zlacker

>>scared+(OP)
Cursor: a VS Code extension that got itself valued at $10bn.

>>jen729+ZY3
The 1 million users + $200 million in revenue probably had something to do with the valuation.

>>calebk+x24
Slack was a similar thing. IPO'd at 10 million users with 400M in revenue but got destroyed by Microsoft thanks to Teams.

Cursor is at a worse position and at greater risk of ending up like Slack very quickly and Microsoft will do the exact same thing they did to Slack.

This time by extinguishing (EEE) them by racing prices of VSCode + Copilot close to zero, until it is free.

The best thing Cursor should do is for OpenAI to buy them at a $10B valuation.

>>rvz+X64
Wait, what?! Slack got destroyed by Teams? You seem to be living a few parallel universes away from the one I'm in.

>>falcor+la4
Yes, "destroyed" is apt. See the graph under "Slack vs Microsoft Teams: Users" here: https://www.businessofapps.com/data/slack-statistics/

>>parlia+fo4
Interesting, but isn't it just because Teams is bundled and integrated with MS Office? I couldn't find any specific stats on revenue or how many businesses actually choose to pay for Teams specifically.

>>falcor+9x4
Yes, AFAIK you can't even buy Teams separately, it's only bundled with MS 365. The DAU numbers, however, correspond to people actually online and using Teams for communications, so it doesn't really matter (if we only care about "how many users are using what").