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11 Cursor Returns Spur VC-Backed Deal Hopes

The Information
Katie Roof @ The Information 1 place · today 20:16 EDT

Achieving the largest IPO in history wasn’t the only record that SpaceX set. It’s now agreed to complete the largest acquisition of a venture-backed startup in history, its $60 billion dollar purchase of Cursor. The acquisition will make its founders billionaires, and it should provide billions in returns for investors like Thrive Capital and Accel. It also gave venture investors hope that other mega deals for startups are coming.

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