To put it bluntly: Cursor's growth story was a lie. It reached $500 million in annualized revenue selling a product it can no longer afford to sell, suggesting material weakness in its own business and any and all coding startups.
It is also remarkable — and a shocking failure of journalism — that this isn’t in every single article about Anysphere.
— Edward ZitronReplicated under Fair Use from The Hater's Guide To The AI Bubble by Edward Zitron.