Founder at @CentralHQX (Acquired by @Mercury) // 2X YC founder
Boston
Joined June 2011
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Huge news: @CentralHQX has been acquired by @mercury!
24 months ago, we had zero customers and revenue.
Since then:
- Hundreds and hundreds of startups rely on Central
- We've processed nearly $200M in payroll
- 30% of our customers switched from traditional HR/payroll platforms
- We built one of the first AI agents in Slack
Turns out founders want outcomes, not just another dashboard.
When we first met @immad, @MattRHeiman, and @rywiggs and the rest of the Mercury team, it just made sense.
Most of our customers were already using them and they had the same obsession of helping startups and SMBs. And together, we can actually automate the entire back-office now.
Grateful to our customers, investors and our entire team.
Most importantly, thank you to my co-founders @jbwyme and @prankash. Couldn't have done this without y'all.
More to come!
NILAY retweeted
1/ The FDIC just approved @Mercury Bank, N.A.'s application for deposit insurance.
One step closer to opening Mercury Bank!. There is still work between here and opening Mercury Bank’s virtual doors, which should happen in 2027.
I started Mercury in 2017 because I wanted to build the bank I wished had existed when I was running my previous companies. Going from a fintech with bank partners to a tech company with an actual bank has been the vision from the beginning.
Every time I read stuff like this I like to imagine Steve Jobs throwing up curdled puke with kernels of corn in it.
I thought this was about $SNAP
Ohh Nolan making the classic first-time founder mistake of listening to what users say instead of what they actually do and pay for.
Christopher Nolan says AI is a “Trojan horse that everybody knows the Greeks are inside”
“The funny thing with AI, I think it's actually pretty fascinating to see how in the last few years it's taken over Wall Street and the world of business and investment. I've never seen a technology advancing so rapidly, so completely rejected by the public”
“Everybody's suspicion of it is so extreme, particularly young people. The reactions to AI videos online. People my children's age immediately calling it ‘AI slop’ and coining that term and just putting it in a box, which I think is a very healthy skepticism”
“Technology is always going to give us great gifts, but it has to be viewed with skepticism. The motives of the people giving it to us also have to be viewed with skepticism. That's when we'll get the best out of a new technology rather than just blind faith that everything's going to be great”