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JP Morgan’s head of startup banking says ‘Founder Mode’ won’t get you a unicorn | Equity Podcast

Today on Equity, Kirsten Korosec is joined by J.P. Morgan’s Head of Startup Banking, Ashraf Hebela. Following the recent release of J.P. Morgan’s Startup Insights report, Kirsten wanted to dive into what it really takes to build a unicorn in 2024, and what parts of the startup ecosystem are seeing success beyond AI and Silicon…

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Today on Equity, Kirsten Korosec is joined by J.P. Morgan’s Head of Startup Banking, Ashraf Hebela. Following the recent release of J.P. Morgan’s Startup Insights report, Kirsten wanted to dive into what it really takes to build a unicorn in 2024, and what parts of the startup ecosystem are seeing success beyond AI and Silicon Valley. 

The pair discussed the changing landscape, from new startup hubs popping up in Seattle, Austin, and Miami to the resilience and passion required to thrive. Hebela also talked about the decreasing rate of unicorn creation since 2021 and what founders need to keep in mind today – including how ‘Founder Mode’ may do more harm than good.

Equity is a show about the business of startups, where we unpack the numbers and nuance behind the headlines. New episodes drop at 7 a.m. PT every Monday, Wednesday and Friday. Subscribe wherever you get your podcasts.

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2 Comments

2 Comments

  1. @cliftonux

    September 18, 2024 at 4:17 pm

    I think watching the first browsers come in gives you a bit more foresight.

  2. @jamespaceband8569

    September 19, 2024 at 9:53 am

    Nice! Very valuable

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Why the US Military Is Betting on Portable Nuclear

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Radiant has won a $750 million US Army contract to provide 15 portable nuclear microreactors under the Janus program. President and COO Tori Shivanandan discusses the technology behind the reactors, the military’s push for resilient energy, and what Radiant needs to do next to scale production. She joins Ed Ludlow on “Bloomberg Tech.”
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The IA40 list from Madrona is back, spotlighting the private companies shaping the next phase of AI. Matt McIlwain, managing director at Madrona, explains how the list is assembled, why OpenAI, Anthropic and Databricks dominate AI fundraising, and how a successful Anthropic IPO could open the door for a new wave of public offerings in 2027. He joins Ed Ludlow on “Bloomberg Tech.”
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Nvidia Deepens Chip Ties With $3.5 Billion MediaTek Bet | Bloomberg Tech 8/31/2026

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Bloomberg’s Ed Ludlow breaks down Nvidia’s $3.5 billion investment in MediaTek, deepening its collaboration with the Taiwanese chipmaker and demonstrating how the AI leader plans to tackle Big Tech efforts to build custom silicon. Plus, a look at Tim Cook’s last day as CEO of Apple before John Ternus takes the reins on September 1st. And, all eyes on Anthropic as it prepares to file publicly in the coming weeks.
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