So you're assuming every single developer will pay $40 a month for Cursor??? And I say this as someone who does pay $20 a month for Cursor.
I also think it's quite the stretch to say the number of SWEs will grow meaningfully due to AI, especially when it seems like half the time you hear a pitch about how it will make software developers obsolete.
To be clear, I can easily understand how $60 million is a good investment, but I chuckle at the $100B+ valuation.
Yeah of course they’re fantasy numbers. It’s called a TAM and it’s how VCs get comfortable with putting $60 million into a company like Cursor. I made no claim as to what the company is actually worth.
And right, some people claim AI will reduce number of SWEs. If you’re Cursor, you’re probably arguing the opposite.
> 23 million * $40 * 12
So you're assuming every single developer will pay $40 a month for Cursor??? And I say this as someone who does pay $20 a month for Cursor.
I also think it's quite the stretch to say the number of SWEs will grow meaningfully due to AI, especially when it seems like half the time you hear a pitch about how it will make software developers obsolete.
To be clear, I can easily understand how $60 million is a good investment, but I chuckle at the $100B+ valuation.