The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 8 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Brex Boasts a 0% Non-Payment Rate and Zero Customer Defaults
“We actually have zero percent not payment today. So we never had a customer default.”
Brex is Growing Gross Merchandise Volume 50% to 70% Month-Over-Month
“Growth rates we're growing between 50 and 70% month over month. So since we, you know, raised our round, we already grew like five X or something like that.”
Brex Expects Its Required Warehouse Equity Backstop to Drop to 2%
“As we become more mature, the markets the capital markets start trusting us more. So that number can go down to 10, five, two, two percent. So over time, I'll need less capital than I need today.”
Brex Founders Initially Entered Y Combinator With a Virtual Reality Concept
“And in the middle of Stanford, we got into Y Combinator and in Y Combinator was actually a virtual reality idea. And inside Y Combinator, we actually pivoted to Brex.”
Brex Has Captured Nearly 80% Penetration Among Y Combinator Startups
“We're close to 80 today. But you know, there's still plenty left to go.”