{"id":25423,"date":"2025-05-06T15:33:15","date_gmt":"2025-05-06T15:33:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25423"},"modified":"2025-05-06T15:33:15","modified_gmt":"2025-05-06T15:33:15","slug":"ftx-creditors-sold-potential-500m-anysphere-stake-for-200000-before-startups-valuation-tripled","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25423","title":{"rendered":"FTX Creditors Sold Potential $500M Anysphere Stake For $200,000 Before Startup&#8217;s Valuation Tripled"},"content":{"rendered":"<div>\n<p>A previously overlooked stake once tied to the collapsed crypto exchange <strong>FTX<\/strong> may now be worth roughly $500 million, following a sharp rise in valuation at one of <a href=\"https:\/\/www.benzinga.com\/money\/how-to-invest-in-ai-startups\">Silicon Valley&#8217;s hottest AI startups<\/a>.<\/p>\n<p><strong>What Happened: Anysphere<\/strong>, the company behind the AI-powered code-writing assistant <strong>Cursor<\/strong>, has raised $900 million in new funding, tripling its valuation to $9 billion, Financial Times <a href=\"https:\/\/www.ft.com\/content\/a7b34d53-a844-4e69-a55c-b9dee9a97dd2\">reported<\/a>.<\/p>\n<p>This surge comes just months after FTX creditors offloaded their equity interest in Anysphere for only $200,000, according to a person familiar with the matter.<\/p>\n<p>The massive valuation jump underlines just how costly distressed asset sales can be \u2014 and how rapidly AI start-ups are inflating in value. <\/p>\n<p>The new round was led by <strong>Thrive Capital<\/strong>, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45226571\/ftx-creditors-sold-potential-500m-anysphere-stake-for-200000-before-startups-valuation-tri\" alt=\"FTX\" creditors sold potential anysphere stake for before startup valuation tripled>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A previously overlooked stake once tied to the collapsed crypto exchange FTX may now be worth roughly $500 million, following a sharp rise in valuation at one of Silicon Valley&#8217;s hottest AI startups. What Happened: Anysphere, the company behind the AI-powered code-writing assistant Cursor, has raised $900 million in new funding, tripling its valuation to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25423","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25423"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25423\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}