3 ms·
If these tools were so great they wouldn't be struggling so hard to sell them. Great sign that the company has to mandate a "productivity" tool that the workers
by shimman 8mo ago
If these tools were so great they wouldn't be struggling so hard to sell them. Great sign that the company has to mandate a "productivity" tool that the workers hate.
Hence why all these LLM companies love government contracts, they can't sell to consumers so they'll just steal from tax payers instead.
- keeda 8mo agoCursor and Claude Code are amongst the fastest selling products in history. Cursor: 1 Billion ARR in 24 months -- https://andrew.ooo/posts/cursor-fastest-growing-saas-1b-arr/ https://andrew.ooo/posts/cursor-fastest-growing-saas-1b-arr/ Claude Code: 2.5 Billion ARR in 10 months -- https://www.anthropic.com/news/anthropic-raises-30-billion-series-g-funding-380-billion-post-money-valuation https://www.anthropic.com/news/anthropic-raises-30-billion-s...
- shimman 8mo agoAh yes the mythical "valuations" based on unicorn dust and pixie horns (note that they don't define what a month actually is, my hunch is they take their best week then multiply it by x52).
- keeda 8mo agoValuations?! The "R" in "ARR" stands for "Revenue." Valuations are something entirely different and much higher. And if you suggest that these and other AI companies are lying about revenues or fudging the numbers, it is corroborated from THREE other angles: the investors in these startups, the payment processor for these startups, and the people allocating budgets for the products from these startups! This thread (and its parents with links) is relevant: https://news.ycombinator.com/item?id=46773252 https://news.ycombinator.com/item?id=46773252