Midjourney reported a profit in 2022, and then never reported anything new.
Cursor recently made 1 month of mad profit, by first hiking the price in their product and holding the users basically hostage, and then they stopped offering their most succesful product because they couldnt afford to sell it at that price. They annualized that month, and now “make a profit”.
Basically, cursor let everyone drive a Ferrari for a hundred bucks a month. Then they said “sorry, it costs 500 a month”. And then said “actually, instead of Ferrari, here’s a Honda”. Then they subtracted the cost of the Honda from the price of the Ferrari, and called it a record profit
Midjourney reported a profit in 2022, and then never reported anything new.
Cursor recently made 1 month of mad profit, by first hiking the price in their product and holding the users basically hostage, and then they stopped offering their most succesful product because they couldnt afford to sell it at that price. They annualized that month, and now “make a profit”.
Basically, cursor let everyone drive a Ferrari for a hundred bucks a month. Then they said “sorry, it costs 500 a month”. And then said “actually, instead of Ferrari, here’s a Honda”. Then they subtracted the cost of the Honda from the price of the Ferrari, and called it a record profit
This is legal somehow