something a little different and letting Marianne take the

brains. We're bringing back one of my favorite interviews of hers all year which is when she sat down at Disrupt and

interviewed Henriche Dubuagrath, the co-ce CEO of Brex and a co-founder and Anu Hari Haran,

why Komondiners Managing Director for Continuity and an early Brex investor.

The reason I love the interview is that it's been quite the eventful year for Brex.

I mean it raised at a 12.3 billion dollar valuation, but then it pivoted and it had layoffs and

there are so many questions about how it's kind of looking to the future, which we get some good real human answers for. So stay

tuned for a throwback but a good one that I think you guys will all enjoy.

Always sort of surreal to be interviewing someone in person that I've just talked to on the phone or in Zoom

So I'm still kind of adjusting that's very cool. Thanks for being here. Thank you so much for having us. Yeah so founder journey. Tell us about when you first

started Brex I believe you were in your early 20s. Yeah so the the founding story you know in

a quick way,

is born and raised in Brazil.

And out of high school, I started a payments business in Brazil

that did payment processing, so kind of like stripe of Brazil.

And then after selling that company,

moved to the US to go to college,

and then dropped out to Starbrex in FinTech.

Actually, the first idea that we got into YC

...