4 ms·

I was trying to think about the why with Cursor, and the only thing that makes sense to me is they wanted experts in making harnesses so that they can pivot tha

I was trying to think about the why with Cursor, and the only thing that makes sense to me is they wanted experts in making harnesses so that they can pivot that expertise towards building harnesses intended for autonomous agents to use instead of humans. There's no world where a 60 billion IDE makes sense.

lokimedes 4mo ago
Not just an IDE, look at the prospect, they’ll soon lead in farming, genetics, AGI and teleportation. Remember to price in the TAM of that!
- chairmansteve 4mo ago
  Time travel!
monocasa 4mo ago
I think it's more that Space X's valuation is ridiculous, and they need acquisitions that are ridiculous to pretend that the emperor is still wearing clothes. When cursor is selling for $60B, then grok has to really be worth several times that, right?
- dehugger 4mo ago
  I don't know that I disagree, but this had to be in the works before the IPO right? Acquisitions don't typically materialize in a timeline of <1 week (or perhaps they do when someone walks in and offers 60B...)
  - monocasa 4mo ago
    Inflating SpaceX's perceived value would have been the primary goal for a lot of the business for at least the past year leading up to the IPO.
- mrweasel 4mo ago
  It's probably a bit of both. Space X is overvalued, and so is Cursor. It's easier for Space X to justify buying Cursor for $60B than it would be for other, because it's a rounding error compared to Space X's valuation. I haven't tried Cursor, and I'm sure it's a perfectly good IDE, but given that JetBrains was valued at $7B in 2021 [1] $60B seems rather high. 1) https://servreality.com/news/jetbrains-startup-valued-at-7-billion/ https://servreality.com/news/jetbrains-startup-valued-at-7-b...,
  - siva7 4mo ago
    How far we have come that 60B could be considered a rounding error for a company
    - inglor_cz 4mo ago
      The US has GDP of 32 trillion. In an economy of that size, you would expect a few companies for which 60B is not crazy money, although rounding error is really stretching it.

lokimedes 4mo ago

Not just an IDE, look at the prospect, they’ll soon lead in farming, genetics, AGI and teleportation. Remember to price in the TAM of that!

chairmansteve 4mo ago
Time travel!

monocasa 4mo ago

I think it's more that Space X's valuation is ridiculous, and they need acquisitions that are ridiculous to pretend that the emperor is still wearing clothes. When cursor is selling for $60B, then grok has to really be worth several times that, right?

dehugger 4mo ago
I don't know that I disagree, but this had to be in the works before the IPO right? Acquisitions don't typically materialize in a timeline of <1 week (or perhaps they do when someone walks in and offers 60B...)
- monocasa 4mo ago
  Inflating SpaceX's perceived value would have been the primary goal for a lot of the business for at least the past year leading up to the IPO.
mrweasel 4mo ago
It's probably a bit of both. Space X is overvalued, and so is Cursor. It's easier for Space X to justify buying Cursor for $60B than it would be for other, because it's a rounding error compared to Space X's valuation. I haven't tried Cursor, and I'm sure it's a perfectly good IDE, but given that JetBrains was valued at $7B in 2021 [1] $60B seems rather high. 1) https://servreality.com/news/jetbrains-startup-valued-at-7-billion/ https://servreality.com/news/jetbrains-startup-valued-at-7-b...,
- siva7 4mo ago
  How far we have come that 60B could be considered a rounding error for a company
  - inglor_cz 4mo ago
    The US has GDP of 32 trillion. In an economy of that size, you would expect a few companies for which 60B is not crazy money, although rounding error is really stretching it.