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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. Lastly, we were targeting this fairly tight knit community, right?

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The Opening

A VC: Musings of a VC in NYC

We’ve known that once the wave breaks on the shore, there will be enormous opportunities unleashed. What we have been looking for is the consumer opportunity to emerge. I’ve always thought the opening would be at the intersection of gaming, online communities, and social networks. Where enormous opportunity exists.

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The gray revolution: Fundraising within the older adult space

TechCrunch

Lawrence Kosick is the co-founder of GetSetUp , the largest online learning community designed specifically for older adults. We see an emphasis on young founders (“40 Under 40”), innovative ideas and disruptive challenges to legacy brands, incumbent companies and “old” ways of thinking.

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Financial Inclusion for Latinos Gains $4.5M Seed Capital for Latino-founded Neobank

American Entrepreneurship

Comun observed that no incumbent bank offers a full Spanish language banking experience. Comun offers a full banking experience available first in Spanish, bringing the Latino community together around the financial services they need. Comun gained investor support of $4.5M said Mark Selcow, Partner at Costanoa Ventures.

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Amira Yahyaoui wants Mos to be a ‘radical’ fintech startup

TechCrunch

Since its 2017 inception, Mos has opened access to a pool of over $160 billion in financial aid to the more than 400,000 students within its community. We don’t want to be elitist, we don’t want to do this for a very small category of people because we really want to become the incumbent bank in the U.S.,”

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Why the startup sector should keep its eye on the SEC

TechCrunch

Anthony Cimino Contributor Share on Twitter Anthony Cimino , head of policy at Carta , works with policymakers and innovators to drive economic opportunity through expanding equity ownership and private market liquidity. This negative narrative has immense implications for the venture community. This is an inflection point.

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How to Get a CISO to Buy Your Product

Dream It

This presents a huge opportunity for startups. This is your opportunity to highlight it for them. Build credibility with peers The security community is a tight-knight one. Find out how incumbent products you are likely to replace are performing. However, this means that a CISO sees a LOT of pitches in their role.