@immad

CEO @Mercury. Investor: @Etched, @Deel, @AppliedInt, @Stoke_Space, @DecagonAI, @Substack, 300+. Cohost of @FoundersInArms

 San Francisco, CA
mercury.com
Joined July 2007
  • Tweets10K
  • Following2.6K
  • Followers931K
561Media
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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Mercury
@mercury8h
“Bump Priya’s salary to $120,000” Mercury Command* reads the request, checks current compensation, requests the effective date of the change, and drafts the change for approval.
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ARR = Annual Recurring Revenue 95% of the time I see ARR nowadays it’s non recurring revenue. Recurring used to refer to sticky contracted revenue now it often refers to token or payments revenue Should we redefine ARR as Annualized Revenue Rate rather than fight the usage?
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(banking + cards + books + payroll) x agents = sick
immad
@immadOct 20
1/ Hiring your first employee is one of the biggest moments for a founder. But payroll, taxes, benefits, and compliance are far more complicated than they need to be. Now with AI we can make the pain of payroll go away. @Mercury Payroll* launches today!
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1/ Hiring your first employee is one of the biggest moments for a founder. But payroll, taxes, benefits, and compliance are far more complicated than they need to be. Now with AI we can make the pain of payroll go away. @Mercury Payroll* launches today!
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3/ Like the rest of Mercury’s products, Payroll works with our AI agent, Command.* Ask Command to update an employee’s salary and it checks current compensation, requests the effective date of the change, then prepares the changes for you to confirm. Or ask Command to help set a new employee up on payroll and cards and it can get it started for you in the same conversation.
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4/ With payroll alongside banking**, cards, spend management, accounting and more, everything you need to run your business and truly understand your money is now in one place. Get started now: mercury.com/payroll *Mercury Payroll is offered by Mercury Technologies, Inc. Certain services are provided by Central Benefits and Insurance Services LLC, a Mercury affiliate, and by third-party partners, including Check Technologies, Inc. and Check Payments LLC. AI-generated information may be incomplete or inaccurate and should not be relied upon as legal, tax, or accounting advice. You are responsible for reviewing and confirming information before submitting or approving payroll actions. **Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.

Mercury Payroll | Payroll Built into Your Bank Account

Full-service payroll handled by AI and a team of experts, built into the account you already use.

mercury.com
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immad retweeted
Tasklet
@TaskletAIOct 19
Our integration with @mercury is now live. Now you can get daily financial reports, analyze spending & burn, reconcile payments, flag unusual transactions, and more, right from Tasklet.
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Excited to announce @Mercury crossing $1bn/yr in revenue and 450k customers. Just getting started!

Mercury crosses $1B in annualized revenue, 450K+ customers

Article · @immad
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Link to podcast: newcomer.co/p/mercury-crosse…

Mercury Crosses $1 Billion Annualized Revenue, CEO Shares on the Newcomer Podcast

I sat down with Mercury CEO Immad Akhund

newcomer.co
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Great Muse use case unlocked. Now reads all emails and app comms from my kids school and tells me any forms and events I need to know. Been a pain to track for years.
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sara is one of the engineers behind MCP actions in this note, she shares how we designs and built the experience that enables safe money movement via AI agents - a ton of tiny details went into it to make the user experience easy and powerful
Mercury
@mercuryOct 16
AI agents are usually handed a simple task: Book the reservation. Send that email. Update that spreadsheet. But what happens when the thing you’re asking it to do is move your money?

When your AI agent can move money, who gets the final say?

Article · @mercury
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The first 4 times I saw this I thought it was an AI video. Literally rocket technology in a car. Completely unnecessary. But I really want it!
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1/ Starting today you can take actions on your @Mercury business and personal accounts right from your agent (ChatGPT/Claude/etc) via the MCP. Our MCP already let you ask questions about your accounts.* Now it can move money too (with your approval).
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4/ AI agents are great, but they’re not foolproof yet. Mercury sits between your agents and your money to keep you in control: an agent can initiate moving money, but Mercury only completes the transfer after you approve it with a quick tap. And you can revoke an agent's access at any time.
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5/ Plenty of tools let you connect to an MCP to get your financial information, but that information is not that useful if you can’t act on it. We’re now let you take action on business and personal accounts from ChatGPT, Claude and your other agents. Founders build with tools that can keep up with them. That's why they pick Mercury. *Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC. AI-generated responses and suggested actions may vary and are not guaranteed. Please review outputs before taking action.
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JPMC: Blocks Muse and Instinct agents. Mercury: Exponential growth in MCP usage (graph attached!). You can't fight the future.
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immad retweeted
Mercury
@mercuryOct 13
In honor of Mercury Books, the very first Mercury Book: Luca Pacioli: Ancient Double-Entry Bookkeeping, re-designed, re-issued, and published by Mercury. Get yours while they last → mercury-drops.com/products/p…
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