Insiders explain how $3 billion fintech unicorn Brex went from a $150 million raise to laying off 17% of its staff in a matter of days

Business Insider

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· On May 29, Brex, a three-year-old fintech that had skyrocketed to a $3 billion valuation, laid off 62 members, or roughly 17%, of its staff.  It had announced a $150 million fundraise less than two weeks prior.
· Among those cut was Paul-Henri Ferrand, Brex's recently hired COO, along with senior employees on the customer...

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