According to the Financial Times, the AI-powered code editor Cursor has completed a funding round of 900 million dollars, and the company's valuation has reached 9 billion dollars.
Highlighted details:
• Alameda Research invested 200 thousand dollars in the seed funding round in 2022.
• However, this share was later sold at the same price (200 thousand dollars) by #FTX liquidation officers.
• Considering Cursor's latest valuation, this share's estimated value today could be around 500 million dollars.
This situation indicates that some asset sales in the FTX liquidation process have resulted in significant opportunity costs.