FTX Liquidators Miss $500 Million Opportunity with Cursor Sale
- FTX’s stake in AI platform Cursor was sold for $200,000.
- Cursor, developed by Anysphere Inc., is now valued at $9 billion.
- The company has raised $900 million in funding since the sale.
- Cursor generates over $200 million in annual recurring revenue.
- The original investment was made by Alameda Research in 2022.
FTX liquidators sold their stake in Cursor for its initial investment value of $200,000. Following the sale, Cursor secured significant funding and achieved a valuation of $9 billion, highlighting a missed opportunity for FTX’s estate to capitalize on its growth potential.
Source (2.6)https://dailyhodl.com/2025/05/06/ftx-estate-fumbles-500000000-investment-as-ai-coding-platform-cursor-now-valued-at-nearly-1000000000-report/?rand=59076
