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They haven't built their own editor, they haven't built their own models; what have they actually built?
they are building their own editor (granted they didn't do it from scratch); they do build their own models (see composer);

they may not have done a lot of this from scratch but there's still a lot of innovation in what they're doing. they're also building a pretty fantastic product and clearly the leader today in AI innovation for IDEs.

may not be everyone's cup of tea; but i think you might be detracting some of their innovation.

The average series D is 50-100M. This is 2.3B.

I'm wondering if AI coding companies almost NEED to be this capital heavy to pay for the massive LLM costs.

> Today, we’re pleased to announce a new round of financing: our Series D of $2.3B at a $29.3B post-money valuation.

> We’ve also crossed $1B in annualized revenue

A 30x revenue multiple on (presumably) relatively low-margin revenue is certainly punchy.

One wonders how much of their $1bn of ARR they're paying straight through to Claude/Anthropic.

I love Cursor.

I’m greedy to ask but is there a better alternative? Hard for me to imagine. I tried Copilot was no where near as good.

> We’ve grown to a team of over 300 engineers, researchers, designers, and operators

That last word, operators, I have seen used multiple times over the past couple of weeks to refer to managers and politicians. Is that the usage here too? If so, is this a new trend in the tech world? I’ve certainly heard of “political operators” in TV shows about Washington DC, but the usage in tech is new to me.

I am grateful to Cursor for ushering in the new age of coding beyond the "old" Github Copilot. I am also grateful to their VCs for subsidizing my coding. I am going to use their money to write subsidized code as long as the party lasts.
> Cursor should be a place where it’s impossible to write bugs.

Ha. Does anyone run a total on how much VC funding has gone towards this goal? In aggregate?

"oday, we’re pleased to announce a new round of financing: our Series D of $2.3B at a $29.3B post-money valuation."

What does that mean? They got $2.3 billion of VC money and are now worth $30 billion?

"Our in-house models now generate more code than almost any other LLMs in the world"

How do they know how much code is generated by other LLMs outside Cursor?