Mercor’s Brendan Foody calls out Sequoia, accusing it of ‘dual-pricing’ valuation tricks (opens original article in a new tab)

Brendan Foody accused Sequoia of using dual-pricing in venture capital rounds, where the firm invests at different valuations, creating a misleading perception of a startup's worth. Sequoia's Shaun Maguire defended the practice as a market reality, not a scam.

• Brendan Foody accused Sequoia of dual-pricing in venture capital rounds.
• Sequoia's Shaun Maguire defended the practice as a market reality, not a scam.
• The dual-pricing structure can inflate a startup's perceived valuation, affecting employee stock options and angel investments.