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Growth @Mercury

San Francisco Katılım Mayıs 2009
11 Takip Edilen374 Takipçiler
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Mercury
Mercury@mercury·
AI making it easier to start companies is the plot twist nobody saw coming. Except we kinda did. 2.5x apps this quarter. @immad with the data → @MTSlive
MTS@MTSlive

SITUATION ANALYSIS: At a new $5.2B valuation, Mercury is seeing a surge in new startup formation. Mercury CEO @immad says applications into Mercury were up 2.5x in Q1 compared to last year, and roughly 75% of its customers are within six months of incorporation. His read: AI is not just creating AI startups, it is making it easier to start normal businesses too. “In Q1 this year, we saw a 2.5x increase in number of applications into Mercury.” “75% or so of our customers tend to be within six months of incorporation.” “Most entrepreneurs would say AI is making their life easier. You can build much bigger companies with a small set of employees.” “I think there is a surge of entrepreneurship.”

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Ankur Nagpal
Ankur Nagpal@ankurnagpal·
New USVC Investment: We just invested $5M in the @mercury Series D with a16z, Sequoia Capital, TCV, CRV and others This investment was directly on the cap table with no underlying fees or carry Here's why we are so bullish on @immad and team:
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hlth
hlth@hlth·
@theojaffee Carmel Valley Ranch is amazing. Some hard trail running up the back.
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Theo Jaffee
Theo Jaffee@theojaffee·
Just pay the California extortion fee bro
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Carl Hua
Carl Hua@carlhua·
Mercury is the best bank we have used so far - especially its "perks" feature. I literally just go to @mercury perks before signing up for any SaaS at this point - and usually there is a 3 digit credit partnership with one of the service providers.
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Julia Turc
Julia Turc@juliarturc·
Why so many of us feel career-homeless in tech: >Startups full of fraud, grifters and short-term thinking >FAANG full of politics and slightly behind >Frontier labs in a race with no morals >Academia full of title collectors >Content creation ridden by AI fakes and sensationalism Who is starting the renaissance and how do I get in touch with them?
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hlth
hlth@hlth·
The only advertiser missing on this bus is Fogo de Chão @fogorestaurants
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erin griffith
erin griffith@eringriffith·
A detailed and brutal look at the tactics of buzzy AI compliance startup Delve "Delve built a machine designed to make clients complicit without their knowledge, to manufacture plausible deniability while producing exactly the opposite." substack.com/home/post/p-19…
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hlth
hlth@hlth·
I always thank Claude. Feels like a low-cost insurance policy.
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Cursor
Cursor@cursor_ai·
Composer 2 is now available in Cursor.
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Mercury
Mercury@mercury·
dwarkesh patel (@dwarkesh_sp) gave open claw a mercury card loaded with ~$250 and asked it to plan a date for him... here's what happened ↓
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Mercury
Mercury@mercury·
we know your best ideas aren’t confined to four office walls. they happen on a bench at mission dolores park. over a cappuccino at café angolo. with a 360° view of the city from mount davidson. so we built a living map of ambition for san francisco. … and we want to know your spot.
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Peter Steinberger 🦞
Peter Steinberger 🦞@steipete·
The amount of crap I get for putting out a hobby project for free is quite something. People treat this like a multi-million dollar business. Security researchers demanding a bounty. Heck, I can barely buy a Mac Mini from the Sponsors. It's supposed to inspire people. And I'm glad it does. And yes, most non-techies should not install this. It's not finished, I know about the sharp edges. Heck, it's not even 3 months old. And despite rumors otherwise, I sometimes sleep.
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hlth
hlth@hlth·
brex wifi: buyAmEx2024 reality: capital one
Eric Glyman@eglyman

Congrats to @pedroh96 and the Brex team on the acquisition. Major testament to what you and the team have built, and we have a lot of love for the leadership team at Capital One If you need any restaurant recommendations in McLean, I have many fond memories here

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hlth
hlth@hlth·
Choosing to build something that lasts
immad@immad

Yesterday we (@mercury) submitted our applications for a national bank charter and for federal deposit insurance. This is the first step in a long process and nothing changes for customers today. I am incredibly proud of everyone at Mercury that helped us get here.

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