Cursor and Claude Code are amongst the fastest selling products in history.
Cursor: 1 Billion ARR in 24 months -- https://andrew.ooo/posts/cursor-fastest-growing-saas-1b-arr/
Claude Code: 2.5 Billion ARR in 10 months -- https://www.anthropic.com/news/anthropic-raises-30-billion-s...
Ah yes the mythical "valuations" based on unicorn dust and pixie horns (note that they don't define what a month actually is, my hunch is they take their best week then multiply it by x52).
Valuations?! The "R" in "ARR" stands for "Revenue." Valuations are something entirely different and much higher.
And if you suggest that these and other AI companies are lying about revenues or fudging the numbers, it is corroborated from THREE other angles: the investors in these startups, the payment processor for these startups, and the people allocating budgets for the products from these startups! This thread (and its parents with links) is relevant: https://news.ycombinator.com/item?id=46773252