Posted by colesantiago 10 hours ago
But businesses will always chase that dream of reduced customer contact, so Salesforce will keep selling it to them.
An AI secretary seems perfectly acceptable for both sides. The expectation is that a real human comes in soon after but this seems like a way to free up the most tedious parts of the process for both sides.
You can't possibly mean a glorified editor-shell isn't as valuable as say Nike, Deutsche Bank, Target, Ford or Nintendo?
That's a glorified feet-shell. So like-for-like?
Even when you use "Nike the Company" vs "Cursor as a general search term" to compare search history in Google Trends, it's 71/5, so I'm guessing most people would say they've heard about Nike, while probably most never heard about any software program called "Cursor".
I do think 60B for Cursor is way overvalued. Just not sure how to quantify
While I think that this is a bad move for Intercom, it's actually brilliant for Dublin and Ireland that they have finally exited.
Lots of embedded assumptions about growth and margins to convert that revenue multiple to discounted cash flows.
https://investor.salesforce.com/financials/quarterly-results...