A lot of the excitement and lure of startups falls on the equity component.  This episode breakdown how founders should think about their stock when starting out, what to do after raising your round, and how to grant options to early employees.  Sign up for Brex by visiting brex.com ..read more

Transparency is popular in tech and it's something people value in their employer.  In this episode of Brex in the Black, Michael (CFO) shares his thoughts on transparency about finances and where to draw the line.   You can sign up for Brex by visiting: brex.com ..read more

This episode of Brex in the Black covers Michael Tannebaum's playbook for running board of director meetings.   The playbook covers everything from  Scheduling Material to send out Who should attend  Post-meeting This was also recently outlined in our Building Brex blog online including a good template, so make sure to give that a read.  You can sign up for Brex by visiting: brex.com ..read more

This episode of Brex in the Black is all about budgets and navigating conflicts they may bring.  It's important to note that budgeting conflicts happen and it’s hard to budget at startups. The important thing is accountability and review.  Learn how Michael Tannenbaum, Brex's CFO, guides the company in this process and internalizes it.  You can sign up for Brex by visiting: brex.com ..read more

We've already covered the future of offices and rethinking the office strategy, in this episode of Brex in the Black, we discuss remote work benefits like utility stipends, meal stipend, at home office benefits for furniture, shared office space in new cities, etc. You'll hear Michael's recommendation to offer remote benefits to build loyalty. You can sign up for Brex by visiting: brex.com ..read more

In this episode of Brex in the Black we talk about the healthy tension your finance team should have with the rest of your company.  Topics:  The Finance team's ultimate task  How does a CFO lose their job?  Maintaining respectful relationships with teams across the org. Focus on the business - frame everything as what is right for the business, do not get into what other groups can or cannot do You can sign up for Brex by visiting: brex.com ..read more

In this episode of Brex in the Black Michael Tannenbaum and Arthur Levy give us their thoughts on how to approach acquihires. Why companies do Acquihires and how to know if yours should Proactive vs. Passive Build pipeline around key properties Building your buckets with your Product team Build brand within the community How to structure your Corp Dev team to “know” what to look for How to objection handle  How to speak to VC’s and let them know what to look for You can sign up for Brex by visiting: brex.com ..read more

In this episode of Brex in the Black Michael Tannenbaum answers a common question he gets from early-stage founders.  "How do I actually go ahead and reimburse myself after I've been spending money on my personal card because I haven't had my business set up and I've incurred all these expenses? You can sign up for Brex here brex.com ..read more

In this episode of Brex in the Black Michael breaks down how he's been rethinking the office strategy after a prolonged period of remote work.  You can sign up for Brex here brex.com ..read more

In this episode of Brex in the Black we go over closing a round of funding and the actual mechanics you need, including legal docs, wires, investor confirmations, diligence, and more.  Topics covered: Post diligence and agreement - what do you What are the docs: Articles - the most critical stuff, especially anti dilution and drag along IRA - co sale , ROFR SPA - actual documents Disclosures  schedule Funding / closing - Pick a date Wire instructions Confirmations / Update your cap table Get the episode transcription here:  brex.com/brexintheblack/episode-18/ You can ..read more