Juney retweeted
This is a hard day for the startup community. I’ve got a ton of respect for SVB and deeply understand how stressful this situation is for their customers and employees.
We’ve been hard at work at Mercury to quickly onboard hundreds of customers and provide as much peace of mind as possible. I’ve gotten some questions today about Mercury and our partner banks that I want to address.
Mercury is profitable and growing. We work with partner banks who operate sweep networks to spread deposits across other large, trusted banks (e.g. Goldman, Wells Fargo). This allows us to offer $1M in FDIC insurance, and reduces the risk of any single point of failure.
Customers can also put money into Mercury Treasury to buy mutual funds, including US Gov-backed T-bills (accounts are SIPC-insured up to $500K). This is a great way to diversify where your excess funds are held.
Our partner banks are diversified across multiple industries, not just startups. They've stayed disciplined on investing throughout the low-rate environment & have kept their bond portfolio with short durations, meaning there’s no big mark-to-market risk.
We’re committed to giving all our customers, new and existing, an unparalleled banking experience that you can read more about here: mercury.com/how-mercury-work…
DM/comment me if you have any questions or feedback.
Juney retweeted
It's official.
ODX 🚀
A long time in the making.
If you've started something new or are considering starting something new, ODX is built for you.
Any founders considering applying please reach out. Happy to help you think through if ODX is a fit for you.
Announcing ODX, a $100M accelerator to back the next generation of founders.
• $125k for 7% from us + the community
• Access to our network to hire, fundraise, or find customers
• 100% customized for you
Apply (or invest) today 👇
beondeck.com/x
Juney retweeted
Proud of our alums fueling the same start up ecosystem that took a chance on @airbnb in the first place.
You know something special is happening when your fund announcement shows up in the actual WSJ paper 🥳
Really proud and excited to bring take the @WeAreAirAngels alumni angel syndicate to the next level and infuse some of that Airbnb magic into more startups ✨
Juney retweeted
Often while an organization is growing, we realize things we took for granted — building a great team isn’t easy. Use our scorecard template to plan your organization in a meaningful way. Download the free template to get started at the link.
buff.ly/3exFnt5
Juney retweeted
1/ Thanks to friends, colleagues and 175+ donors for your leadership and joining us to raise $5M to #StopAsianHate
@jeremysliew @lightspeedvp @erickimSF @chchien @GoodwaterCap @gcvp @Initialized @altosvc @ericsyuan
@hanstung @glennsolomon @jrichlive
#StandWithUs
Juney retweeted
Our own Anthony Louis will be in discussion with our friends at Recruiting Innovation on new models for equitable recruiting practices and how you can implement new models into your recruiting process!
RSVP for our upcoming webinar here: buff.ly/2N95V8h
Juney retweeted
We're thrilled to partner with @BLCKVC @AllRaise on the incredibly important topic of reducing bias -- we apply a robust, process-driven approach and we're excited to cheer on Anthony Louis as he shares our Outcomes-Based Hiring methodology with Cindy Gordon!
On 9/16, we are cohosting "Eliminating Bias with Outcomes-Based Hiring" with @AllRaise. Learn how to enable your team to reduce bias in your hiring practices with Cindy Gordon and Anthony Louis. Please share & RT.
allraise.org/events/all-even…
@Policygenius @beacon_talent
Juney retweeted
🎙️Don't miss episode #10 of TA Innovators Radio
Listen here 👉 recruit.ee/podcast-episode-1… 👈
Together with Casey T. from @beacon_talent, we discuss how recruiters can get creative when trying to fill a role, plus more tips on improving your job descriptions.
#recruiterslife
Juney retweeted
Live webcast of Crew Dragon’s test flight with @NASA astronauts @AstroBehnken and @Astro_Doug → spacex.com/launches xitter.cf/i/broadcasts/1MYxNkwYW…
Juney retweeted
The difference between work and meaning/purpose:
“If you want to build a ship, don’t drum up the men to gather wood, divide the work, and give orders. Instead, teach them to yearn for the vast and endless sea.”
- Antoine de Saint-Exupéry
Juney retweeted
“Crazy” is an adjective often used to describe founders. Sometimes it means something good, sometimes it means something bad. So how can you tell the difference? My 2-minute mini pod on founder psychology.
Juney retweeted
We had the opportunity to share our thinking around building scorecards & interview plans with LHV portfolio companies today -- thank you @amandamulay @LererHippeau & thank you @LifeLabsLearn for partnering with us on the workshop!
Today at @LererHippeau, we discussed the value of score carding and well-defined interview plans speaks to how important a thoughtful and structured process is for talent. If you don't have a define process for hiring then there's a much larger chance you'll make the wrong hire.
