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My First 16: Competing in a Crowd of Incumbents with Mercury’s Immad Akhund

Andreessen Horowitz

In this episode, a16z partner Seema Amble talks with co-founder and CEO of Mercury Immad Akhund about the idea of a minimum delightful product in fintech, doing the spreadsheet math on unit economics early on, and how to compete in a category already filled with incumbents. Immad Akhund: Sure. Everything was quite painful as an entrepreneur.

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Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round

TechCrunch

Geopagos , a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. Founded in 2013, the Argentinian startup serves as a white label infrastructure software provider, with the aim of giving businesses the ability to launch financial services.

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Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter

TechCrunch

I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm , Natasha Mascarenhas and me riff on all things startups! It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g. Welcome to my weekly fintech-focused column.

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Together raises $20M to build open source generative AI models

TechCrunch

According to one source, generative AI startups raised $1.7 There’s scores of competition, including incumbents like OpenAI and Anthropic. Prakash previously founded social media search platform Topsy, which was acquired in 2013 by Apple, where he later became a senior director. billion in Q1 2023, with an additional $10.68

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Harry’s files paperwork for fresh $139.9M financing

TechCrunch

A year after the FTC blocked Harry’s from getting acquired by Edgewell Personal Care, the direct-to-consumer razor startup raised $155 million in Series E financing to give it a $1.7 The new funding gives the company just over $791 million in total known funding since the company was founded in 2013, according to Crunchbase data.

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The Breakout Tech Company Of 2018

Haystack

It’s that time of year, where I — as a committee of one judge, me — select one startup in the tech ecosystem that “broke out” and has the makings of an even larger outcome should things continue to go right. It’s entirely possible the trend lifts these companies in due time, as well.

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Request for Startups: Climate Tech

Y Combinator

Y Combinator has funded well over 100 climate tech startups , and together they are worth over $10B. These startups offer commercial solutions to decarbonize society or remove carbon from the atmosphere. There are several ways startups are addressing this already. Improving permitting speed.

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