Cursor wants to write all the world's code (Changelog News #110)
Sep 3, 2024
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This session features Rachel Stephens, a RedMonk analyst, who delves into the complexities of rug pulls in tech. Caleb Porzio shares his journey of earning $1 million via GitHub Sponsors, inspiring fellow developers. Shay Banon, founder of Elastic, announces the triumphant return of Elasticsearch to open source, discussing its impact. Finally, Tomas Stropus offers valuable insights into the art of finishing projects, exploring the psychological benefits of accountability and deadlines. Tune in for a mix of inspiration and practical advice!
Cursor AI's $60 million funding could potentially transform coding by providing instant answers and simplifying complex changes.
Rachel Stevens highlights the complex financial implications of shifting open source projects to proprietary licenses, revealing mixed outcomes on revenue and valuation.
Deep dives
The Rise of Cursor: A New AI Code Editor
Cursor, an AI code editor, has recently unveiled its $60 million Series A funding, sparking excitement among developers. This editor aims to revolutionize coding by replacing tedious searching for code primitives with instant answers and allowing complex changes to be implemented in seconds. Unlike other tools, Cursor functions as a standalone editor, which could either provide a seamless experience or risk alienating users who are set in their preferred environments. The potential for advanced features like intelligent background workers and quick bug detection makes Cursor a promising addition to the coding landscape.
Exploring Open Source Licensing Impact on Revenue
Rachel Stevens from RedMonk investigates the financial impact of switching open source projects to proprietary licenses, looking at examples such as MongoDB and HashiCorp. Her findings suggest that while revenue sometimes increases post-license change, the rate of growth does not show a significant improvement, and company valuations yield mixed results. This indicates a complex relationship between licensing strategies and financial performance, challenging the assumption that moving to a proprietary model automatically enhances value. The research underscores the need for careful evaluation when considering changes to project licensing.
The Cursor AI code editor raises $60 million, RedMonk’s Rachel Stephens tries to determine if rug pulls are worth it, Caleb Porzio details how he made $1 million on GitHub Sponsors, Elastic founder Shay Banon announces that Elasticsearch is open source (again) & Tomas Stropus writes about the art of finishing.
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