Brex CEO Henrique Dubugras found himself playing an important role during the <a href="https://www.theverge.com/23635692/silicon-valley-bank-svb-collapse-explainer-startups-venture-capital">Silicon Valley Bank collapse</a>.Brex is what you might call a neobank — not a traditional bank but rather a financial services provider that helps companies manage how they spend money, corporate cards, travel expenses and the rest. In the middle of the SVB collapse, Brex was more than just a spending management company. It was also a safe place to park money.Brex saw billions of deposits in a very short period of time, giving Dubugras a bird's-eye view of what was happening — and what was happening was not great for the banking system, especially in Silicon Valley. (Our own <a href="https://www.theverge.com/authors/elizabeth-lopatto">Liz Lopatto</a> has been covering this in depth.)I wanted to hear Dubugras' perspective on SVB both as a fintech CEO and a founder himself, whether he thought the crisis was rational or just a panic caused by group texts and easy-to-use mobile banking interfaces, what he thinks will happen to the startup ecosystem next, and how much of an opportunity all this was for Brex.Dubugras is a young CEO. He just turned 27. He really surprised me with his depth here, and he will probably surprise some of you as well.Okay, Henrique Dubugras, CEO of Brex. Here we go. Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a>

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

Watching Silicon Valley Bank melt down from the front row with Brex CEO Henrique Dubugras

Decoder with Nilay Patel