标签：#founders

The email arrives. "Mercury will not be able to support your business at this time. We will not be able to provide additional details about this decision." You spend the next two weeks building an appeal: residence permit, business plan, tax registration, customer contracts, the whole file. You attach a polite cover letter explaining that you are not in Russia, not a sanctioned individual, fully compliant. Mercury either does not respond or sends the same boilerplate back. By week three you have decided you did something wrong, that your business is somehow tainted, that you will never get a US bank account. None of that is true. The reject was a system response, and once you can see the arithmetic driving it, the next move gets obvious and the spiral stops. The math behind an auto-decline OFAC violation penalties start at roughly $1 million per transaction. The annual revenue from a single diaspora-founder account at Mercury sits somewhere between $50 and $500. On top of that sits reputational risk: one Bloomberg story about "the fintech serving sanctioned Russians" damages the next funding round, strains banking partner relationships, and invites regulatory attention. Run those numbers and an auto-decline on an RU or BY passport signal becomes the rational move for the fintech, even when the overwhelming majority of flagged applications are perfectly legal. The downside of a single miss outweighs the upside of correctly clearing every legal applicant. What you are looking at is a company optimising against an asymmetry: maximum downside, minimal upside, per application. There is no judgement of you anywhere in that calculation. How the decline actually happens A KYC submission includes a passport scan, residence permit, and business documents. The decisioning system flags an RU or BY passport regardless of where you live, how the company is structured, or where the revenue comes from. Human review exists, but it triggers only when the signal-to-noise ratio is exce

Ryan Beiermeister, who demonstrated cool analysis in the Founders Fund YouTube series "Mafia," has joined the firm as a partner.

Marc Lou read a tweet, slept on it, and woke up still annoyed. The tweet, from Pieter Levels, was about all the fake revenue screenshots on X. By the next evening Lou had built a thing to fix it. By the day after that, the thing had made $20,378. That is the part everyone retweets. I want to walk you through it, and then I want to show you the line in his own year-end letter that complicates the whole legend. The setup Lou got fired by Tai Lopez in November 2021, was broke and depressed, and moved to Bali. He started shipping tiny products in public, copying the playbook of, yes, Pieter Levels. His breakout was ShipFast , a Next.js starter kit that did $40,000 in its first month in September 2023. By December 2025 he was running 15 startups generating about $84,900 a month, with cumulative revenue past $2.26 million, per his verified TrustMRR data. The reason I trust his numbers more than most is that he verifies them through Stripe on his own product, TrustMRR , which brings me to the 24-hour story. The moment something worked, absurdly fast TrustMRR exists to kill fake MRR screenshots. You connect a read-only Stripe key, and it shows your verified revenue on a public page nobody can edit. Lou built it in a day on top of his own boilerplate, which is the cheat code here. He was not starting from zero, he was starting from ShipFast. "TrustMRR is 24 hours old and was built in 24 hours." @marc_louvion on X He monetized it with sidebar ad slots. He listed them at $299 a month, then raised the price each time one sold, all the way to $1,499. In his newsletter he wrote that within three days every slot was gone and the side project had made $20,378. He called it the third fastest-growing thing he has ever built. Five days in, he posted the run-rate dream out loud. "20/20 spots filled! TrustMRR went from $0 to $18,380 MRR in 5 days. That's $220,000 ARR if I'm allowed to dream a little" @marc_louvion on X It kept going. By December 2025 TrustMRR was his single biggest inco

The debut episode, moderated by Founders Fund chief marketing officer Mike Solana, included a star-studded cast of current tech luminaries.

Layup Parts co-founder Zack Eakin has drawn on a motorsports background, and his experience working for Palmer Luckey and Elon Musk, to tackle making faster, cheaper, and better composites.

Speaking to TechCrunch, Crunchbase’s head of research Gené Teare, said the factors holding back Black founders include “access to networks, relationships, and early introductions."