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Brex: Monthly Email to the Board

Dear BoD -

Please find a brief update below on our progress in March, which wrapped up a solid Q1.

Company Growth & Performance

  • Explain your growth for that month and # of customers
  • How did it compare to what you had predicted––did you under-deliver or over-deliver? Explain why in both cases.
  • If you launched a new product, explain how it is doing

Company Challenges

  • List your top 2 to 3 challenges
  • What are you doing to address those challenges?
  • What is your confidence level on resolving these soon vs. where you see significant gaps?

Hiring

  • Explain your current headcount
  • How many new hires next month you expect and close rates
  • Highlight key new hires
  • If you have done any acquisitions, explain that here

Open Positions

  • List your open positions here (especially senior execs)
  • You can also ask questions around the positions you are trying to fill
  • Ask for help on specific ones

Target Partnership Opportunities

  • If you are looking for introductions to specific partners, list those here

Monthly KPI deck

  • If you have a monthly KPI deck attach that here

Best,

Cofounders

Comments

Confidential & Proprietary