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020 Henrique Dubugras| building since forever
Manage episode 384965006 series 3511583
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HENRIQUE’S BIO
Henrique Dubugras is one of the most accomplished entrepreneurs in Silicon Valley and the world's youngest self-made billionaire added to the Forbes List in 2022. A true master, an entrepreneur who is now 28 years old and inarguably at the top of his game. His company building path started when he was twelve, when he started his first company. In his words: “I started coding when I was 12, because there was this game I wanted to play. It was like a paid game and my parents didn’t want to pay for me; I figured out, if I learned how to code, I could play it for free.” I’ve known Henrique for a number of years and in every conversation I learn something new, including in this one.
Henrique is the Co-Founder and Co-CEO of Brex, the first of its kind corporate card for startups and small businesses valued at about $10 billion. Born and raised in Brazil, he launched payments company Pagar.me (“the Stripe of Brazil”) which happened to be Microsoft’s Startup of the Year in 2014. He was sixteen! While still a teenager, the company had grown to process $1.5 billion in transaction volume and in the fall of 2016, Henrique sold the company and enrolled at Stanford. After eight months, he dropped out and founded Brex.
How he met his co-founder, Pedro Franceschi, is also the stuff of legend -- via a Twitter argument in 2012. The heated discussion turned into a Skype call that started a long friendship. They founded Pagar.me together, went to Stanford together, did Y Combinator together, and dropped out together to form Brex. The vision was and continues to be to reinvent the corporate credit card.
He currently sits on the boards of Expedia and Mercado Libre and is an advisor at Instituto Alpha Lumen near his hometown.
“I got some legal notifications from Google about some patent thing after starting my first company at 12, I had no idea what patents were… I was just a kid hacker in Brazil.”
“One of the craziest things I ever experienced, the weekend SVB blew up.”
“The hardest part as a leader is figuring out where to spend your time, especially when people around you have many more ‘hours of flight’ managing people.”
HENRIQUE RELATED LINKS
Times Magazine: How SVB Crisis Boosted Brex
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