Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale | TechCrunch
Briefly

Franceschi will become the sole CEO while Dubugras will become chairman of Brex's board.
The co-founders believe that having two CEOs could be a bottleneck to the company's growth by keeping its leadership from making faster decisions.
They also feel like when they eventually do go public - something they don't anticipate doing until 2025 or later - that investors will be more attracted to a traditional model.
Read at TechCrunch
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