TL;DR: Brex’s $5.15B sale to Capital One reflects both its post-2023 comeback, exiting on the upswing (re-accelerating growth to 50% YoY at $700M in annualized revenue and nearing cash-flow positive) and that it still faces the daunting task of transitioning from a majority interchange model to an enterprise SaaS, AI platform and network to drive multiple expansion. For more, check out our full report and dataset...