The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Clements: 7x more CFOs are telling developers to increase AI token spending
“We did this survey of developers, and we asked them how many of them had a CFO who was telling them to spend less on Consumption versus more, and we actually found that seven times more companies are being told to, like, let it rip and spin more.”
Clements: 95% of developers switch AI models daily
“And one of the things that we're learning is like 50% of developers switch model families on a daily basis and 95% of developers switch models on a daily basis.”
Clements: Cursor will build specialized coding models for enterprise users
“Cursor is going to build specialized coding models that are going to serve specialized coding tasks, especially for a lot of enterprise users.”
Clements: Anthropic and select private AI companies could reach $1T valuations
“I think that company and a small handful of companies in the private market today are operating on a different plane. You know, I think it is not bombastic to say that some of those businesses could be trillion dollar companies.”
Clements: Private equity firms will acquire overvalued 2021 tech startups
“I think it's probably a good time to be in the LBO business. I think it's probably a good time to be in the Toma Bravo Vista Blackstone KKR business. There will be homes for a lot of those companies, you know, who get themselves to a sustainable place and they…”
Clements: Generational AI opportunities and outcomes are just beginning
“Those companies will be bigger than the outcomes that I probably envisioned a year ago, and there is still time to be a part of some of them, and because, like, the innovation flywheel is just getting started. We are barely scratching the surface.”
Clements: 90% of Cursor users are daily active agent users
“90% of cursor users are daily active users of the agent product.”
Clements: Cursor's AI agent product usage grew 15x last year
“The agent product grew 15 X last year.”
Clements: Cursor cloud agent accounts for 35% of merged PRs
“You know, the cloud agent product, which was new as of like October 30th, so it's only been in market for three months, is now responsible for 35% of merged PRs in cursor.”
Clements: AI verticals will sustain multiple major winners, not monopolies
“But I also think the way that a number of these verticals are going to play out in a number of the AI categories, there's going to be a couple of really big companies and several of them.”
Clements: Anthropic's app surpassed OpenAI's ChatGPT in the App Store
“Yeah, I mean, they passed GPT in the app store.”
Clements: The market will see $10 trillion companies in the next cycle
“I mean, if you think about it, 10 years ago, there were zero publicly traded companies worth a trillion dollars. Five years ago, there were five companies worth a trillion dollars. As of today, there's 14 with probably three or four private companies that are …”
Clements: Cursor has 2x more agent users than tab autocomplete users
“There are two times more people using agents in cursor than using the tab feature.”
Clements: No company has ever built a single platform for engineering
“There has never been a platform company for engineering as a vertical and engineers are like, I mean, this is the fastest growing, most dynamic vertical there is, and no one has ever owned that.”
Clements: Accel invested in CrowdStrike at $160M valuation with $1M ARR
“The example I would point to is, you know, CrowdStrike. Samir Gandhi and John Locke intersected CrowdStrike when it was, you know, there was like a million dollars of software revenue and there was a nine million dollar consulting business, and like, that was …”
Clements: Public trillion-dollar market cap companies grew from zero to twelve
“A decade ago, there were zero companies worth a trillion dollars. Five years later, there were six public companies worth a trillion dollars. Today, there's a dozen companies worth a trillion dollars in the public market.”