 
            
              immad
            
            @immad
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              CEO @Mercury. Investor: @RappiColombia, @Airtable, @Rippling, @SubstackInc, @AppliedInt, 300+. Cohost of Founders in Arms Podcast.
              
              San Francisco, CA
            
            
              
              Joined July 2007
            
            
           Over the years, I have tried to share learnings from my startups and seed investing. Decided to combine my startup tweets+tweetstorms into a tweethurricane. Here are my learnings + advice, from pitching investors to getting through the journey: 
          
                
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             no more chasing down screenshots at 11:59 pm, we made receipt matching smarter. you can now set up gmail rules to auto-forward merchant emails to receipts@mercury.com, and we will match them to the right transaction… no uploads required. just saved time to continue building 
          
                
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             Had an issue with my mic for podcasts and several engineers from the @RiversidedotFM team (including the CEO) showed up to help debug the issue. Thats why every single podcast recording I go to uses them. They care about making a sick product. Thanks for finding the fix! 
          
                
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             Congrats to Cartesia on the new $100m raise! Building the best real time voice models. (disclaimer: small/proud investor) 
           We've raised $100M from Kleiner Perkins, Index Ventures, Lightspeed, and NVIDIA. Today we're introducing Sonic-3 - the state-of-the-art model for realtime conversation. What makes Sonic-3 great: - Breakthrough naturalness - laughter and full emotional range - Lightning fast - 
            
                
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             Excited for Mercury to be featured in the Startup AI Playbook from @lovable_dev
          
           I made an AI playbook to help new founders reach PMF faster, with input from Patrick Collison, Immad Akhund, and Paul Copplestone. 
            
                
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             Every startup needs a nucleus of a story that convinces investors, team and customers to join. At @TechCrunch Disrupt, I’ll share my framework for writing 2 sentences that can best explain your startup – and help as many founders as I can shape their stories. Come by Mercury’s 
          
                
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             Iqram Magdon-Ismail (@iqramband) built @Venmo with one clear mission: help musicians get paid. Walk through New York today and every street performer has a Venmo sign. That's what happens when you start with a real problem, not a market opportunity. He made a sharp point on our 
          
                
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             AI bubble getting out of control... 
           so we raised a new round, but haven't told anyone yet our investors are like, hey put our money to use how come burn isn't going up i gotchu fam introducing burn rate by runway an award winning, blind taste-tested (by me!) hot sauce, wrapped in a genuine $100 bill for $13.99 
            
                
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             I have got to that stage in my American-ness where I no longer refresh my expired British passport. Should I bother? 
          
                
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             We need a Survivor where all the contestants are billionaires. Would be great. 
           Anduril Founder @PalmerLuckey wants @bariweiss to help him get on @survivorcbs ⚔️🏝️ “I apply every year.” “I don’t think I can win. I’m too rich… what jury is going to vote for a billionaire to win $1M? It’s not gonna work. I’m going to be next to some poor mother of 4 kids.” 
            
                
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             While Silicon Valley is debating whether we need UBI because AI will eliminate human purpose, DC is not worried about AI doom. They're not worried about mass unemployment. The technology just doesn't feel urgent to them. The gap between the people building AI and the people 
          
                
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             Product-market fit doesn't exist in AI the way it does in other markets. Iñaki Berenguer, in his conversation with us, pointed out the fundamental problem: you can have PMF today, but in six months the market has completely changed. By definition, product-market fit means your 
          
                
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             'Silicon Valley creates trillion-dollar companies. But the trains don't run on time.' @danwwang pointed this out on @FoundersInArms: America hasn't failed everywhere, but it only works well for a narrow slice of people. We've mastered building companies that reach 
          
                
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             Today we're launching Tasklet — an AI agent for automating your business. Unlike ChatGPT, @TaskletAI actually does the work for you: connecting to your tools, triggering automatically, and handling tasks while you sleep. 
          
                
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             40% of Iñaki Berenguer's time as CEO went to HR while scaling CoverWallet. Not just hiring, the real time sink is what comes after: one-on-ones, retention conversations, maintaining the founder access that people joined for. At 200 employees, quarterly check-ins alone consume 
          
                
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             It’s just insane how good grapes in California taste. If you haven’t had any recently go try them. (Maybe they are great everywhere in the US. But UK grapes don’t compare) 
          
                
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