Assuming $60M for 20%, that's a $300M valuation ($60M/20%). Assuming a 10x multi... | Hacker News

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		ahstilde on Aug 23, 2024 \| parent \| context \| favorite \| on: Cursor Has Raised $60M 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.

tiffanyh on Aug 23, 2024 | [–]

Those 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).

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