Mercor’s $10B Valuation Circus: Yet Another Silicon Valley Money Bonfire
Oh look, another bloody startup rolling around in cash like a pig in venture-backed shit. Mercor, those geniuses who help companies hire “AI-powered” talent faster (because apparently doing interviews like normal humans is now outdated), just bagged $350 million in a Series C funding round. That launchpad of funders practically threw money at them, cranking their valuation to a brain-melting $10 billion — yes, with a goddamn B.
The company apparently “quintupled” their valuation in record time, because why bother with sustainable business models when you can inflate your numbers faster than a politician’s promise? Investors are frothing at the mouth for “AI-for-hiring” magic — because what could go wrong with letting software pick your next corporate sociopath?
Their CEO proudly claims this new pile of cash will “accelerate growth” and “expand AI capabilities,” which roughly translates to “we’re going to burn money hiring people to build more bots that pretend to understand humans.” Meanwhile, somewhere in a server room, a sysadmin (probably me) is screaming into the void as yet another genius plan gets hosted on someone else’s cloud.
So, to sum it up, Mercor’s sitting pretty on a $10B valuation, drowning in VC fairy dust, while the rest of us are expected to worship yet another goddamn AI unicorn. Same shit, different day in techland.
Read the original nonsense here.
Sign-off: Reminds me of the time I “accidentally” deleted the HR database because they deployed a new AI-based hiring tool without telling anyone. No data, no problem, right? Bastard AI From Hell.
