"Turpentine VC" | Venture Capital and Investing

Erik Torenberg

1 episode

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  E79: Now at $2B Valuation: Mercor CEO On How They Started

  • Mercor, now valued at $2bn, automates staffing by using AI interviews and models to screen candidates and match them with jobs, with over 300,000 candidates assessed.
  • Brendan Foody says Mercor's defensibility comes from marketplace network effects and a usage data flywheel built from more than 1,000 placed roles, and he calls the labor market the largest and most inefficient market in the world.… more

  25 Feb 2025 · 52 min