A hot startup has covered San Francisco with billboards. Here's why the CEO says the ads are worth every penny
- San Francisco is covered with billboards for Brex, a startup that provides corporate credit cards to startups.
- Plenty of startups find opportunities to brag about spending so little money on marketing, but Brex cofounder and CEO Henrique Dubugras says the ads were worth every penny.
- Brex, which has raised a total of $57 million in funding from Peter Thiel and Y Combinator, spent only $300,000 on the ads plastered on bus stops, buildings, and billboards.
In San Francisco, there are few places to escape them.
Jet-black billboards advertising Brex, a startup that offers the first corporate card for startups, loom over the streets and sidewalks.
The startup appears to have gone all-in on marketing, with posters on bus stops, sides of buildings, and billboards concentrated in the South of Market neighborhood, which is home to many startups.
In a Thursday night fireside chat with Business Insider and Brex cofounder and CEO Henrique Dubugras, a member of the audience asked Dubugras to explain his thinking behind "taking over San Francisco" with billboards and reveal how much the campaign cost. ...
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