Cursor at 60B is WAY overvalued. At this point you have to assume that anything that gets touched by Elon is hyper driven financial engineering.

European versus US startups maybe?

While I think that this is a bad move for Intercom, it's actually brilliant for Dublin and Ireland that they have finally exited.

Intercom allegedly has ~400M of annual revenue, making the multiplier less than 10X. Huge customer base and established brand. Looks like a steal indeed!