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Mercor’s Brendan Foody calls out Sequoia, accusing it of ‘dual-pricing’ valuation tricks

TechCrunch AI · 2026-06-09 Cached

Brendan Foody, co-founder of AI talent platform Mercor, publicly accuses Sequoia of using dual-pricing valuation tricks where the lead investor gets a lower valuation while a higher headline price is announced, drawing pushback from Sequoia partner Shaun Maguire.

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