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June 2, 2025 44 mins

In this episode of Change Order, Jason Shuman (General Partner at Primary) sits down with Arthur Levy (Chief Business Officer at Brex) to hear his extraordinary journey, from his venture capital roots to becoming an indispensable operator at Brex.


Arthur shares the pivotal decisions that shaped his path, reveals how to form strategic partnerships, and unpacks the significance of grit and personal connections in the business world.


Learn Arthur’s playbook for networking with authenticity and how he made the successful transition from investor to operator.


Connect with Primary: https://primary.vc/people


00:00 Introduction

01:29 How Arthur made the jump from investing to operating as Brex's CBO

06:56 How Arthur pitched to Brex his perfect role

09:56 Betting your career on a startup's founders

11:28 Brex's positioning and market change

13:15 What defines the best founders

16:08 Advice for young investors considering a career as a VC

18:30 Balancing being blunt and being effective as an operator

22:03 Dealing with rejection with business partnerships

24:18 How Arthur and Brex thinks about competition

25:33 The challenges Brex faced to validate their first product

27:44 The power of networking in the right circles

28:55 What is a Chief Business Officer?

29:56 Lessons from Arthur's role at Brex for evaluating the best talent

32:24 Why Art prioritises in-person meetings and showing up

34:13 What Arthur's father taught him

36:16 Where Arthur got his business acumen

37:02 The winning culture at high-performing companies

38:39 How to assess the drive of founders

39:40 Being open to cold outreach messages because "no's are free”

42:18 Tactical advice to make intros as easy as possible


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