#sequoia Tech News.
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StartupsTechCrunchabout 3 hours ago
Mercor's Brendan Foody calls out Sequoia over 'dual-pricing' valuation tricksBrendan Foody, co-founder of AI talent platform Mercor, accused Sequoia of using dual-tranche investments where a lower valuation is hidden behind a higher headline figure. Foody wrote on X that founders misrepresent the higher valuation to employees and angels. Sequoia's Shaun Maguire pushed back on the characterization.
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