Slack was a similar thing. IPO'd at 10 million users with 400M in revenue but got destroyed by Microsoft thanks to Teams.
Cursor is at a worse position and at greater risk of ending up like Slack very quickly and Microsoft will do the exact same thing they did to Slack.
This time by extinguishing (EEE) them by racing prices of VSCode + Copilot close to zero, until it is free.
The best thing Cursor should do is for OpenAI to buy them at a $10B valuation.
My current company uses Slack as the main messaging app, while still using Teams as part of the Microsoft package, for its integrations with Outlook and conference hardware and software. And this is a recurring pattern I've seen in other places. Teams is nowhere close to being a usable alternative to Slack.
Wait, what?! Slack got destroyed by Teams? You seem to be living a few parallel universes away from the one I'm in.
Yes, "destroyed" is apt. See the graph under "Slack vs Microsoft Teams: Users" here: https://www.businessofapps.com/data/slack-statistics/
Interesting, but isn't it just because Teams is bundled and integrated with MS Office? I couldn't find any specific stats on revenue or how many businesses actually choose to pay for Teams specifically.
Yes, AFAIK you can't even buy Teams separately, it's only bundled with MS 365. The DAU numbers, however, correspond to people actually online and using Teams for communications, so it doesn't really matter (if we only care about "how many users are using what").
It's sad but true that many orgs went from Slack to Teams due to Microsoft's monopolistic sales tactics. Sucks because now I use Teams every day.
Teams has 8 times the monthly active users.
Microsoft pushed Teams onto my personal Windows PC in a recent update, as a startup item. And, as far as I could tell, automatically logged me in to my Microsoft account on it.
I'd be very skeptical of their MAU claims.