56 min listen
E1: Brex COO/CFO Michael Tannenbaum on Taking Risks
From"Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy
E1: Brex COO/CFO Michael Tannenbaum on Taking Risks
From"Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy
ratings:
Length:
44 minutes
Released:
Aug 27, 2023
Format:
Podcast episode
Description
On the inaugural episode of Run The Numbers, the COO/CFO of Brex, Michael Tannenbaum, joins host CJ Gustafson to talk through a wide-range of finance, business, and personal growth strategies. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/metrics
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SPONSORS:
NetSuite provides financial software for all your business needs. More than thirty-six thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: http://netsuite.com/metrics and defer payments of a FULL NetSuite implementation for six months.
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X / TWITTER:
@cjgustafson222 (CJ)
@TurpentineMedia (Turpentine)
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TIMESTAMPS:
(00:00) Episode Preview
(2:25) CJ's opening monologue: on risk
(6:56) Start of CJ and Michael's interview
(7:14) Michael's key to longevity in his role at Brex
(8:09) The startup hierarchy of needs
(11:25) Two key signs of market validation at Brex
(12:54) On taking the leap from SoFi to employee #1 at Brex
(16:03) Sponsor: Netsuite
(17:54) The key differences and considerations in being CFO of a fintech company
(20:36) Michael on strategy for build vs. buy vs. partner M&A decisions
(25:14) Michael's family CFO lineage
(26:32) Where to find great talent
(29:24) What does Michael look for in terms of talent profile?
(31:22) Brex co-CEO dynamic
(34:00) How Brex arrived at the decision to move away from serving SMBs
(36:20) Long-ass lightning round: an example of when Michael screwed up on the job, advice for his younger self, Brex's finance software stack, the craziest thing someone has tried to expense
---
SPONSORS:
NetSuite provides financial software for all your business needs. More than thirty-six thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: http://netsuite.com/metrics and defer payments of a FULL NetSuite implementation for six months.
---
X / TWITTER:
@cjgustafson222 (CJ)
@TurpentineMedia (Turpentine)
---
TIMESTAMPS:
(00:00) Episode Preview
(2:25) CJ's opening monologue: on risk
(6:56) Start of CJ and Michael's interview
(7:14) Michael's key to longevity in his role at Brex
(8:09) The startup hierarchy of needs
(11:25) Two key signs of market validation at Brex
(12:54) On taking the leap from SoFi to employee #1 at Brex
(16:03) Sponsor: Netsuite
(17:54) The key differences and considerations in being CFO of a fintech company
(20:36) Michael on strategy for build vs. buy vs. partner M&A decisions
(25:14) Michael's family CFO lineage
(26:32) Where to find great talent
(29:24) What does Michael look for in terms of talent profile?
(31:22) Brex co-CEO dynamic
(34:00) How Brex arrived at the decision to move away from serving SMBs
(36:20) Long-ass lightning round: an example of when Michael screwed up on the job, advice for his younger self, Brex's finance software stack, the craziest thing someone has tried to expense
Released:
Aug 27, 2023
Format:
Podcast episode
Titles in the series (59)
E4: The Unexpected Qualities of Great CFOs with Public.com’s Sruthi Lanka: On episode four of Run The Numbers, Sruthi Lanka (CFO of Public.com) joins host CJ Gustafson to discuss the unexpected qualities of great CFOs, how to manage your team well and achieve great retention, how to build relationships across company stakeholders, and more. by "Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy