Everyone's writing Apple off on AI.
I'd be careful.
Apple has 2 billion devices, default placement, and users who already pay for everything in their ecosystem.
They don't need to win on model quality.
They need to be good enough to be the AI people forget they're using.
That's actually the hardest thing to build. And Apple's spent 20 years learning how to do exactly that.
Dave: "So let me get this straight, Michael. You started Cursor three years ago."
Michael: "Yes, Dave."
Dave: "And you just raised $900 million."
Michael: "Correct."
Dave: "At a $9.9 billion valuation."
Michael: "That's right."
Dave: "You're doing over $500 million in ARR."
Michael: "Yes."
Dave: "Which means your revenue has been doubling every two months."
Michael: "Pretty much."
Dave: "And OpenAI tried to buy you."
Michael: "They did."
Dave: "But you said no."
Michael: "We turned them down."
Dave: "So they bought your competitor Windsurf for $3 billion instead."
Michael: "That happened, yes."
Dave: "The competitor doing $100 million ARR while you're at $500 million."
Michael: "I'm aware of the math, Dave."
Dave: "And you're still just a fork of VS Code."
Michael: "Well, when you say it like that—"
Dave: "So your entire $9.9 billion company depends on Microsoft not changing its API."
Michael: "We prefer to call it 'strategic interdependence.'"
Dave: "Okay. Thanks for calling in."
THE VERY NEXT DAY:
Dave: "Michael, you're calling back already?"
Michael: "We just raised another round."
Dave: "How much?"
Michael: "$2.3 billion."
Dave: "At what valuation?"
Michael: "$29.3 billion."
Dave: "You were at $9.9 billion yesterday."
Michael: "Correct."
Dave: "Did you stop being a fork of VS Code?"
Michael: "No."
Dave: "Did Microsoft give you permission to use their code?"
Michael: "They haven't said no."
Dave: "So you tripled your valuation in 24 hours and nothing fundamentally changed."
Michael: "Our revenue is still doubling every two months."
Dave: "You're still one API change away from bankruptcy."
Michael: "Strategic interdependence, Dave."
Dave: "We're done here, Michael. Stop calling."
@OpenAI@grok give me product teardown for this feature and improve product sense. why is it piloting in these countries and not usa. gtm strategy case study too simple.
@ProfCong@pravchak part of brane enterprises. 4 months of unpaid dues and counting. this shows the lack of structure and policy enforcements that are needed to enforce laws on these companies like brane enterprises.
#ForAnnaForAll
"Toxic working conditions can either be due to bad bosses or extreme work load or both" highlighted #AIPC Chairman @pravchak
In a video conversation between Shri Rahul Gandhi and her parents, they expressed a singular desire: to prevent future losses of loved ones to work stress. They sought national attention to office stress and workplace wellness issues, demanding open discussion and resolution.
There were submissions by employees of companies like Brane Enterprises in Hyderabad sharing stories of ill treatment.
The issue of toxic culture was also raised by 500 employees of SEBI.
Absolutely horrifying experience with @GoibiboSupport. It has to be the worst support service ever. Better to shut it down completely instead of giving inhuman, apathetic, careless, robotic, senseless resolutions.
Incident details in the thread below.
@ashishkashyap@GoibiboSupport@VsGoibibo It's a completely unsafe place, especially if you go as a couple. The host was very rude and started yelling loudly at us in Kannada when we told we were leaving. He started chasing us to our car till we left. It's a joke that a platform like goibibo even exists. 🥱
When escalated to the Goibibo support team at 4 am, on the roads, without any place to stay, they refused to refund a single penny and asked to have a good day! The audacity!! I've been continuously following up on this incident for the last 10 days and the support is so useless.
Booking ID: GH25120223586476
We booked a cottage in Gokarna a week before visiting from Goibibo. When we reached there, the place is very unclean and unhygienic - we had to leave there within 10 mins. Moreover, the host was very rude and insisted to speak in Kannada.