Keep pulling the thread on Brandon Foody.
Mercor is valued at over $10 billion and generates over $1 billion in revenue.
Mercor is currently spending more on tokens for its internal AI agents than on employee headcount.
Following a security incident, Mercor added $300 million in net new ARR in the last 60 days.
The recent security incident at Mercor involved an attacker using a swarm of coding agents to gain access to the system.
Brandon Foody states he would not sell Mercor for $30 billion because he is motivated to build a legendary independent company.
Mercor is currently paying out over $3 million per day to its network of experts.
Brandon Foody predicts that Mercor's daily payout to its expert network will triple to approximately $9 million within the next 12 months.
Mercor has over $500 million in cash and operates as a profitable business.
In May 2024, Mercor raised a Series A at a $250 million post-money valuation from Benchmark when it had $2.5 million in ARR.
Four months after its Series A, Mercor received a term sheet from Felicis at a $2 billion valuation when it was at $20 million in ARR.
In October 2025, Felicis provided Mercor with a term sheet at a $10 billion valuation when the company was at a $400 million revenue run rate.
Brandon Foody predicts that AI models will be able to clone entire SaaS applications like Slack end-to-end within the next 12 months.