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Atmrix

About

DC

Dalton Caldwell

08/30/19

@ Y Combinator

The founders of Brex had prior experience in fintech, which contributed to their success after pivoting, demonstrating the importance of founder-market fit.

Video

YC

Dalton Caldwell - All About Pivoting

@ Y Combinator

08/30/19

Related Takeaways

MS

Michael Seibel

04/29/23

@ Y Combinator

Brex's founders spent time with potential customers to understand their complexities, allowing them to quickly ship a relevant product.

DC

Dalton Caldwell

08/30/19

@ Y Combinator

Brex pivoted from a VR hardware headset idea to a credit card for startups, achieving product-market fit quickly and raising hundreds of millions in just two years.

MS

Michael Seibel

04/29/23

@ Y Combinator

Brex pivoted from a VR headset idea to understanding the needs of other founders, which led them to develop a product that addressed real customer pain points.

JF

Jared Friedman

11/18/22

@ Y Combinator

A good example of founder-market fit is PlanGrid, where the founders had relevant experience in the construction industry and the technical skills to build the product.

YC

Y Combinator Cast

07/22/23

@ Y Combinator

The experience of Founders is critical in determining the success of a startup, as they can adapt and pivot effectively based on their excitement and suitability for the idea.

DC

Dalton Caldwell

05/10/19

@ Y Combinator

The founders of Breck's changed their idea within weeks of funding, demonstrating the importance of speed in finding a successful concept.

YC

Y Combinator Cast

07/22/23

@ Y Combinator

Brex started as a virtual reality headset company but pivoted back to payments after realizing they lacked the necessary hardware expertise.

DC

Dalton Caldwell

05/10/19

@ Y Combinator

Breck's, a credit card for startups, pivoted from a VR headset idea to a successful business by quickly realizing their initial idea wasn't viable and iterating through multiple concepts.

YC

Y Combinator Cast

02/08/25

@ Y Combinator

When pivoting, founders should consider their areas of expertise, as this can lead to more viable startup ideas that align with their unique skills and experiences.