When Silicon Valley Bank collapsed over 48 hours in March 2023, it marked the third-largest bank failure in United States history and the largest since the 2008 financial crisis. But the fintech company Mercury was willing and ready to save the day for startups in need, landing $2 billion in new deposits in five days. That's what it looks like when a founder who thinks about a problem all the time is ready to seize the moment when it arrives.

In this episode, Mike Maples, Jr. of Floodgate speaks with Mercury co-founder and CEO Immad Akhund about why  more than 200,000 of the world's most ambitious companies trust Mercury with their money, and why the company’s success was no accident. A prolific angel investor with a history of backing more than 350 startups including Ripple, Airtable, and Substack, Akhund had been living inside the startup ecosystem for years, and knew firsthand all about the challenges founders faced with banking. “In some ways the idea seems obvious to me,” Akhund  says. “There’s no reason banking has to be broken.”

 

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Lyft co-founder John Zimmer helped spark a movement to revolutionize transportation, but the road was never a smooth one. Zimmer and co-founder Logan Green had to outmaneuver entrenched taxi monopolies and rewrite the rules of urban mobility on the fly, all while scaling a business model that many experts insisted was a logistical impossibility and battling Uber co-founder Travis Kalanick for market supremacy. In this episode, Mike Maples, Jr. of Floodgate speaks with Zimmer about a variety of different essential lessons from Lyft’s journey, including his ability to spot anomalies and create a genuine breakthrough. They also discuss the origins of and strategy behind Lyft’s iconic pink mustache logo, how Uber operatives tried to bring Lyft down, and why he’s always taken the answer “no” as an invite for a conversation.   Check out the Pattern Breakers Blog at patternbreakers.substack.com for even more Pattern Breaking content from Mike.   Mike's book Pattern Breakers is available now wherever you buy books. Follow Mike on X!

 When Amplitude launched in 2012, the analytics market looked crowded, and the company spent more than a year struggling to find any traction. But co-founder and CEO Spenser Skates prioritized truth seeking over narratives. He studied the outcomes of past Y Combinator batches and noticed a simple rule: Most companies died before they even learned enough to make something that people want. All Amplitude had to do was survive.

In this episode, Mike Maples, Jr. of Floodgate speaks with Skates about that crucial realization and how his company preserved through its first two years on the map, why he’s never been afraid of failure, Amplitude’s surprising early adopters, the value of learning sales skills, and how he tries to raise the bar for the company even higher amid all of its success.

 

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When Wade Foster was a kid growing up in Jefferson City, Missouri, there weren’t many models for how to carve out a career in entrepreneurship. But when he and his friend Bryan Helmig developed an easier way to help users connect web-based applications, they ushered in what would eventually become Zapier, a remote automation giant that’s now worth an estimated $5 billion and is ideally positioned for the AI era. In this episode, Mike Maples, Jr. of Floodgate speaks with Foster about his early days in Missouri and his first impressions of Silicon Valley, the concept of seed-strapping and how the company has thrived despite raising just $1.3 million, the importance of making constant contact with reality, and why Zapier is the perfect model for how to build a large-scale company while challenging virtually every part of the conventional wisdom.   Check out the Pattern Breakers Blog at patternbreakers.substack.com for even more Pattern Breaking content from Mike.   Mike's book Pattern Breakers is available now wherever you buy books. Follow Mike on X!

 Spreadsheets were originally designed for finance people. But when Howie Liu and his co-founders started Airtable in 2012, they had a deeper insight that a spreadsheet-database hybrid could be used by anyone for just about anything, including project management, content calendars, recipes, and even travel itineraries. Now the company is valued at an estimated $4 billion, and it’s a prime example of why showing a real difference with your product is vital for achieving breakthrough success. In this episode, Mike Maples, Jr. of Floodgate speaks with Liu about the original idea behind Airtable and the company’s early days of development, as well as why it took the company roughly two years to release a product to the public. They also discuss the value of visual metaphors and magical capabilities and how they helped Airtable differentiate from competitors in the market, as well as how Airtable is preparing for the future of AI.   Check out the Pattern Breakers Blog at patternbreakers.substack.com for even more Pattern Breaking content from Mike.   Mike's book Pattern Breakers is available now wherever you buy books. Follow Mike on X!

Long before he attended Stanford, founded software giant Trilogy, or became the youngest member of the Forbes 400, Joe Liemandt wrote a high school paper about the potential for a futuristic technology called Artificial Intelligence. Four decades later Liemandt sits in the principal’s chair at Alpha School, an AI-powered private school founded in Austin, Texas with a revolutionary approach to learning and ambitious plans for the future. In this episode, Mike Maples, Jr. of Floodgate speaks with Liemandt about what an average school day looks like at Alpha School, why kids can still excel with just two hours of focused academics per day, how the school teaches grit and self-confidence, what he’s looking for from pattern-breaking entrepreneurs eager to join his team, and what it was like to be stuck in an elevator with Maples, his college roommate at Stanford.   Check out the Pattern Breakers Blog at patternbreakers.substack.com for even more Pattern Breaking content from Mike.   Mike's book Pattern Breakers is available now wherever you buy books. Follow Mike on X!

Mårten Mickos isn't the kind of CEO who tries to dream up world-changing ideas or invent brand new markets. Perhaps best known for leading MySQL to becoming a $1 billion success story that powered Facebook, Google, and YouTube, Mickos also led teams at Eucalyptus and HackerOne and has consistently shown an ability to convert the potential energy of an idea into the kinetic energy of execution. In this episode, Mike Maples, Jr. of Floodgate speaks with Mickos about the essential lessons he’s learned from being a CEO, the importance of developing curiosity in the startup world, and why it’s essential to know your genius, own your gaps, and surround yourself with people who carry the tools you don't.   Check out the Pattern Breakers Blog at patternbreakers.substack.com for even more Pattern Breaking content from Mike.   Mike's book Pattern Breakers is available now wherever you buy books. Follow Mike on X!

 Best known as the CEO who helped transform Google from a promising startup into one of the best businesses in human history, Eric Schmidt has recently become one of the most important voices in the global conversation about artificial intelligence. He’s co-written two books on the subject including the New York Times bestseller Genesis: Artificial Intelligence, Hope, and the Human Spirit, co-written with longtime friend Henry Kissinger. He goes beyond examining what AI can do, and asks larger questions about the implications on human judgment, dignity, diplomacy, and democracy when intelligence is decoupled from morality.

In this episode, Mike Maples, Jr. of Floodgate speaks with Schmidt about  how AI is transforming human agency, global stability, and the very nature of innovation, from personal super intelligence to geopolitical risk. The conversation dives deep into the moral, philosophical, and strategic stakes of AI's rise, and what it means for the future of humanity.

 

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At just 13 years of age, Pedro Franceschi was one of the first to jailbreak the iPhone. By the time he was 15 he had co-founded a payments company that would process over a billion in transactions. And by the time he was in his early 20s, helped transform a last minute YC pivot into Brex, one of the most iconic fintech breakout stories of the decade. In this episode, Mike Maples, Jr. of Floodgate speaks with Franceschi about how he made headlines and found startup success in his native Brazil, why he traded it in for stints at Stanford and YC, how mental burnout can destroy a business, and why adaptive flexibility can be a vital founder superpower, if you build it like a muscle with practice, commitment and time.   Check out the Pattern Breakers Blog at patternbreakers.substack.com for even more Pattern Breaking content from Mike.   Mike's book Pattern Breakers is available now wherever you buy books. Follow Mike on X!

 The most successful founders don't usually chase startup ideas. Instead, they're pulled toward problems they can't ignore. Back in 2009,  Mitchell Hashimoto set out to fix what frustrated him by hacking nights and weekends, open sourcing the tools he wished had existed for over a year. His quiet persistence and commitment to fixing the problem ignited one of the decade's most influential cloud companies: HashiCorp. In this episode, Mike Maples, Jr. of Floodgate speaks with Hashimoto about those early days, building Vagrant to streamline dev setup, the dawn of HashiCorp, and the tough decisions Hashimoto faced when hiring a CEO and deciding if he should sell the company he built from scratch.   Check out the Pattern Breakers Blog at patternbreakers.substack.com for even more Pattern Breaking content from Mike.   Mike's book Pattern Breakers is available now wherever you buy books. Follow Mike on X!

For startups in the zero to one phase, finding product-market fit isn't everything. It’s the only thing. And there are few people in the entrepreneurial world better at solving the product-market fit puzzle than Jake Knapp, who helped build Microsoft Encarta and Gmail, co-founded Google Meet, and has advised teams at Miro, Slack, LEGO and NASA on product strategy and time management. Knapp also wrote the New York Times bestseller Sprint, and he’s a guest instructor at Harvard Business School. In this episode, Mike Maples, Jr. of Floodgate dives into the details of Knapp’s new book Click, which  helps founders figure out who your customer is, what problem they have, how your idea stands out, and how to test your idea quickly to see if it really works. The book offers 12 important lessons, a step-by-step playbook, and memorable stories from Nike, Microsoft, Google, and Slack, and helps founders to stop guessing and start building something people truly need.   Check out the Pattern Breakers Blog at patternbreakers.substack.com for even more Pattern Breaking content from Mike.   Mike's book Pattern Breakers is available now wherever you buy books. Follow Mike on X!