And people say there's no AI bubble...
I wonder what Cursor's market value is at this point. Definitey north of $10B right? Their founders and investors would be wise to exit while the AI market is still hot (and the rest is not).
I wonder what Cursor's market value is at this point. Definitey north of $10B right? Their founders and investors would be wise to exit while the AI market is still hot (and the rest is not).
Here is one report that projects a $25B market by 2030. It would not take long to recoup their investment if that prediction comes true.
https://www.globenewswire.com/news-release/2025/03/26/304970...
You can only really get that when you have a large market share.
When your IDE makes a call to OpenAI they get to see only half the picture they don’t know how the user reacts to the output.
So there is a lot of value in being in the client loop also and seeing the full picture.
My guess it's much larger than $25B
This is no longer a market for software tooling, it's started to eat the software engineering salaries, freelancer marketplaces and consulting/outsourcing/bodyshop revenues...
If there are ~ 30M developers now globally, earning $100K/yr on average, and this will reduce it to 20M, so we get 10M * $100K = $1T
Even assuming that 90% will go to foundational models, not IDEs / coding agents SW, we still get ~ $100B