Immad Akhund, founder of Mercury and an angel investor, reflects on the missed opportunity with Scale AI, which is now valued at $14 billion. Initially, he underestimated the potential of the young founders, believing he could run the company better. This experience reshaped his perspective on youth and its untapped potential in entrepreneurship. Akhund highlights that his journey involves recognizing the importance of humility and checking one's ego when investing or advising young startups. He has backed over 350 startups, emphasizing a focus on future trends and billion-dollar potential in his investments.
I think they were like 19 and 20 at the time or something. I think I could run this company better if I was doing it and I didn't see how they were going to figure it out.
There's some power to that youth that's hard to judge, to be honest. You kind of have to suspend belief and say, okay, this person's going to figure out how to run a huge company.
One of the biggest lessons in his investing journey was learning to check his ego. ... But that's not their idea, and it's not even fair to push an idea on other people.
Akhund angel invests in 'things that will seem inevitable 10 years from now and can be $10 billion companies.'
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