Business credit card
Brainstorming and tinkering: Thinking about their past unique experience, and problem they've run into personally.
A virtual reality headset called Veyond
Realized it was a bad idea
https://youtu.be/DmehFuCMtvc?si=W4y_blZyai6FVt6n&t=51 https://www.saastr.com/how-brex-went-from-1b/ https://nira.com/box-history/
“We applied to YC with this VR idea, which, looking back, it was pretty bad, but at the time we thought it was great. And within YC, we were like, ‘Yeah, we don’t even know where to start to build this.’ It was pretty complicated. So we started to look for other stuff to do within YC, and we circled through a few ideas until we got some feedback that we should start a company that we, as founders, have an unfair advantage by starting that company. And we felt, well, we know a lot about fintech. We know a lot about payments. That might be an area. And we figured out there were all these startups in YC that couldn’t get a credit card and had raised millions of dollars. And we thought that was super-dumb. Why can’t they get a credit card if they raise millions of dollars? And that’s kind of how, working through with the YC partners, we came to the idea of Brex.” —Henrique Dubugras, co-founder and CEO
2 months
Nothing