20VC Exclusive: Mercor Raises $100M at a $2BN Valuation: Scaling to $70M in ARR in 24 Months | 9-9-6: 9AM-9PM - 6 Days Per Week: The Most Intense Culture in Silicon Valley | The Future of Programming, Models and Data with Adarsh Hiremath - podcast episode cover

20VC Exclusive: Mercor Raises $100M at a $2BN Valuation: Scaling to $70M in ARR in 24 Months | 9-9-6: 9AM-9PM - 6 Days Per Week: The Most Intense Culture in Silicon Valley | The Future of Programming, Models and Data with Adarsh Hiremath

Feb 20, 202546 min
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Episode description

Adarsh Hiremath is the Co-Founder and CTO @ Mercor, an AI recruitment platform and one of the fastest-growing companies in technology. They have scaled to $70M in ARR in just 24 months. They are famed for working 6 days per week, 9AM to 9PM. All of their founders are Thiel fellows, they are also the youngest unicorn founders ever with the fundraise announced today raising $100M led by Felicis at a $2BN valuation. 

In Today’s Episode We Discuss:

04:36 How Debating Makes The Best Founders

06:05 Do People Treat You Differently When a Unicorn Founder

10:58 Scaling to $70M ARR in 24 Months

13:42 How Culture Breaks When Scaling So Fast 

23:49 The Future of Foundation Models

24:05 OpenAI vs Anthropic

24:32 Data: Synthetic vs Human

27:10 The Future of Programming and AI

28:15 The Impact of AI Tools on Software Development

28:51 Why Software Will Become Commoditised

29:55 Network Effects and Marketplaces

33:13 Raising From Benchmark After a Helicopter Ride

37:30 Quickfire Round: Insights and Reflections

 

20VC Exclusive: Mercor Raises $100M at a $2BN Valuation: Scaling to $70M in ARR in 24 Months | 9-9-6: 9AM-9PM - 6 Days Per Week: The Most Intense Culture in Silicon Valley | The Future of Programming, Models and Data with Adarsh Hiremath | The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch podcast - Listen or read transcript on Metacast