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Pedro Franceschi - 2 Brex - 1 — - 1 San - 1 Keith Rabois - 1 cofounders Henrique Dubugras - 1 Howie Liu - 1 Rabois - 1
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Search resuls for: "Pedro Franceschi"


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☆ Disruptor 50 #4: Brex Co-CEO talks using AI to streamline company finances
  + stars: | 2024-05-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisruptor 50 #4: Brex Co-CEO talks using AI to streamline company financesPedro Franceschi, Brex Co-CEO, joins 'Closing Bell Overtime' to talk how his company uses AI to streamline corporate finances, how they benefited from the SVB collapse and more.
Persons: Pedro Franceschi, Brex
☆ It seems some tech leaders are coming back to San Francisco
  + stars: | 2024-02-19 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +2 min
Some tech leaders are returning to San Francisco, The Wall Street Journal reported. San Francisco's commercial real estate market is also getting a boost from the AI boom. AdvertisementIt seems like San Francisco is luring some tech bosses back after a pandemic-induced exodus. Now, he plans to spend one week a month in San Francisco and is renovating a house in the city, The Journal reported. Meanwhile, San Francisco has grappled with a homelessness problem and shifts in crime patterns.
Persons: —, San, Keith Rabois, cofounders Henrique Dubugras, Pedro Franceschi, Howie Liu, Rabois, Elon Musk, Sam Altman Organizations: Street Journal, Service, The, Meta, PayPal, California Globe Locations: San Francisco, Miami
☆ Brex: 2023 CNBC Disruptor 50
  + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +1 min
Fintech startup Brex was already a high flier, growing by 200% last year with more than 200,000 customers from startups to enterprises. Now following the collapse of SVB, Brex has gained billions of dollars in deposits from thousands of ex-SVB clients. With previous experience in founding Pagar.me, one of Brazil's largest payment processors, their idea for Brex was to combine financial products and software in a single platform. The founders conceived Brex in a Y Combinator accelerator program after growing frustrated applying for a credit card to launch and fund their original idea for a VR startup. What has differentiated Brex from the status quo in corporate cards is its focus on fast-growing businesses.
☆ Silicon Valley Bank was the bank for tech. Its collapse is everyone's problem.
  + stars: | 2023-03-17 | by ( Kali Hays | Bianca Chan | Darius Rafieyan | ) www.businessinsider.com   time to read: +13 min
Employees have been working around the clock to onboard as many startups as possible in the wake of the implosion of Silicon Valley Bank. Silicon Valley Bank, which had more than $175 billion in deposits and served nearly half of US VC-backed startups, was taken over by US regulators on March 10. "That said, I am worried that this bias towards a Big Four bank is a double-edged sword," Shekar added. "SVB did not think like a big bank. They could understand your operating plan when a big bank would balk at it," Ashley Tyrner, CEO and founder of FarmBoxRX, told Insider.
☆ Fintech darling Brex is requiring potential engineering hires to be located outside of New York and California. Here's why the startup calls that its 'competitive advantage'
  + stars: | 2022-11-07 | by ( Emilia David | ) www.businessinsider.com   time to read: +3 min
The fintech startup follows companies like Oracle in hiring outside of traditional tech hubs. Instead of limiting its hiring pool to San Francisco, the startup can now tap into qualified candidates anywhere, it said. In a note to employees, Brex CEO Pedro Franceschi said the current economic environment contributed to the decision to lay off workers. Tech workers traditionally concentrated in certain hubs, but research showed remote work helped expand tech talent into many other cities. But besides the cost cutting benefits other companies experience, hiring outside of tech hubs lets go of some traditional talent restraints, Brex said.
☆ There are 7 self-made billionaires under 30 on Forbes' billionaires list this year, and more than half of them are Stanford dropouts
  + stars: | 2022-04-06 | by ( Marielle Descalsota | ) www.businessinsider.com   time to read: +3 min
Seven self-made billionaires under the age of 30 were named in Forbes' World's Billionaires List this year. Seven self-made individuals under the age of 30 were named in Forbes' World's Billionaires List this year. Brazilian-born corporate credit-card startup founders Pedro Franceschi, 25, and Henrique Dubugras, 26, are the world's youngest self-made billionaires named in Forbes' list this year. Two Stanford alumni also made this year's list of self-made billionaires under 30. Stanford University is located in Stanford, California, just a few miles from Palo Alto.
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