09 / 12 · The leaky token bucket
Revenue Up, Share Down
Revenue went from $500 million to $3 billion while share of corporate AI-coding spend fell from 41% to 26%. The lines cross.
From the article Cursor: How Four 25-Year-Olds Sold Their Startup to Elon Musk for $60 Billion →
Tap to enlarge SourceRevenue: company statements and Bloomberg · share of corporate AI-coding spend: Ramp, via CNBC (estimate) · workplace adoption: JetBrains surveys (estimate) · window June 2025 to May 2026.