Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
SBF's early $200,000 investment in Cursor's funding round would be worth approximately $3 billion if the equity had not been sold.
Svmuu News: SpaceX announced today that it has reached a cooperation intent with AI programming startup Cursor. The latter has granted SpaceX the right to acquire it for $60 billion later this year, or to pay $10 billion to advance cooperation between the two parties. It is reported that Cursor's developer, Anysphere, completed a $400,000 Pre-Seed funding round in April 2022, co-invested by Alameda Research and Heroic Ventures. Among them, Alameda invested $200,000 in Anysphere, acquiring approximately 5% equity. This equity stake was sold at its original price during the FTX bankruptcy liquidation. If it had not been sold, its current value would be approximately $3 billion.
Recommended Reading




