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Silicon Valley Billionaire Launches AI Startup, Hits $10B Valuation

11/30/2025

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Summary

Story summary

Brendan Foody, a Silicon Valley billionaire, and his co-founders launched Mercor, an AI recruiting startup, after a hackathon in São Paulo.
The platform automates hiring and reached a $1 million run rate within nine months.
A $350 million funding round raised Mercor’s valuation to $10 billion.
Foody dropped out of Georgetown, explaining that his three-year daily work streak reflects his dedication and passion.

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Story summary

Brendan Foody, a Silicon Valley billionaire, and his co-founders launched Mercor, an AI recruiting startup, after a hackathon in São Paulo.
The platform automates hiring and reached a $1 million run rate within nine months.
A $350 million funding round raised Mercor’s valuation to $10 billion.
Foody dropped out of Georgetown, explaining that his three-year daily work streak reflects his dedication and passion.