Finance
Brex startup spent only $300K to cover San Francisco with billboards
-
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.
When you realize you are living in an alternative dimension, not the real US. Bus stop ad in SF on way to #GoogleNext18. Brex, the card for when you don’t know if or when you will get your next funding round. pic.twitter.com/6xeZ0BYq03
— Phil Edholm (@PEdholm) July 25, 2018
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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