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

TechCrunch·June 9, 2026

Brendan Foody of Mercor has accused Sequoia of employing "dual-pricing" tactics, where the same equity is sold at two different prices. This practice is allegedly used by top firms, with Sequoia being one of them, to manipulate valuation. Foody's accusation suggests that Sequoia's valuation methods may be misleading. The accusation highlights a potentially deceptive practice in the investment industry.

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