How the founders of Brex built a billion-dollar business in less than 2 years

Re:How the founders of Brex built a billion-dollar business ... by koolba on Saturday October 06, 2018 @02:50PM (#18156608)

So where does the revenue come from? A slice of the transaction fees run on the cards or interest on rolling balance? I can’t imagine the balances over 30 days being that high (the targets have VC money to pay their bills right?) and the transaction fees can’t be that much either.

I can see why they’d need a lot of capital but I fail to see the business model for actually generating (big) income.

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Re:How the founders of Brex built a billion-dollar business ... by roymurdock on Saturday October 06, 2018 @04:21PM (#18157056)

they're aiming for acquisition. these days you don't need to make money as long as there's a need for something you can often give it away for free using VC money and then get acquired for your exit

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Re:How the founders of Brex built a billion-dollar business ... by 10010 on Saturday October 06, 2018 @08:13PM (#18158113)

1. Start up 2. Cash in 3. Sell out 4. Bro down

Or maybe do the dirty work of acquiring lots and lots of small companies and then sell them back to a bank in one package?

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