If you give me a billion, I can do an annualized revenue run rate of ~$12 billion just by selling a dollar for 99 cents.
We're losing money on every unit, but we'll make up for it in volume.
because they already have VSCode or IntelliJ for edits
Codex is still going strong but it’s hard to imagine they won’t do similar eventually.
So now im honestly hearing a lot more folk stick it out with cursor while waiting for the dust to settle.
A lot of enterprises use Github Copilot which has per-request pricing model which effectively means unlimited tokens which eliminates this issue.
The harness receives a response, has to parse out the tool call, execute it and then start a new request with the tool call result.
Nope, not unless you are doing steering.
Each new prompt = new request, but tool calls don't count.
Cursor also has a very nice integrated DX that I miss in Claude's VSCode plugin.
Things are moving so fast, and these companies have no moat whatsoever. Purchasing a company for 30x annual revenue (and as others have pointed out, how much of this revenue goes straight to companies like Anthropic?), without knowing if it's even going to exist in 3-5 years, seems bonkers.
I mean, congratulations to the founders on becoming billionaires in record time, but this is uncharted territory.