Rampell was the first investor in SMB bank Mercury
Alex Rampell · Alex Rampell: The Best Founders Materialise Capital, Customers & Labour | The Future of Venture · 20VC with Harry Stebbings · Jan 12, 2026 · at 22:47
Alex Rampell is a General Partner at Andreessen Horowitz. He cites Mercury to illustrate how startups grow by serving new business creations rather than poaching existing customers from incumbents.
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“Like, I was the first investor in Mercury the, you know, SMB bank, and like, until SVB failed, I don't think they never stole a customer from SVB.”
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