alt Hacker NewsIt reportedly has a $2B ARR, and a 5x multiplier doesn't seem insane to me, but who knows, honestly
Replies
rvnx • today at 4:14 AM
They have 2B ARR because their business model is about selling models cheaper than they cost.
The main frenzy with Cursor started when you could access Anthropic models practically for free.
Otherwise it is just VS Code.
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Unit327 • today at 1:08 AM
2B ARR at what cost base?
But it's paying a 5x ARR multiplier for the right to buy at a 30x multiplier.