Lenny Rachitsky: evaluation

Transcript context

…Yeah. And we had this thesis when I was at Growth by Design around, we think there's this different way to do this. We'd seen all these companies over time and worked with labs and all these things. We're like, "Wow, these companies are literally at the cutting edge of a technical revolution here." Probably the most exciting one we've seen in millennia. And they are recruiting in a web browser way. And we're like, "If a company had this willingness to commit this time and effort as this collective force, they could really have an unfair advantage when it comes to talent." And when you think about companies over time, whether they become this iconic logo or one that we no longer recognize, it often isn't the first company, the fastest to market, the first idea. It's actually execution. And execution comes down to having the right talent at the right time. And when companies figure that out, they're like, "Ooh, this is the most important thing and this is how we're going to approach it." And so when we met Cursor, we're like, "This could be fun." Cursor is actually such a great example of exactly what you're describing because it feels like throughout the entire history of Cursor, it was always just like, how are they going to survive? There's these model companies building these things, the IDs. People are moving away from IDs. And it's been incredible to watch Cursor execute and get ahead of each of these shifts whenever people doubt that there's an opportunity here and it just keeps growing and killing it. I mean, it's not too long ago it was like tab auto complete on it. And now we're in a fully cloud agents. But just remember the time span is months. The condensed nature of this is just wild.…

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