Mercury

includes Mercury Spend, Mercury IO Card

9 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Oct 8, 2023 by Karri Saarinen · said 104 times in 13 episodes since 2023 · across every show →

Mentions by year, the whole family

brought up most by Lenny Rachitsky (102), Karri Saarinen (1), Jeff Weinstein (1)

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007.521542023202420252026episodesmentions per episode
2026 31 mentions in 3 episodes 10 per episode
2025 18 mentions in 2 episodes 9 per episode
2024 27 mentions in 4 episodes 7 per episode
2023 28 mentions in 4 episodes 7 per episode

every mention, scene by scene, with the transcript →

Everything said about Mercury, oldest first

Oct 8, 2023
Assertion Not checkable as stated
Thousands of companies, including Block and Ramp, use Linear
“Today some of the top growth companies, like, Block, Vercel, Ramp, Retool, Mercury, and Substack are building with Linear. We also additionally have lots of other companies, like thousands of other companies using, using Linear.”
Karri Saarinen Oct 8, 2023 ▶ 4:50 Inside Linear: Building with taste, craft, and focus | Karri Saarinen (co-founder, designer, CEO)
Jan 12, 2025 neutral
Assertion Not checkable as stated
Mercury has grown its product management team to about 30 PMs
“Now we have about 30 PMs across the company, and I think it's, you know, split between junior and more experienced PMs, but it's about half, more than half are senior PMs with managers baked in there somewhere.”
Rohini Pandey Jan 12, 2025 ▶ 6:29 How to build your product team from scratch, attract top product talent, go multi-product, and more
Jan 12, 2025 neutral
Insight
Pandey: Housing new product teams inside mature orgs starves new products of resources
“Having new product areas, new seedlings being too close within the, like, true org structure to the core banking or payments or mature products made it hard for that new product to even grow because they were always being, Pulled in, sucked in the gravitationa…”
Rohini Pandey Jan 12, 2025 ▶ 46:56 How to build your product team from scratch, attract top product talent, go multi-product, and more
Jan 12, 2025 positive
Insight
Pandhi: Fintech products require precise UI details to earn customer trust
“Especially when you're in like a boring industry, like fintech, meaning like it's just Unsexy. There's not a lot of you know, it's not like this consumer exciting app, but you need the details to be precise, to be intentional in order to breed that trust and c…”
Rohini Pandey Jan 12, 2025 ▶ 37:13 How to build your product team from scratch, attract top product talent, go multi-product, and more
Jan 12, 2025 neutral
Assertion Not checkable as stated
Mercury operated with no PMs until reaching roughly 400 employees
“Prior to two years ago, there were no PMs at the company, and I think at that time, there was probably close to 400 employees across Mercury. I'd say at least half of them were in some level of, like, the R&D role, so engineering, design, those types of Core r…”
Rohini Pandey Jan 12, 2025 ▶ 6:02 How to build your product team from scratch, attract top product talent, go multi-product, and more
Jan 12, 2025 negative
Assertion Not checkable as stated
Pandey: Mercury's converted business leads struggled with core PM competencies
“The problem with that became they weren't PMs. They didn't have experience in the PM role. And so kind of the core, maybe the basics of what product management needed internally were missed. Like, strategic planning wasn't exactly right, or road mapping was re…”
Rohini Pandey Jan 12, 2025 ▶ 11:45 How to build your product team from scratch, attract top product talent, go multi-product, and more
Jan 12, 2025 neutral
What-if
Mercury regrets waiting until 400 employees to hire product managers
“And I think in hindsight, we should probably done the official transition to the PM role a lot sooner, but you know, hindsight's always twenty-twenty.”
Rohini Pandey Jan 12, 2025 ▶ 12:17 How to build your product team from scratch, attract top product talent, go multi-product, and more
Jan 12, 2025
Disclosure
Pandey: Mercury uses open-topic presentations to evaluate PM craft and depth
“A good example is we still go through, we have this mercury presentation in our interviews. And it's, the prompt is very, very generic. It's like, just talk about something that you're interested in and talk in depth to a panel about it. And what we're really …”
Rohini Pandey Jan 12, 2025 ▶ 18:22 How to build your product team from scratch, attract top product talent, go multi-product, and more
Jan 12, 2025
Insight
Pandhi: Do not attempt to revenue-optimize immediately after launching new products
“I think that's a really important lesson of don't go from launch to try to like revenue optimize or find that efficiency immediately. I think you, what we really want is to give away that the second product, the third product for free encourages much usage and…”
Rohini Pandey Jan 12, 2025 ▶ 1:00:55 How to build your product team from scratch, attract top product talent, go multi-product, and more
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