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20VC Exclusive: Mercury Founder Launches First $26M Fund | Why Founders Should Take the Highest Price | Why Serial Entrepreneurs are Better | Why AI Is So Overhyped | The Future of Venture Capital with Immad Akhund

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Manage episode 482196820 series 73567
Content provided by The Twenty Minute VC and Harry Stebbings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Twenty Minute VC and Harry Stebbings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Immad Akhund is the CEO of Mercury. Launched in 2019, Mercury has raised $500M in funding from Sequoia, Coatue, CRV, Andreessen Horowitz and others. He is a former part-time partner at Y Combinator and is an active angel investor, with more than 350 investments in startups including Rippling, AirTable, Rappi, Applied Intuition, and Substack.

In Today’s Episode We Discuss:

04:38 Exclusive News: New Fund Announcement

05:15 Lessons from 350 Angel Investments

12:27 Why Founders Should Always Push for the Highest Price

14:40 Biggest Wins and Misses in Angel Investing

22:56 How Sequoia Came to Lead the Series C for Mercury

31:32 Why Move From Angel to VC

33:41 Is It Wrong For Founders to Also Have Funds with LP Capital?

36:28 AI Investments: Overhyped or Worthwhile?

41:14 Raising a First Time Fund: Challenges & Surprises

49:47 The Future of Venture Capital

54:36 Quickfire Questions and Reflections

  continue reading

1324 episodes

Artwork
iconShare
 
Manage episode 482196820 series 73567
Content provided by The Twenty Minute VC and Harry Stebbings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Twenty Minute VC and Harry Stebbings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Immad Akhund is the CEO of Mercury. Launched in 2019, Mercury has raised $500M in funding from Sequoia, Coatue, CRV, Andreessen Horowitz and others. He is a former part-time partner at Y Combinator and is an active angel investor, with more than 350 investments in startups including Rippling, AirTable, Rappi, Applied Intuition, and Substack.

In Today’s Episode We Discuss:

04:38 Exclusive News: New Fund Announcement

05:15 Lessons from 350 Angel Investments

12:27 Why Founders Should Always Push for the Highest Price

14:40 Biggest Wins and Misses in Angel Investing

22:56 How Sequoia Came to Lead the Series C for Mercury

31:32 Why Move From Angel to VC

33:41 Is It Wrong For Founders to Also Have Funds with LP Capital?

36:28 AI Investments: Overhyped or Worthwhile?

41:14 Raising a First Time Fund: Challenges & Surprises

49:47 The Future of Venture Capital

54:36 Quickfire Questions and Reflections

  continue reading

1324 episodes

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