Cursor Acquired for $60BN by xAI | Anthropic Hits $1TRN in Secondary Markets | Did Anthropic Just Kill Figma, Adobe and Canva

Jason Lemkin is one of the leading SaaS investors of the last decade with a portfolio including the likes of Algolia, Talkdesk, Owner, RevenueCat, Saleloft and more.

Rory O’Driscoll is a General Partner @ Scale where he has led investments in category leaders such as Bill.com (BILL), Box (BOX), DocuSign (DOCU), and WalkMe (WKME), among others.

In Today's Episode We Discuss:

• Cursor Acquired for $60B?! Breaking down the mind-blowing deal with xAI/SpaceX

• Why Cursor and Elon Musk actually make perfect sense

• Who Won the Deal?

• Venture Payday: What this means for the investors and the "lock-up" reality for the founders

• SpaceX as an AI Lab

• The AI Advantage: Why high-price stocks are the ultimate weapon for massive acquisitions

• The $100 Billion Prediction

• End of an Era: Tim Cook steps down at Apple

• Why Netflix, Canva, and Adobe should be terrified of YouTube and AI

• Anthropic Hits $1 Trillion

• Claude Design vs Figma

• Rippling's God-Mode Growth

• Salesforce Goes Headless: Marc Benioff's genius move to survive the AI agent revolution

• The "Agent Fabric": The next trillion-dollar battleground for the enterprise

• Cerebras IPO 2.0

• Jensen Huang vs The Podcasters: Reacting to Nvidia interview.

• London vs The Valley