ABOUT THIS EPISODE
Since 2006, Immad Akhund has been investing in and building startups. But he always struggled with working with traditional banks to run his startups, especially as a non-US resident. He figured someone else would solve it, but the issue was still on the table by the time he exited his fourth startup in 2017. So, he launched Mercury, a bank for startups that now is a fintech unicorn valued at $1.62 billion. On the side, Akhund also is an angel investor of 240-plus startups, many of which are unicorns.
Listen to Nathan and Immad discuss:
- How failure hooked him onto entrepreneurship
- The origins of Mercury as a fix for startup banking
- How he used Twitter to earn customers
- Why the journey is better than the end result
- Where he invests in future-state startups
- What makes a strong entrepreneur
- Why your small customers matter
- Common mistakes startups make with banks
- And much more fintech advice…
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