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Assuming $60M for 20%, that's a $300M valuation ($60M/20%). Assuming a 10x multiple on revenue, that requires $30M in ARR ($300M/10). Cursor only needs 83k pa
by ahstilde 2y ago
Assuming $60M for 20%, that's a $300M valuation ($60M/20%).
Assuming a 10x multiple on revenue, that requires $30M in ARR ($300M/10).
Cursor only needs 83k paying users to hit that ARR.
Github has over 100M users. Copilot has 1M users.
It's a new, growing market.
- deleted 2y ago[deleted]
- tiffanyh 2y agoThose numbers are just to get to "breakeven" on their valuation, correct? Meaning, Cursor would need to go from 0 paid users to 83k paid user ... just to justify that raise (and the investors don't even make money then).