Immad Akhund: Thesis-driven funds are inferior to broad investing strategies
Immad Akhund · 20VC Exclusive: Mercury Founder Launches First $26M Fund with Immad Akhund · 20VC with Harry Stebbings · May 12, 2025 · at 59:11
Immad Akhund is the CEO of Mercury and an active angel investor with over 350 startup investments.
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“I tend to, for deals I receive, I actually think thesis driven funds are not that great. Like I think it's better to have like a broad, broad investing strategy, but for deals that I receive, I kind of like thesis driven funds because I'm like, okay, they know that space really well and they tend to be good at picking it.”
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