Newcomer Podcast
Newcomer Podcast
Podcast Description
A podcast about Silicon Valley, hosted by newsletter writer and independent journalist Eric Newcomer. Listen in for interviews with the dealmakers and builders who matter. Subscribe to newcomer.co for summaries of the episodes plus tech industry news, scoops, and analysis. www.newcomer.co
Podcast Insights
Content Themes
The podcast focuses on technology and venture capital, with themes including AI advancements, Silicon Valley's political dynamics, and startup funding trends. Episodes dive into specific issues such as the implications of AI policy under different administrations, the performance of venture capital after market shifts, and the ramifications of major company investments like ServiceTitan's IPO and Google's quantum breakthroughs.

Hi, I’m Eric Newcomer. With this podcast, I dive straight into the heart of the tech industry, interviewing top investors and founders. I’m bringing my sensibility as someone who understands the inside story of Silicon Valley but who is happy to poke and prod as to why the tech world operates like it does.
If you want first-person and insider information delivered to your newsletter, subscribe to my podcast at newcomer.co on Substack.
Mercury CEO Immad Akhund on the AI startup funding frenzy, agents that spend money, and the future of banking.
Immad joins Eric Newcomer to discuss building Mercury to $1 billion in annualized revenue, competing with JPMorgan Chase, and developing financial tools for AI agents. What happens when an agent can move money, make purchases, or help run a business? They explore the controls and human oversight those tools need, plus the possibility of companies with no employees.
As a founder and active angel investor, Immad also explains why he sees signs of a startup funding bubble. With 10 or 20 funded companies competing in categories that once attracted just one or two, he argues that plenty of AI startups and their investors will lose, even as the technology creates major winners.
The conversation also covers Y Combinator valuations, building AI tools in-house instead of buying software, and why Mercury is hiring more as its engineers adopt AI.
Subscribe to Newcomer for conversations with the founders and investors shaping Silicon Valley.
Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.

Disclaimer
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