I really liked the dynamic credit card generator, and Brex Travel was luxurious...
Also, I'm curious what the new cut off is, and who their new customers are. Is the new downturn causing their "strategy change"?
I think one thing being lost in translation here is that Brex considers small businesses to be different from startups, and it's an important distinction internally that is likely getting lost externally.
For example, we just acquired Pry to help with founders at small startups figure out financial projections and needs. If you're an early stage funded startup, Brex is probably still a good fit.
The policy cited here is more about no longer being a good fit for "traditional" small businesses.
Lawncare business = not a startup.
Like Uber, but for lawncare = startup.
Small business never will go profitable for them so they don’t want to waste time on it.
Think “enterprise”.
Of which you, nor anyone else here, can clearly define.
Hilarious, indeed.
I really hope Mercury doesn't pull the same stunt.