Henrique and Pedro, parabéns! Congrats on your trajectory so far! You are a real inspiration. Do you happen to have some published interviews or blog post sharing more about your history? I always hear good things about you both, but it is hard to find primary accounts of your trajectory. I wish you the best of luck!
Thanks! YC published an interview with me yesterday. https://blog.ycombinator.com/henrique-dubugras-and-anu-harih... Let me know your thoughts on it :)
Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
61–70 of 128 posts
Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
#62Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
#63Got stuck in the signup flow. First, I was super sketched about giving you my bank details. After a while I found the tiny text that says you use a third party, but I couldn't verify that. I decided to trust you since you're a YC company, and put in my creds anyway. To log into my bank, they required me to send a verification code to my phone. The text never came, but your flow has no way to go back and either reques…
Because it’s a 3rd party (we use finicity) there are some issue with some people from time to time :/ Support should contact you soon to help fix it. Noted on making more clear that it’s a 3rd party!
Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
#64Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
#65I'm a former purchasing manager turned developer, I can tell you the p-card business is ripe for innovation. This is a great space to go after. Good luck!
Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
#66Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
#67Well-funded fintech co that just ran into this- going to check it out!
Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
#68THIS IS NOT A CREDIT CARD THIS IS A CHARGE CARD
Also, please don't use allcaps for emphasis; it's basically yelling, and the site rules ask you not to: https://news.ycombinator.com/newsguidelines.html.
Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
#69THIS IS NOT A CREDIT CARD THIS IS A CHARGE CARD
Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups
#70Earlier quoted context omitted.
1 - chase will require a personal guarantee, what that means is that you’re personally responsible for the credit card. Your ssn is on the line. With Brex, we underwrite your company. 2 - our credit algorithm is actually very different and the limit changes according to your bank balances. 3 - it’s actually a credit card (technically a charge card), so it has all the protections of a standard credit card, people dont…
Out of curiosity, what happens in the unfortunate case of a startup closing shop while still carrying a Brex balance? Ie, does Brex have some legal senior debt-holder claim against the company’s assets? And what happens to the personal credit history of the founders, does it remain untarnished since they were never personally responsible?