Brex 3.0: Inside the Radical Turnaround with Pedro Franceschi
Grit7 Huhti

Brex 3.0: Inside the Radical Turnaround with Pedro Franceschi

Guest: Pedro Franceschi

Pedro Franceschi is the co-founder and CEO of Brex, a fintech company reshaping how businesses manage their finances.


Originally from Brazil, Pedro went from teenage hacker to leading one of the most well-known names in modern financial technology—building a platform trusted by startups and enterprises alike.


In this episode, Pedro shares what it took to launch “Brex 3.0,” why he moved to a single-CEO model, and how tough structural changes set the stage for leaner, faster growth.

Chapters:
00:00 Trailer
00:46 Introduction
01:45 Startup roller coaster
05:21 Founders know how to have fun
07:12 Belief barrier evolution
12:00 Early state of life in Brazil
13:23 Controlling variables
15:32 Screen time
19:23 Making small decisions
23:27 Learning raises the bar
26:15 People manager
38:49 Getting underwater
42:05 Growth accelerated
47:51 Vision from the top down
52:13 Leadership organization
54:01 AI software engineering physics
54:43 People complain about change
59:42 Believers and non-believers
1:04:09 Equity and bonus controversy
1:08:40 Big swings and going public
1:14:15 Control in unpredictability
1:18:04 Living in a pixel

1:19:52 Meditate, sleep, diet, exercise

1:24:36 Mental health and stress
1:33:12 Who Brex is hiring
1:33:49 What "grit" means to Pedro
1:34:39 Outro

Mentioned in this episode: Silicon Valley, Facebook, Meta Platforms, Inc., Mark Zuckerberg, Mastercard, Rio de Janeiro, iPhone, Bill Gates, Tim Urban, Jony Ive, Apple Inc., LinkedIn, Salesforce, Brian Chesky, Airbnb, Anthropic Claude, Cursor, Codeium Windsurf, Cognition Labs Devin, Vercel, Retool AI, Amplitude, Spenser Skates, Elon Musk, Tesla, Inc.

Links:

Connect with Pedro:

Connect with Joubin:

This episode was produced by Kleiner Perkins and edited by IQvideo.

The trailer and distribution for this episode were handled by Atomik Growth.

Learn more about Kleiner Perkins

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President, Global Strategic Customers at Salesforce, Jim Steele: Measuring Your Facetime

President, Global Strategic Customers at Salesforce, Jim Steele: Measuring Your Facetime

Jim Steele, President of Global Strategic Customers at Salesforce, is the man, the myth, and the legend who helped increase Salesforce’s revenue from $22 million to over $5 billion. Working since he was 10 years old to support his family, Jim’s drive and ambition are still just as strong today as he views new challenges and opportunities with a “beginner’s mindset.” As Jim puts it, his 43-year career in sales is a series of stories–in this episode, he reflects on poignant moments that helped shape who he is as a leader in the industry. Jim offers anecdotes from his early days at IBM and paints a vivid picture of Wall Street in the ‘80s. Through his stories, Jim emphasizes an important theme—building authentic relationships—and explores the value of remembering people’s names and faces. Jim also discusses the incredible growth of Salesforce, offers takeaways from his 12-year experience, and opens up about his return to the company. In this episode, we cover: Chateau de Steele: the story behind Jim’s Beaver Bar. (01:30)How Jim became the first Chief Customer Officer, ever - and he describes the lasting effect of his first job at 10 years old. (04:46)Jim’s perspective on humility and sincerity - and what he says to people who are not motivated at their job. (09:16)“IBM was the boot camp of sales training”: A key takeaway from Jim’s experience at IBM’s sales school and how it set the stage for success on Wall Street. (13:59)Through the “three-martini lunches” story, Jim explores Wall Street in the ’80s and the value of building trusted relationships. (21:47)Jim’s insight on developing personal connections and the value of remembering names and faces. (28:15)A look at Jim’s unconventional Salesforce interview experience - and why the Salesforce culture doesn’t accept “armchair quarterbacks.” (38:29)Jim reflects on the positive impact of his sabbatical and how COVID-19 gave him a new perspective on work/life balance. (48:09)How Jim adapts Marc Benioff's LVI methodology (listen, validate, and inspire) to his work - and a conversation about cultivating genuine relationships and active listening as a seller. (53:08)Jim’s perspective on empowering salespeople - and why Salesforce’s unique offering has everything to do with its customers. (01:04:31)What led Jim back to Salesforce, why he loves what he does, and what’s next. (01:13:28)Links:Connect with JimLinkedInSalesforceConnect with JoubinTwitterLinkedInEmail: gtmg@kleinerperkins.com Learn more about Kleiner Perkins

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CMO Attentive, Sara Varni: Cold Beer and Cheeseburgers

CMO Attentive, Sara Varni: Cold Beer and Cheeseburgers

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3 Tammi 20221h 8min

CRO Nextdoor, Heidi Andersen: Nurturing an Elastic Mind

CRO Nextdoor, Heidi Andersen: Nurturing an Elastic Mind

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CMO Rippling, Matt Epstein: Building the Supermarket of SaaS

CMO Rippling, Matt Epstein: Building the Supermarket of SaaS

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20 Joulu 20211h 7min

CMO TripActions, Meagen Eisenberg: The Joy of Living in Awkward

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13 Joulu 20211h 12min

CRO Unqork, Philip Lacor: Playing the Infinite Game

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6 Joulu 20211h 8min

CBO Duolingo, Bob Meese: Carrying Culture Through Language

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29 Marras 202155min

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CRO Pendo, Jennifer Brannigan: Un-designing Your Leadership Path

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