"I think just being annoyed about the world is quite a useful attribute as a CEO... why does it have to be like this?" @immad has built @mercury with extreme helpfulness and irrational effort at the core its product philosophy. Watch: Dialectic 57: The Art of Irrational Effort Immad Akhund is a 4x founder who decided banking didn't need to suck, especially given how central it is to every entrepreneur's journey. Nearly a decade in, he hopes to fight decay and build a company that gets better over time, not worse. 1-in-3 startups use Mercury, and he's betting that the next 10 years of entrepreneurship will be greater than the last. Timestamps: (0:00) Opening Highlights (1:50) Intro: Immad Akhund (4:16) Start: Banks and Why Immad Was Suited to Build One (20:30) What Traditional Banks Do Well & What Mercury Got Right (29:33) Why Mercury Wants a Bank Charter (35:57) What's Scarce When Software Is Easy (49:00) Becoming the Default for New Entrepreneurs (53:34) Product: 100 Little Things Better (1:06:51) The Right to Win (1:09:19) Brand as Care (1:15:19) Culture and Being Extremely Helpful (1:22:51) Command, Agents, and AI (1:34:26) Ambition, Investing, and Leading (1:46:54) Family, Pakistan, and America (1:52:56) Money, Freedom, and Energy Available below and all platforms.

57: Immad Akhund - The Art of Irrational Effort

54: Ian Rogers - Never a Spectator | @iancr

.@iancr on how to get really good at failure: - Get good at recovering. - Leave room to try again. - Judge the attempt, not yourself. Watching pros skate his vert ramp, he noticed that "the number one thing they're better at than you is falling.” “Once you’re skilled at failure, you're untouchable." "Now you’re just learning, because there’s only two outcomes: you win, or you learn.”

Bankers are a lot friendlier when you want to borrow $10 million. @immad, CEO of @mercury, on why banks put more effort into winning your loan business than improving your deposit account: lending is where they make their money. “They need deposits to serve those loans, but it’s never been a place where they’re trying to differentiate or be competitive.”

"I think just being annoyed about the world is quite a useful attribute as a CEO... why does it have to be like this?" @immad has built @mercury with extreme helpfulness and irrational effort at the core its product philosophy. Watch: Dialectic 57: The Art of Irrational Effort Immad Akhund is a 4x founder who decided banking didn't need to suck, especially given how central it is to every entrepreneur's journey. Nearly a decade in, he hopes to fight decay and build a company that gets better over time, not worse. 1-in-3 startups use Mercury, and he's betting that the next 10 years of entrepreneurship will be greater than the last. Timestamps: (0:00) Opening Highlights (1:50) Intro: Immad Akhund (4:16) Start: Banks and Why Immad Was Suited to Build One (20:30) What Traditional Banks Do Well & What Mercury Got Right (29:33) Why Mercury Wants a Bank Charter (35:57) What's Scarce When Software Is Easy (49:00) Becoming the Default for New Entrepreneurs (53:34) Product: 100 Little Things Better (1:06:51) The Right to Win (1:09:19) Brand as Care (1:15:19) Culture and Being Extremely Helpful (1:22:51) Command, Agents, and AI (1:34:26) Ambition, Investing, and Leading (1:46:54) Family, Pakistan, and America (1:52:56) Money, Freedom, and Energy Available below and all platforms.

mercury’s unfair advantage is that they just do the obvious things that every bank should have done 15 years ago

"I think just being annoyed about the world is quite a useful attribute as a CEO... why does it have to be like this?" @immad has built @mercury with extreme helpfulness and irrational effort at the core its product philosophy. Watch: Dialectic 57: The Art of Irrational Effort Immad Akhund is a 4x founder who decided banking didn't need to suck, especially given how central it is to every entrepreneur's journey. Nearly a decade in, he hopes to fight decay and build a company that gets better over time, not worse. 1-in-3 startups use Mercury, and he's betting that the next 10 years of entrepreneurship will be greater than the last. Timestamps: (0:00) Opening Highlights (1:50) Intro: Immad Akhund (4:16) Start: Banks and Why Immad Was Suited to Build One (20:30) What Traditional Banks Do Well & What Mercury Got Right (29:33) Why Mercury Wants a Bank Charter (35:57) What's Scarce When Software Is Easy (49:00) Becoming the Default for New Entrepreneurs (53:34) Product: 100 Little Things Better (1:06:51) The Right to Win (1:09:19) Brand as Care (1:15:19) Culture and Being Extremely Helpful (1:22:51) Command, Agents, and AI (1:34:26) Ambition, Investing, and Leading (1:46:54) Family, Pakistan, and America (1:52:56) Money, Freedom, and Energy Available below and all platforms.

"I think just being annoyed about the world is quite a useful attribute as a CEO... why does it have to be like this?" @immad has built @mercury with extreme helpfulness and irrational effort at the core its product philosophy. Watch: Dialectic 57: The Art of Irrational Effort Immad Akhund is a 4x founder who decided banking didn't need to suck, especially given how central it is to every entrepreneur's journey. Nearly a decade in, he hopes to fight decay and build a company that gets better over time, not worse. 1-in-3 startups use Mercury, and he's betting that the next 10 years of entrepreneurship will be greater than the last. Timestamps: (0:00) Opening Highlights (1:50) Intro: Immad Akhund (4:16) Start: Banks and Why Immad Was Suited to Build One (20:30) What Traditional Banks Do Well & What Mercury Got Right (29:33) Why Mercury Wants a Bank Charter (35:57) What's Scarce When Software Is Easy (49:00) Becoming the Default for New Entrepreneurs (53:34) Product: 100 Little Things Better (1:06:51) The Right to Win (1:09:19) Brand as Care (1:15:19) Culture and Being Extremely Helpful (1:22:51) Command, Agents, and AI (1:34:26) Ambition, Investing, and Leading (1:46:54) Family, Pakistan, and America (1:52:56) Money, Freedom, and Energy Available below and all platforms.

56: Miles Grimshaw - Back Down the Mountain

.@iancr on the delicate arithmetic of love (courtesy of Jimmy Iovine’s dad): “If the cat is bigger than the shit, keep the cat. If the shit gets bigger than the cat, get rid of the cat."

I have always said understanding accounting is underrated. I now realize understanding finance — specifically discount rates — is underrated as well. Long but excellent.