38 min listen
463: Why Small Customers Matter with Immad Akhund of Mercury
463: Why Small Customers Matter with Immad Akhund of Mercury
ratings:
Length:
43 minutes
Released:
Jun 9, 2023
Format:
Podcast episode
Description
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…
Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.
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Magazine
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…
Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.
Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs.
Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now...
For more Foundr content, follow us on your favorite platform:
Foundr.com
YouTube
Magazine
Released:
Jun 9, 2023
Format:
Podcast episode
Titles in the series (100)
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