Founders in Arms

Recent Episodes

91
Oct. 5, 2026

What Acquirers Really Buy: Lessons from Superhuman's Rahul Vohra

Rahul Vohra is the founder of Superhuman, the email client that was acquired by Grammarly. Grammarly has since taken on the Superhuman name, and Rahul now leads Superhuman Mail. Before Superhuman, he built Rapportive, the first Gmail extension to scale to millions of users. LinkedIn acquired it 20 months after its first line of code. Rahul studied computer science at Cambridge, ran Cambridge University Entrepreneurs, and went through Y Combinator in Summer 2010. In this episode, Immad Akhund an
90
Sept. 18, 2026

Stephen Balaban on 14 Years of Lambda and the Future of AI

Stephen Balaban is co-founder and, as of a recent leadership change, CTO of Lambda, the AI cloud infrastructure company he and his twin brother started in 2012. It took five pivots — augmented reality, a facial-recognition contact book, a camera embedded in a baseball cap, the AI image app Dreamscope, then finally workstations and servers — before Lambda found a business that made money in 2017. Along the way, Stephen kept the company alive by consulting on the side, including projects with Airb
89
Aug. 31, 2026

Handshake's $2 Billion Pivot: Garrett Lord on Building the Data Layer for AI

What if the company students use to find their first internship became one of the most important players in training AI? Garrett Lord, co-founder and CEO of Handshake, joins Immad Akhund and Raj Suri to break down Handshake's unlikely pivot. Handshake started as a way to help college students — regardless of where they went to school — find internships and jobs, and grew into a $200M+ ARR business used by most students in America. But over the last 18 months, Garrett has built a second business
88
Aug. 21, 2026

Founders in Arms #101: Cursor, OpenRouter, and What's Next in AI

This week, Immad and Raj sat down for a wide-ranging catch-up on the biggest stories in tech right now — from record-breaking acquisitions to what they're each giving AI access to in their own lives. The conversation kicks off with the OpenRouter-Stripe acquisition and Cursor's $60B deal, and what both say about investing in "obvious" ideas when the underlying trend is right. From there, Immad and Raj get into the economics of secondary markets (including Immad's own purchases of SpaceX and Ant
87
Aug. 14, 2026

Building Brokerage 2.0: Direct Indexing and Tax Alpha with Mo Al Adham

Mo Al Adham is the founder and CEO of Frec, a brokerage platform he describes as "brokerage 2.0" — building on core trading primitives to offer more sophisticated strategies like direct indexing, long-short direct indexing, and options overlays. Before Frec, Mo co-founded Twitvid, an early video-for-Twitter startup, and later spent five years at Twitter. He founded Frec in 2021 and launched the product in October 2023. What you'll learn: Why the $1-30M wealth segment — about 10 million US house
86
July 10, 2026

Ethics, Pivots, and the Future of Work: A Live Q&A with Vercel's Guillermo Rauch

Guillermo Rauch is the co-founder and CEO of Vercel, the company behind Next.js, and previously created the widely-used Socket.io library. In this special episode, recorded live in front of an audience, Guillermo joins Immad Akhund and Raj Suri for an open Q&A covering pivots, ethics, investors, and the future of work in the age of AI. What you'll learn: The difference between a "lowercase p" pivot (refining focus) and an "uppercase P" pivot (starting over) — and how to know which one you need

Reviews

Super informative

"Love hearing the backstories of the founders on the pod and what drives them! So much value in each listen."

March 25, 2025 · EliWright25

Founders like me, but further along

"This show is like being coached by a massively more successful colleague. It’s super deep and super conversational and delivered by gents who have seen it all scaling and come out on the other side. …"

April 2, 2025 · Suebeaux

Best podcast about founders and startups

"Really enjoy listening to this one - tonnes of valuable insights and great stories from several experienced entrepreneurs"

May 13, 2025 · Everand88

About the Hosts

Immad Akhund Profile Photo
Immad Akhund

Founder, Mercury

Immad Akhund is the Co-Founder and CEO of Mercury, the company trusted by more than 100,000 startups for banking*. He co-founded the company in 2017 after years of dealing with the hurdles in traditional banking as an entrepreneur. Launched in 2019, Mercury has raised over $163M from a16z, CRV, Coatue, and others.

Born in Pakistan and raised in the U.K., Immad immigrated to the U.S. to join Y Combinator with his previous startup Heyzap (acquired by Fyber). He is a former part-time partner at Y Combinator and is an active angel investor, with more than 300 investments in startups including AirTable, Rappi, Papa, Deel and Substack.*Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust, Members FDIC.

Rajat Suri Profile Photo
Rajat Suri

Founder, Presto

Rajat ‘Raj’ Suri is the Founder and CEO of Presto. While a Ph.D. student at MIT in 2008, Raj got the idea to build the Presto Tablet while trying to split a bill with his fellow graduate students from MIT and Harvard. To understand the restaurant industry more clearly, he decided to abandon his Ph.D. and spent a year as a waiter, testing the first prototype of the Presto with guests. Previously, he was a Co-Founder of Zimride, now called Lyft, the popular ride-sharing company. While attending university Raj served on the Board of Directors of FedS, the corporation representing the interests of the students of the University of Waterloo. Earlier, he was the Founder and President of the Forum for Independent Thought, Canada’s first student think tank. Raj holds a bachelor’s in chemical engineering and economics from the University of Waterloo. He also attended a Ph.D. / MBA program at MIT. He enjoys playing tennis and soccer and is an avid film buff.