Ep. 126 How I Raised It with Henrique Dubugras of Brex

Produced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Henrique Dubugras of Brex.com which provides a corporate credit card for startups. In this episode, Henrique talks about the genesis of Brex and "why the world needed another credit card," why he believes raising capital at a high valuation is key to extending runway, why getting as many investors on your cap table as possible is a good strategy, why he always insists on basic ("plain vanilla") terms in a term sheet, and much more. The Company most recently raised a $100 million Series C-2 venture round led by Kleiner Perkins. Ribbit Capital, Greenoaks Capital Partners, DST Global, IVP, Human Capital (San Francisco), G Squared and Y Combinator also participated in the round. Previous investors include Max Levchin, Peter Thiel, Elad Gil and many others. EXCLUSIVE DEAL: signup for a Brex credit card at https://brex.com/foundersuite/ and get fees waived for life + $250 cash back plus no personal guarantees, higher limits, and other features. New customers only. Note: Applicants must be funded by professional investors (accredited angels or VCs) or be above $100k MRR if self-funded. This series is produced by Foundersuite, makers of software to raise capital and manage investor relations. Foundersuite's customers have raised over $1.5 Billion since 2016. Create a free account at www.foundersuite.com.