Career
06/10/2023

The Youngest Billionaires in Brazil

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Note: It's crucial to watch the video as the content is more complete with videos of the guys at the beginning of their careers and real tips. This post will be a summary, but I guarantee it's worth it. Only in Portuguese sorry =(

Now, let's dive into the content.

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Introduction

Can you imagine two teenagers receiving extrajudicial notifications from billion-dollar giants like Apple? Today, we'll delve into the extraordinary story of Brazil's two youngest billionaires, Pedro and Henrique.

Passion for Technology and Challenges

Henrique, passionate about video games, decided to learn programming to play online for free with his friends.

Meanwhile, Pedro, a challenge enthusiast, gained attention by unlocking the first version of the iPhone, resulting in legal notifications, including one from Apple.

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The Twitter Encounter

Pedro and Henrique met in 2012 on Twitter (which is now X), sharing a passion for programming (by the way, if you want to join me on X, @lorenaporphirio).

They were discussing the best text editor for programming, and from this discussion, a great friendship emerged, propelling them to pursue their dreams in the technology field.

Failed Projects

The friendship grew, and they started several projects, but most were unsuccessful. However, the passion for technology persisted. Even at a young age, they had a clear vision of the future, both eager to embark on entrepreneurship, regardless of setbacks.

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PAGARME: A Game Changer

In 2013, while still finishing high school, Pedro and Henrique founded PAGARME, a payment company that revolutionized physical business scenarios, facilitating payments for entrepreneurs.

The rapid growth of PAGARME attracted investors, including André Street, founder of StoneCo. André's mentorship boosted the company, eventually leading to its acquisition by StoneCo, providing a millionaire return for Pedro and Henrique.

With this success, Pedro and Henrique decided to return to their studies.

A New Opportunity

After selling PAGARME, the young entrepreneurs decided to study at Stanford but only for four months. Sensing a new opportunity, they dropped out of college to start Brex.

Brex: Transforming the Reality for Startups

Identifying the bureaucracy faced by startups when dealing with banks, Pedro and Henrique created Brex. The company offers innovative solutions, such as the rapid issuance of credit cards in just five hours, streamlining access to credit for growing businesses.

With investors like Pete Thiel and Max Levchin, PayPal's founders, Brex grew rapidly, reaching an estimated valuation of 10 billion dollars. Today, with over 1000 employees, the company continues to innovate in the financial solutions market for entrepreneurs.

With estimated 1.5 billion dollars each, at 26 years old, Pedro and Henrique are just getting started.

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If you're considering starting your project, don't miss Henrique's valuable tips on when to start, how to begin, and what to do when launching a new venture.

Conclusion

Pedro and Henrique's extraordinary journey shows that passion, resilience, and a clear vision of the future can lead to unimaginable achievements. Be inspired by their story, and as Henrique advises, embark on your project with determination and confidence. The future may hold incredible surprises for those who dare to dream big.

OFFTOPIC

We've reached 500 subscribers on YouTube. Thank you so much to everyone who follows and encourages me in any way, truly.

Until next time!

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Lorena Porphirio